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$LUVU Brands based in Atlanta GA...Don't think this will be a nickle stock for long. I bought a little til I could dig in the dd and have
add some along the way.
http://www.luvubrands.com/our-company/
https://www.otcmarkets.com/stock/LUVU/profile
FY ending June 30/17, 10k ER due Sept/17
From Q3
Operating highlights for the nine months ended March 31, 2017:
Net sales increased 2.8% to a record $13.3 million for the nine months ended March 31, 2017, as compared to $12.9 million for the comparable prior-year period.
Gross margin increased to 29.1% for the nine months ended March 31, 2017, an improvement from the 25.4% gross margin for the nine months ended March 31, 2016.
Total gross profit increased 18% to $3.9 million, as compared to $3.3 million for the comparable prior-year period.
Net income increased to $334,000 during the nine months ended March 31, 2017, as compared to a net loss of ($157,000) for the comparable prior-year period.
EBITDA, as adjusted, increased to $914,000 for the first nine months of fiscal 2017, as compared to $383,000 in the comparable period of fiscal 2016.
Louis Friedman, Chairman and Chief Executive Officer, commented, "We are pleased with the improved operating performance of the Company, despite the decrease in sales during the quarter. As we previously announced, we are focusing more on sales of our manufactured products and less on lower margin distributed products. As a result, our gross profit margin during the three months ended March, 31, 2017 increased to 33.5% from 24.1% in the same period last year. The production improvements that we made during calendar year 2016 and earlier in the third quarter are also yielding positive results."
Mr. Friedman added, "During the third quarter, net sales of our Jaxx and Avana products (combined) increased by 81%. Unit shipments of Avana products increased 83% during the third quarter to approximately 4,500 units. Unit shipments of Jaxx products increased approximately 40% during the third quarter over last year third quarter. We expect to see continued strong growth for both of these brands during the remainder of calendar 2017."
Luvu Brands, Inc. business update and investors conference call for May 16, 2017.
http://www.luvubrands.com/portfolio-item/luvu-brands-3rd-qtr-earnings-conference-call/
As of May 12, 2017 there were 73,452,596 shares of the registrant’s common stock outstanding.
https://www.otcmarkets.com/stock/LUVU/news/Luvu-Brands-Announces-Fiscal-2017-Third-Quarter-Results?id=159087&b=y
Full SEC Filing
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12067081
April 26,2017
$LUVU Brands...2017 Current Investors Handout....
https://www.sec.gov/Archives/edgar/data/1374567/000101738617000066/exhibit_99-1.pdf
WEBSITES
http://www.luvubrands.com/internet-and-retail-distribution/
https://twitter.com/luvu_brands
https://www.jaxxbeanbags.com
https://twitter.com/jaxxbeanbags
https://www.avanacomfort.com
https://twitter.com/AvanaComfort
Sites below my not be suitable for work or children.
https://www.liberator.com
https://twitter.com/liberator
Hugh amount of interest here $EXAD
$LUVU Liberator brand started shipping to India mid January of this year...
Taking kinky a notch higher, Atlanta-based sexual wellness brand Liberator would soon be introducing adult furniture in India. In an exclusive partnership with Pune-based romantic, intimate and personal product brand Bliss Basket, Liberator would start shipping their range of adult furniture to India by mid-January.
Read more at:
http://economictimes.indiatimes.com/articleshow/56080344.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
$GRWG is the only one I own in the #MJ targeted sector...
https://seekingalpha.com/symbol/GRWG?s=grwg
Hit some @.0022 $EXAD
$GRWG GrowGeneration Reports Record 2nd Quarter Revenue..2017...
DENVER, Aug. 02, 2017 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (OTCQB:GRWG), (“GrowGen” or the “Company”) one of the largest specialty retail hydroponic and organic gardening stores, selling to both the commercial and home cannabis markets, with currently 13 locations, today reported financial results for its 2nd quarter ended June 30, 2017.
2nd Quarter 2017 Financial Highlights:
Revenue of $4.1 million, up 116% compared to revenue of $1.9 million for the 2nd quarter of 2016
Same-store sales increased 54% from $1.7 million for the 2nd quarter of 2016 to $2.6 million for the 2nd quarter of 2017
Adjusted EBITDA for the quarter ended June 30, 2017 totaled $7,167 compared to adjusted EBITDA of $(33,447) for the quarter ended June 30, 2016
Net loss of $340,375, inclusive of $344,932 in non-cash depreciation and share-based compensation expense, compared to a net loss of $143,681 in the 2nd quarter of 2016, inclusive of $109,121 in non-cash depreciation and share-based compensation expense.
The Company had $2.2 million in cash as of June 30, 2017
Darren Lampert, Co-Founder and CEO, said, “This was a record quarter of sales for GrowGeneration, clearly demonstrating the demand for our products and the scalability of our business as we continue our expansion plans. The 2nd quarter was the sixth consecutive quarter of sequential revenue growth. Our company has reached a financial goal of break-even at this level of revenue.”
“We have successfully opened and assimilated into our portfolio, our Denver South, Las Vegas and Trinidad stores, as well as the newly acquired stores in Seattle and Sonoma. All of these operations are performing well. We are aggressively expanding our business, with a focus in California, Nevada, Michigan, Rhode Island, Massachusetts, Maine, Oregon and the state of Washington,” added Mr. Lampert. We continue to forecast revenue for 2017 to be approximately $15 million.”
2nd Quarter 2017 Financial Results:
Revenues for the quarter ended June 30, 2017 increased 116% to $4.1 million, compared to $1.9 million for the quarter ended June 30, 2016.
Same Store Sales:
For the period ended June 30, 2017, the Company had a total of seven stores opened more than one year, generating net revenue of approximately $2.6 million, compared to approximately $1.7 million for the same seven stores for the period ended June 30, 2016, an increase of approximately $904,000 or 54%. The five stores opened less than one year generated approximately $2.2 million for the quarter ended June 30, 2017. Sales from the recently opened San Bernardino store will start being reflected in the Company’s financial results in the third quarter.
Cost of sales for the period ended June 30, 2017 increased $1.6 million to $2.96 million as compared to $1.34 million for the period ended June 30, 2016. The increase was due to the 116% increase in sales. Gross profit was $1.15 million for the period ended June 30, 2017, resulting in a 28% gross margin, compared to $570,000, or a 30% gross margin, for the period ended June 30, 2016. The margin decrease was due to an increase in the number of commercial accounts, which are generally higher revenue, lower margin accounts. As the Company continues to scale, inventory and operating efficiencies are expected to begin to be recognized in higher margins and operating profit, and management expects margins to trend back up to normalized levels in the 2nd half of the year.
Operating expenses include stores operations and corporate overhead. Operating expenses for the period ended June 30, 2017 increased $776,000 to $1.5 million, as compared to $712,000 for the period ended June 30, 2016. Store operating costs were $750,000 for the period ended June 30, 2017 compared to $381,000 for the period ended June 30, 2016. The increase is due to the increase in the number of stores. Store operating cost as a percentage of revenue was 18% for the period ended June 30, 2017 compared to 20% for the period ended June 30, 2016. Store operating costs are generally fixed in nature and do not rise commensurate with the increase in revenues. Corporate overhead, which includes non-cash share based compensation was $738,500 for the period ended June 30, 2017 compared to $331,200 for the period ended June 30, 2016. The increase was mainly due to an increase in non-cash share based compensation of $227,400 and increase in payroll expense of approximately $64,000 and an increase in general and administrative expenses such as advertising and promotion and travel and entertainment. Corporate overhead, exclusive of share based compensation was 10% of revenue for the period ended June 30, 2017 compared to 12% for the period ended June 30, 2016.
For the period ended June 30, 2017, the Company reported a net loss of $340,375, or ($.02) per basic and diluted share, compared with a net loss of $143,681, or ($.02) per basic and diluted share, in the period ended June 30, 2016. The increase was mainly due to a $227,400 increase in non-cash share based compensation.
Balance Sheet Summary
As of June 30, 2017, the Company had $2.2 million in cash and $7.7 million in total current assets compared with $606,000 and $3.6 million, respectively, as of December 31, 2017. Current liabilities were $1.8 million at June 30, 2017, compared to $$843,000 at December 31, 2017. The Company ended the June 30, 2017 period with a working capital surplus of $5.9 million compared to $2.76 million for the period ended December 31, 2017. The Company raised $3.8 million in equity capital during the period ended June 30, 2017 through the issuance of common stock and the exercise of warrants.
Adjusted EBITDA for the quarter ended June 30, 2017 totaled $7,167 compared to adjusted EBITDA of $(33,447) for the quarter ended June 30, 2016 (see definition and further discussion about the presentation of a EBITDA, a non-GAAP term, below).
Use of Non-GAAP Financial Information
The Company believes that the presentation of results excluding certain items in "Adjusted EBITDA," such as non-cash equity compensation charges, provides meaningful supplemental information to both management and investors, facilitating the evaluation of performance across reporting periods. The Company uses these non-GAAP measures for internal planning and reporting purposes. These non-GAAP measures are not in accordance with, or an alternative for, generally accepted accounting principles and may be different from non-GAAP measures used by other companies. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income or net income per share prepared in accordance with generally accepted accounting principles.
https://www.otcmarkets.com/stock/GRWG/news/GrowGeneration-Reports-Record-2nd-Quarter-Revenue?id=166163&b=y
$GRWG GrowGeneration Reports Record 2nd Quarter Revenue..#MJ
DENVER, Aug. 02, 2017 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (OTCQB:GRWG), (“GrowGen” or the “Company”) one of the largest specialty retail hydroponic and organic gardening stores, selling to both the commercial and home cannabis markets, with currently 13 locations, today reported financial results for its 2nd quarter ended June 30, 2017.
2nd Quarter 2017 Financial Highlights:
Revenue of $4.1 million, up 116% compared to revenue of $1.9 million for the 2nd quarter of 2016
Same-store sales increased 54% from $1.7 million for the 2nd quarter of 2016 to $2.6 million for the 2nd quarter of 2017
Adjusted EBITDA for the quarter ended June 30, 2017 totaled $7,167 compared to adjusted EBITDA of $(33,447) for the quarter ended June 30, 2016
Net loss of $340,375, inclusive of $344,932 in non-cash depreciation and share-based compensation expense, compared to a net loss of $143,681 in the 2nd quarter of 2016, inclusive of $109,121 in non-cash depreciation and share-based compensation expense.
The Company had $2.2 million in cash as of June 30, 2017
Darren Lampert, Co-Founder and CEO, said, “This was a record quarter of sales for GrowGeneration, clearly demonstrating the demand for our products and the scalability of our business as we continue our expansion plans. The 2nd quarter was the sixth consecutive quarter of sequential revenue growth. Our company has reached a financial goal of break-even at this level of revenue.”
“We have successfully opened and assimilated into our portfolio, our Denver South, Las Vegas and Trinidad stores, as well as the newly acquired stores in Seattle and Sonoma. All of these operations are performing well. We are aggressively expanding our business, with a focus in California, Nevada, Michigan, Rhode Island, Massachusetts, Maine, Oregon and the state of Washington,” added Mr. Lampert. We continue to forecast revenue for 2017 to be approximately $15 million.”
2nd Quarter 2017 Financial Results:
Revenues for the quarter ended June 30, 2017 increased 116% to $4.1 million, compared to $1.9 million for the quarter ended June 30, 2016.
Same Store Sales:
For the period ended June 30, 2017, the Company had a total of seven stores opened more than one year, generating net revenue of approximately $2.6 million, compared to approximately $1.7 million for the same seven stores for the period ended June 30, 2016, an increase of approximately $904,000 or 54%. The five stores opened less than one year generated approximately $2.2 million for the quarter ended June 30, 2017. Sales from the recently opened San Bernardino store will start being reflected in the Company’s financial results in the third quarter.
Cost of sales for the period ended June 30, 2017 increased $1.6 million to $2.96 million as compared to $1.34 million for the period ended June 30, 2016. The increase was due to the 116% increase in sales. Gross profit was $1.15 million for the period ended June 30, 2017, resulting in a 28% gross margin, compared to $570,000, or a 30% gross margin, for the period ended June 30, 2016. The margin decrease was due to an increase in the number of commercial accounts, which are generally higher revenue, lower margin accounts. As the Company continues to scale, inventory and operating efficiencies are expected to begin to be recognized in higher margins and operating profit, and management expects margins to trend back up to normalized levels in the 2nd half of the year.
Operating expenses include stores operations and corporate overhead. Operating expenses for the period ended June 30, 2017 increased $776,000 to $1.5 million, as compared to $712,000 for the period ended June 30, 2016. Store operating costs were $750,000 for the period ended June 30, 2017 compared to $381,000 for the period ended June 30, 2016. The increase is due to the increase in the number of stores. Store operating cost as a percentage of revenue was 18% for the period ended June 30, 2017 compared to 20% for the period ended June 30, 2016. Store operating costs are generally fixed in nature and do not rise commensurate with the increase in revenues. Corporate overhead, which includes non-cash share based compensation was $738,500 for the period ended June 30, 2017 compared to $331,200 for the period ended June 30, 2016. The increase was mainly due to an increase in non-cash share based compensation of $227,400 and increase in payroll expense of approximately $64,000 and an increase in general and administrative expenses such as advertising and promotion and travel and entertainment. Corporate overhead, exclusive of share based compensation was 10% of revenue for the period ended June 30, 2017 compared to 12% for the period ended June 30, 2016.
For the period ended June 30, 2017, the Company reported a net loss of $340,375, or ($.02) per basic and diluted share, compared with a net loss of $143,681, or ($.02) per basic and diluted share, in the period ended June 30, 2016. The increase was mainly due to a $227,400 increase in non-cash share based compensation.
Balance Sheet Summary
As of June 30, 2017, the Company had $2.2 million in cash and $7.7 million in total current assets compared with $606,000 and $3.6 million, respectively, as of December 31, 2017. Current liabilities were $1.8 million at June 30, 2017, compared to $$843,000 at December 31, 2017. The Company ended the June 30, 2017 period with a working capital surplus of $5.9 million compared to $2.76 million for the period ended December 31, 2017. The Company raised $3.8 million in equity capital during the period ended June 30, 2017 through the issuance of common stock and the exercise of warrants.
Adjusted EBITDA for the quarter ended June 30, 2017 totaled $7,167 compared to adjusted EBITDA of $(33,447) for the quarter ended June 30, 2016 (see definition and further discussion about the presentation of a EBITDA, a non-GAAP term, below).
Use of Non-GAAP Financial Information
The Company believes that the presentation of results excluding certain items in "Adjusted EBITDA," such as non-cash equity compensation charges, provides meaningful supplemental information to both management and investors, facilitating the evaluation of performance across reporting periods. The Company uses these non-GAAP measures for internal planning and reporting purposes. These non-GAAP measures are not in accordance with, or an alternative for, generally accepted accounting principles and may be different from non-GAAP measures used by other companies. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income or net income per share prepared in accordance with generally accepted accounting principles.
https://www.otcmarkets.com/stock/GRWG/news/GrowGeneration-Reports-Record-2nd-Quarter-Revenue?id=166163&b=y
$SMDM 0.57..New Distribution Partnership with Best Buy U.S. and Canada Stores
https://www.otcmarkets.com/stock/SMDM/news/Singing-Machine-Announces-New-Distribution-Partnership-with-Best-Buy-U-S--and-Canada-Stores?id=165992&b=y
Singing Machine Company, Inc.
https://seekingalpha.com/symbol/SMDM/key-data
$STCC 6/21/17 Signs Huge in a Partnership with Amazon...
Neptune, NJ -- (ReleaseWire) -- 06/21/2017 -- Sterling Seal & Supply, Inc., a subsidiary of Sterling Consolidated Corp. (OTCMKTS:STCC), is now a Business, Industrial and Scientific Supply Partner with Amazon. This BISS Division of Amazon will enable Sterling Seal & Supply, Inc. the opportunity to have its name seen on 65,000 items worldwide through Amazon.
Since June 1, 2017 the company has been shipping products every day. Our staff has been shipping to retail as well as to Amazon's warehouse locations. This partnership gives Sterling Seal & Supply, Inc. the potential to be a leader in supplying parts to the retail market to go along with the company's industrial market.
Since going public Sterling Consolidated has incurred 4 years in losses. The company has written down the bad debts, reduced the line of credits and has cut the operating costs drastically. This has resulted in turning the company around to profitability. The first quarter this year the company showed a net profit of over $80,000 and so far this year is looking very profitable even in the second quarter. The company sales are up, shipments are up and cash flow has improved where there is no longer a credit problem with any of the company suppliers.
The company is looking forward to a substantial upturn for the third and fourth quarters.
https://www.otcmarkets.com/stock/STCC/news
Listen to Chairman Angelo DeRosa unveil additional information on the partnership with Amazon by listening to his latest interview on the Uptick Network Stock Day Podcast.
https://upticknewswire.com/featured-interview-ceo-angelo-derosa-of-sterling-consolidated-corp-otcpink-stcc/
Sterling Consolidated Corp. (STCC)
Outstanding Shares 41,429,040
Float 5,750,333
https://www.otcmarkets.com/stock/STCC/profile
http://www.sterlingseal.com
$STCC 6/21/17 Signs Huge in a Partnership with Amazon...
Neptune, NJ -- (ReleaseWire) -- 06/21/2017 -- Sterling Seal & Supply, Inc., a subsidiary of Sterling Consolidated Corp. (OTCMKTS:STCC), is now a Business, Industrial and Scientific Supply Partner with Amazon. This BISS Division of Amazon will enable Sterling Seal & Supply, Inc. the opportunity to have its name seen on 65,000 items worldwide through Amazon.
Since June 1, 2017 the company has been shipping products every day. Our staff has been shipping to retail as well as to Amazon's warehouse locations. This partnership gives Sterling Seal & Supply, Inc. the potential to be a leader in supplying parts to the retail market to go along with the company's industrial market.
Since going public Sterling Consolidated has incurred 4 years in losses. The company has written down the bad debts, reduced the line of credits and has cut the operating costs drastically. This has resulted in turning the company around to profitability. The first quarter this year the company showed a net profit of over $80,000 and so far this year is looking very profitable even in the second quarter. The company sales are up, shipments are up and cash flow has improved where there is no longer a credit problem with any of the company suppliers.
The company is looking forward to a substantial upturn for the third and fourth quarters.
https://www.otcmarkets.com/stock/STCC/news
Listen to Chairman Angelo DeRosa unveil additional information on the partnership with Amazon by listening to his latest interview on the Uptick Network Stock Day Podcast.
https://upticknewswire.com/featured-interview-ceo-angelo-derosa-of-sterling-consolidated-corp-otcpink-stcc/
Sterling Consolidated Corp. (STCC)
Outstanding Shares 41,429,040
Float 5,750,333
https://www.otcmarkets.com/stock/STCC/profile
http://www.sterlingseal.com
$LUVU New products lauched..Jaxx Zipline collection
JAXX Debuts New Big Kids Ziplines
July 12, 2017 Jaxx’s popular Kids Zipline series was redesigned to fit children ages 5-10. In addition to the roomier seat, the collection was expanded to include a sofa which is capable of seating up to three kids. The offering also includes more sophisticated colors for 10-year olds with discerning tastes. The line can now be found on jaxxbeanbags.com as …
Read More
http://www.luvubrands.com/jaxx-debuts-new-big-kids-ziplines/
Jaxx Plays to Win in the Gamer Chair Market
June 6, 2017 With the launch of several new gamer chairs, Jaxx has potential to reach an entirely new audience. Their low, comfortable bean bags have always been good for sitting closer to the television for long periods, but these new chairs are designed to support the back fully so the battle can rage all night. Strato Bean Bag Chair …
Read More
http://www.luvubrands.com/jaxx-debuts-new-big-kids-ziplines/
More info on the "Happenings" tad on the luvu Brands website
http://www.luvubrands.com
$LUVU New products lauched..Jaxx Zipline collection
JAXX Debuts New Big Kids Ziplines
July 12, 2017 Jaxx’s popular Kids Zipline series was redesigned to fit children ages 5-10. In addition to the roomier seat, the collection was expanded to include a sofa which is capable of seating up to three kids. The offering also includes more sophisticated colors for 10-year olds with discerning tastes. The line can now be found on jaxxbeanbags.com as …
Read More
http://www.luvubrands.com/jaxx-debuts-new-big-kids-ziplines/
Jaxx Plays to Win in the Gamer Chair Market
June 6, 2017 With the launch of several new gamer chairs, Jaxx has potential to reach an entirely new audience. Their low, comfortable bean bags have always been good for sitting closer to the television for long periods, but these new chairs are designed to support the back fully so the battle can rage all night. Strato Bean Bag Chair …
Read More
http://www.luvubrands.com/jaxx-debuts-new-big-kids-ziplines/
More info on the "Happenings" tad on the luvu Brands website
http://www.luvubrands.com
$LUVU New products lauched..Jaxx Zipline collection
JAXX Debuts New Big Kids Ziplines
July 12, 2017 Jaxx’s popular Kids Zipline series was redesigned to fit children ages 5-10. In addition to the roomier seat, the collection was expanded to include a sofa which is capable of seating up to three kids. The offering also includes more sophisticated colors for 10-year olds with discerning tastes. The line can now be found on jaxxbeanbags.com as …
Read More
http://www.luvubrands.com/jaxx-debuts-new-big-kids-ziplines/
Jaxx Plays to Win in the Gamer Chair Market
June 6, 2017 With the launch of several new gamer chairs, Jaxx has potential to reach an entirely new audience. Their low, comfortable bean bags have always been good for sitting closer to the television for long periods, but these new chairs are designed to support the back fully so the battle can rage all night. Strato Bean Bag Chair …
Read More
http://www.luvubrands.com/jaxx-debuts-new-big-kids-ziplines/
More info on the "Happenings" tad on the luvu Brands website
http://www.luvubrands.com
$LUVU Brands..production automation improvements installed and implemented during Q3 should help the profit margins as well going foward into Q4 ending 6/30/17
Gross profit, derived from net sales less the cost of goods sold, includes the cost of materials, direct labor, manufacturing overhead, freight costs and depreciation. Gross profit increased 30% to approximately $1,348,000 for the three months ended March 31, 2017 from $1,037,000 in the comparable prior year period. Gross margin as a percentage of sales increased from 24.1% in the prior year period to 33.5% in the current year, primarily due to better labor utilization and production automation improvements that were put into production at the beginning of the third quarter. The Company purchased compress and roll pack equipment that was installed at the beginning of the third fiscal quarter and implemented with most of our high volume products during the third quarter. This new equipment is expected to further reduce labor costs and increase production capacity as additional manufactured products are packaged with this equipment.
Investing Activities
Cash used in investing activities in the nine months ended March 31, 2017 was $61,000 and related to the purchase and installation of new production equipment during the first, second and third quarters.
From: MD&A Q3 ending 3/31/17
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12067081
Hey Cheeky. Me and my family will be praying for Ryan, you and your family.
Alan 1c
$STCC $LUVU 5cent under the radar, undervalued..#Stocks
Sterling Consolidated Corp. (STCC)
Outstanding Shares 41,429,040
Float 5,750,333
https://www.otcmarkets.com/stock/STCC/profile
http://www.sterlingseal.com
6/21/17
Signs Huge in a Partnership with Amazon
https://www.otcmarkets.com/stock/STCC/news
=======================================================================
Luvu Brands (LUVU)
Outstanding Shares 73,452,596
Float 26,720,000
https://www.otcmarkets.com/stock/LUVU/quote
2017 Current Investors Handout....
https://www.sec.gov/Archives/edgar/data/1374567/000101738617000066/exhibit_99-1.pdf
WEBSITES
http://www.luvubrands.com/internet-and-retail-distribution/
https://twitter.com/luvu_brands
https://www.jaxxbeanbags.com
https://twitter.com/jaxxbeanbags
https://www.avanacomfort.com
https://twitter.com/AvanaComfort
Sites below my not be suitable for work or children.
https://www.liberator.com
https://twitter.com/liberator
$LUVU Amazon and plenty more..Internet and Retail Distribution....
http://www.luvubrands.com/internet-and-retail-distribution/
WEBSITES
http://www.luvubrands.com/internet-and-retail-distribution/
https://twitter.com/luvu_brands
https://www.jaxxbeanbags.com
https://twitter.com/jaxxbeanbags
https://www.avanacomfort.com
https://twitter.com/AvanaComfort
Sites below my not be suitable for work or children.
https://www.liberator.com
https://twitter.com/liberator
$LUVU Hey, stockmarketrater, good to see ya. This one is sexy under the hood literally and fundamentally.
on twitter Aug 2,..
New @Liberator display to showcase how BIG our love for them is! 😙 pic.twitter.com/WEZ6UgEQPg
— HUSH Canada (@hushcanada) August 2, 2017
$LUVU This thing could move quick Thinnnnnnnnnn..........
Luvu Brands
https://www.otcmarkets.com/stock/LUVU/profile
From Q3
Net sales for the nine months ended March 31, 2017 increased to a record $13,265,000
Net cash provided by operating activities was approximately $292,000 in the nine months ended March 31, 2017
We realized a net profit of approximately $334,000 for the nine months ended March 31, 2017 and incurred a net loss of approximately $312,000 for the year ended June 30, 2016.
As of May 12, 2017 there were 73,452,596 shares of the registrant’s common stock outstanding.
https://www.otcmarkets.com/stock/LUVU/news/Luvu-Brands-Announces-Fiscal-2017-Third-Quarter-Results?id=159087&b=y
Full SEC Filing
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12067081
April 26,2017
$LUVU Brands...2017 Current Investors Handout....
https://www.sec.gov/Archives/edgar/data/1374567/000101738617000066/exhibit_99-1.pdf
WEBSITES
http://www.luvubrands.com/internet-and-retail-distribution/
https://twitter.com/luvu_brands
https://www.jaxxbeanbags.com
https://twitter.com/jaxxbeanbags
https://www.avanacomfort.com
https://twitter.com/AvanaComfort
Sites below my not be suitable for work or children.
https://www.liberator.com
https://twitter.com/liberator
Bought small @8.78 $OCLR not trying to find a bottom here, would add lower.
https://seekingalpha.com/symbol/OCLR/key-data
$STCC Sterling Seals 0.045..41m O/S - 5.7m float
Q1 $1.783m revs - $88k net profit.
(Float confirmed in the 6/20/17 interview below)
decent balance sheet positive equity $858k.
https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=12070116
Q2 Earnings due mid Aug
Sterling Consolidated Corporation
https://www.otcmarkets.com/stock/STCC/profile
https://finance.yahoo.com/quote/STCC/key-statistics?p=STCC
6/20/17
President interview
Angelo Derosa gives some positive color going forward
https://upticknewswire.com/featured-interview-ceo-angelo-derosa-of-sterling-consolidated-corp-otcpink-stcc/
6/21/17
Sterling Consolidated Corp's Subsidiary Signs Huge in a Partnership with Amazon
http://www.kulr8.com/story/35718430/sterling-consolidated-corps-subsidiary-signs-huge-in-a-partnership-with-amazon
Sterling Seal & Supply, Inc.
About us
Company History
We are incorporated in the State of Nevada as a subsidiary of the Sterling Consolidated Corporation.
As the largest subsidiary, Sterling Seal & Supply, Inc. ("Sterling Seal"), a New Jersey corporation was incorporated in 1997. Its predecessor was Sterling Plastic & Rubber Products, Inc., and was founded in 1970. Sterling Seal engages primarily in the distribution and sale of O-rings, rubber seals, oil seals, custom molded rubber parts, custom Teflon parts, Teflon rods, O-ring cord, bonded seals, O-ring kits, and stuffing box sealant.
O-rings are one of the simplest, yet most engineered, precise, and useful seal designs. They are one of the most common and important elements of machine design. O-rings and the other products that Sterling Seal sells are used in a wide variety of industries, including automotive, pump, transmissions, oil and energy, machinery, and packaging. These products are utilized primarily as seals to prevent leakage of liquids or air. Most of the products carried by Sterling Seal are made of rubber, but some are coated and the rubber compound can change upon customer request.
Sterling Seal offers a catalogue of standard sizes, and will take orders for special sizes not available in the standard catalogue. In order to satisfy the needs of our customers and stay competitive, Sterling Seal always maintains a wide variety of products in substantial quantities at its main warehouse in Neptune, New Jersey, as well as its other facilities in the Florida, Massachusetts, North Carolina and Pennsylvania
Mission Statement
Sterling Seal's mission is to provide cost effective, quality seals to the distributors serving the automotive, industrial, aerospace, military, and the pool industries. Our regional warehouses and large inventories allow the end users to limit work in process and inventory which reduces operating costs...http://www.sterlingseal.com/aboutus
http://www.sterlingseal.com
$STCC Sterling Seals 0.045..41m O/S - 5.7m float
Q1 $1.783m revs - $88k net profit.
(Float confirmed in the 6/20/17 interview below)
decent balance sheet positive equity $858k.
https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=12070116
Q2 Earnings due mid Aug
Sterling Consolidated Corporation
https://www.otcmarkets.com/stock/STCC/profile
https://finance.yahoo.com/quote/STCC/key-statistics?p=STCC
6/20/17
President interview
Angelo Derosa gives some positive color going forward
https://upticknewswire.com/featured-interview-ceo-angelo-derosa-of-sterling-consolidated-corp-otcpink-stcc/
6/21/17
Sterling Consolidated Corp's Subsidiary Signs Huge in a Partnership with Amazon
http://www.kulr8.com/story/35718430/sterling-consolidated-corps-subsidiary-signs-huge-in-a-partnership-with-amazon
Sterling Seal & Supply, Inc.
About us
Company History
We are incorporated in the State of Nevada as a subsidiary of the Sterling Consolidated Corporation.
As the largest subsidiary, Sterling Seal & Supply, Inc. ("Sterling Seal"), a New Jersey corporation was incorporated in 1997. Its predecessor was Sterling Plastic & Rubber Products, Inc., and was founded in 1970. Sterling Seal engages primarily in the distribution and sale of O-rings, rubber seals, oil seals, custom molded rubber parts, custom Teflon parts, Teflon rods, O-ring cord, bonded seals, O-ring kits, and stuffing box sealant.
O-rings are one of the simplest, yet most engineered, precise, and useful seal designs. They are one of the most common and important elements of machine design. O-rings and the other products that Sterling Seal sells are used in a wide variety of industries, including automotive, pump, transmissions, oil and energy, machinery, and packaging. These products are utilized primarily as seals to prevent leakage of liquids or air. Most of the products carried by Sterling Seal are made of rubber, but some are coated and the rubber compound can change upon customer request.
Sterling Seal offers a catalogue of standard sizes, and will take orders for special sizes not available in the standard catalogue. In order to satisfy the needs of our customers and stay competitive, Sterling Seal always maintains a wide variety of products in substantial quantities at its main warehouse in Neptune, New Jersey, as well as its other facilities in the Florida, Massachusetts, North Carolina and Pennsylvania
Mission Statement
Sterling Seal's mission is to provide cost effective, quality seals to the distributors serving the automotive, industrial, aerospace, military, and the pool industries. Our regional warehouses and large inventories allow the end users to limit work in process and inventory which reduces operating costs...http://www.sterlingseal.com/aboutus
http://www.sterlingseal.com
$SMDM 0.56..New Distribution Partnership with Best Buy U.S. and Canada Stores
https://www.otcmarkets.com/stock/SMDM/news/Singing-Machine-Announces-New-Distribution-Partnership-with-Best-Buy-U-S--and-Canada-Stores?id=165992&b=y
Singing Machine Company, Inc.
https://seekingalpha.com/symbol/SMDM/key-data
$SMDM 0.56..New Distribution Partnership with Best Buy U.S. and Canada Stores
https://www.otcmarkets.com/stock/SMDM/news/Singing-Machine-Announces-New-Distribution-Partnership-with-Best-Buy-U-S--and-Canada-Stores?id=165992&b=y
Singing Machine Company, Inc.
https://seekingalpha.com/symbol/SMDM/key-data
$GRWG..GROWGENERATION..Revenue $4.1m +116% Same-store sales +54%..#MJ
DENVER, Aug. 02, 2017 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (OTCQB:GRWG), (“GrowGen” or the “Company”) one of the largest specialty retail hydroponic and organic gardening stores, selling to both the commercial and home cannabis markets, with currently 13 locations, today reported financial results for its 2nd quarter ended June 30, 2017.
2nd Quarter 2017 Financial Highlights:
Revenue of $4.1 million, up 116% compared to revenue of $1.9 million for the 2nd quarter of 2016
Same-store sales increased 54% from $1.7 million for the 2nd quarter of 2016 to $2.6 million for the 2nd quarter of 2017
Adjusted EBITDA for the quarter ended June 30, 2017 totaled $7,167 compared to adjusted EBITDA of $(33,447) for the quarter ended June 30, 2016
Net loss of $340,375, inclusive of $344,932 in non-cash depreciation and share-based compensation expense, compared to a net loss of $143,681 in the 2nd quarter of 2016, inclusive of $109,121 in non-cash depreciation and share-based compensation expense.
The Company had $2.2 million in cash as of June 30, 2017...
More..
https://www.otcmarkets.com/stock/GRWG/news/GrowGeneration-Reports-Record-2nd-Quarter-Revenue?id=166163&b=y
$GRWG..GROWGENERATION..Revenue $4.1m +116% Same-store sales +54%..#MJ
DENVER, Aug. 02, 2017 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (OTCQB:GRWG), (“GrowGen” or the “Company”) one of the largest specialty retail hydroponic and organic gardening stores, selling to both the commercial and home cannabis markets, with currently 13 locations, today reported financial results for its 2nd quarter ended June 30, 2017.
2nd Quarter 2017 Financial Highlights:
Revenue of $4.1 million, up 116% compared to revenue of $1.9 million for the 2nd quarter of 2016
Same-store sales increased 54% from $1.7 million for the 2nd quarter of 2016 to $2.6 million for the 2nd quarter of 2017
Adjusted EBITDA for the quarter ended June 30, 2017 totaled $7,167 compared to adjusted EBITDA of $(33,447) for the quarter ended June 30, 2016
Net loss of $340,375, inclusive of $344,932 in non-cash depreciation and share-based compensation expense, compared to a net loss of $143,681 in the 2nd quarter of 2016, inclusive of $109,121 in non-cash depreciation and share-based compensation expense.
The Company had $2.2 million in cash as of June 30, 2017...
More..
https://www.otcmarkets.com/stock/GRWG/news/GrowGeneration-Reports-Record-2nd-Quarter-Revenue?id=166163&b=y
DOW CLOSE 22,015.460
$GRWG GrowGeneration Reports Record 2nd Quarter Revenue..2017...
DENVER, Aug. 02, 2017 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (OTCQB:GRWG), (“GrowGen” or the “Company”) one of the largest specialty retail hydroponic and organic gardening stores, selling to both the commercial and home cannabis markets, with currently 13 locations, today reported financial results for its 2nd quarter ended June 30, 2017.
2nd Quarter 2017 Financial Highlights:
Revenue of $4.1 million, up 116% compared to revenue of $1.9 million for the 2nd quarter of 2016
Same-store sales increased 54% from $1.7 million for the 2nd quarter of 2016 to $2.6 million for the 2nd quarter of 2017
Adjusted EBITDA for the quarter ended June 30, 2017 totaled $7,167 compared to adjusted EBITDA of $(33,447) for the quarter ended June 30, 2016
Net loss of $340,375, inclusive of $344,932 in non-cash depreciation and share-based compensation expense, compared to a net loss of $143,681 in the 2nd quarter of 2016, inclusive of $109,121 in non-cash depreciation and share-based compensation expense.
The Company had $2.2 million in cash as of June 30, 2017
Darren Lampert, Co-Founder and CEO, said, “This was a record quarter of sales for GrowGeneration, clearly demonstrating the demand for our products and the scalability of our business as we continue our expansion plans. The 2nd quarter was the sixth consecutive quarter of sequential revenue growth. Our company has reached a financial goal of break-even at this level of revenue.”
“We have successfully opened and assimilated into our portfolio, our Denver South, Las Vegas and Trinidad stores, as well as the newly acquired stores in Seattle and Sonoma. All of these operations are performing well. We are aggressively expanding our business, with a focus in California, Nevada, Michigan, Rhode Island, Massachusetts, Maine, Oregon and the state of Washington,” added Mr. Lampert. We continue to forecast revenue for 2017 to be approximately $15 million.”
2nd Quarter 2017 Financial Results:
Revenues for the quarter ended June 30, 2017 increased 116% to $4.1 million, compared to $1.9 million for the quarter ended June 30, 2016.
Same Store Sales:
For the period ended June 30, 2017, the Company had a total of seven stores opened more than one year, generating net revenue of approximately $2.6 million, compared to approximately $1.7 million for the same seven stores for the period ended June 30, 2016, an increase of approximately $904,000 or 54%. The five stores opened less than one year generated approximately $2.2 million for the quarter ended June 30, 2017. Sales from the recently opened San Bernardino store will start being reflected in the Company’s financial results in the third quarter.
Cost of sales for the period ended June 30, 2017 increased $1.6 million to $2.96 million as compared to $1.34 million for the period ended June 30, 2016. The increase was due to the 116% increase in sales. Gross profit was $1.15 million for the period ended June 30, 2017, resulting in a 28% gross margin, compared to $570,000, or a 30% gross margin, for the period ended June 30, 2016. The margin decrease was due to an increase in the number of commercial accounts, which are generally higher revenue, lower margin accounts. As the Company continues to scale, inventory and operating efficiencies are expected to begin to be recognized in higher margins and operating profit, and management expects margins to trend back up to normalized levels in the 2nd half of the year.
Operating expenses include stores operations and corporate overhead. Operating expenses for the period ended June 30, 2017 increased $776,000 to $1.5 million, as compared to $712,000 for the period ended June 30, 2016. Store operating costs were $750,000 for the period ended June 30, 2017 compared to $381,000 for the period ended June 30, 2016. The increase is due to the increase in the number of stores. Store operating cost as a percentage of revenue was 18% for the period ended June 30, 2017 compared to 20% for the period ended June 30, 2016. Store operating costs are generally fixed in nature and do not rise commensurate with the increase in revenues. Corporate overhead, which includes non-cash share based compensation was $738,500 for the period ended June 30, 2017 compared to $331,200 for the period ended June 30, 2016. The increase was mainly due to an increase in non-cash share based compensation of $227,400 and increase in payroll expense of approximately $64,000 and an increase in general and administrative expenses such as advertising and promotion and travel and entertainment. Corporate overhead, exclusive of share based compensation was 10% of revenue for the period ended June 30, 2017 compared to 12% for the period ended June 30, 2016.
For the period ended June 30, 2017, the Company reported a net loss of $340,375, or ($.02) per basic and diluted share, compared with a net loss of $143,681, or ($.02) per basic and diluted share, in the period ended June 30, 2016. The increase was mainly due to a $227,400 increase in non-cash share based compensation.
Balance Sheet Summary
As of June 30, 2017, the Company had $2.2 million in cash and $7.7 million in total current assets compared with $606,000 and $3.6 million, respectively, as of December 31, 2017. Current liabilities were $1.8 million at June 30, 2017, compared to $$843,000 at December 31, 2017. The Company ended the June 30, 2017 period with a working capital surplus of $5.9 million compared to $2.76 million for the period ended December 31, 2017. The Company raised $3.8 million in equity capital during the period ended June 30, 2017 through the issuance of common stock and the exercise of warrants.
Adjusted EBITDA for the quarter ended June 30, 2017 totaled $7,167 compared to adjusted EBITDA of $(33,447) for the quarter ended June 30, 2016 (see definition and further discussion about the presentation of a EBITDA, a non-GAAP term, below).
Use of Non-GAAP Financial Information
The Company believes that the presentation of results excluding certain items in "Adjusted EBITDA," such as non-cash equity compensation charges, provides meaningful supplemental information to both management and investors, facilitating the evaluation of performance across reporting periods. The Company uses these non-GAAP measures for internal planning and reporting purposes. These non-GAAP measures are not in accordance with, or an alternative for, generally accepted accounting principles and may be different from non-GAAP measures used by other companies. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income or net income per share prepared in accordance with generally accepted accounting principles.
https://www.otcmarkets.com/stock/GRWG/news/GrowGeneration-Reports-Record-2nd-Quarter-Revenue?id=166163&b=y
Complete 10Q filing
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12203918
GrowGeneration Profile
https://www.otcmarkets.com/stock/GRWG/profile
$GRWG GrowGeneration Reports Record 2nd Quarter Revenue..2017...
DENVER, Aug. 02, 2017 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (OTCQB:GRWG), (“GrowGen” or the “Company”) one of the largest specialty retail hydroponic and organic gardening stores, selling to both the commercial and home cannabis markets, with currently 13 locations, today reported financial results for its 2nd quarter ended June 30, 2017.
2nd Quarter 2017 Financial Highlights:
Revenue of $4.1 million, up 116% compared to revenue of $1.9 million for the 2nd quarter of 2016
Same-store sales increased 54% from $1.7 million for the 2nd quarter of 2016 to $2.6 million for the 2nd quarter of 2017
Adjusted EBITDA for the quarter ended June 30, 2017 totaled $7,167 compared to adjusted EBITDA of $(33,447) for the quarter ended June 30, 2016
Net loss of $340,375, inclusive of $344,932 in non-cash depreciation and share-based compensation expense, compared to a net loss of $143,681 in the 2nd quarter of 2016, inclusive of $109,121 in non-cash depreciation and share-based compensation expense.
The Company had $2.2 million in cash as of June 30, 2017
Darren Lampert, Co-Founder and CEO, said, “This was a record quarter of sales for GrowGeneration, clearly demonstrating the demand for our products and the scalability of our business as we continue our expansion plans. The 2nd quarter was the sixth consecutive quarter of sequential revenue growth. Our company has reached a financial goal of break-even at this level of revenue.”
“We have successfully opened and assimilated into our portfolio, our Denver South, Las Vegas and Trinidad stores, as well as the newly acquired stores in Seattle and Sonoma. All of these operations are performing well. We are aggressively expanding our business, with a focus in California, Nevada, Michigan, Rhode Island, Massachusetts, Maine, Oregon and the state of Washington,” added Mr. Lampert. We continue to forecast revenue for 2017 to be approximately $15 million.”
2nd Quarter 2017 Financial Results:
Revenues for the quarter ended June 30, 2017 increased 116% to $4.1 million, compared to $1.9 million for the quarter ended June 30, 2016.
Same Store Sales:
For the period ended June 30, 2017, the Company had a total of seven stores opened more than one year, generating net revenue of approximately $2.6 million, compared to approximately $1.7 million for the same seven stores for the period ended June 30, 2016, an increase of approximately $904,000 or 54%. The five stores opened less than one year generated approximately $2.2 million for the quarter ended June 30, 2017. Sales from the recently opened San Bernardino store will start being reflected in the Company’s financial results in the third quarter.
Cost of sales for the period ended June 30, 2017 increased $1.6 million to $2.96 million as compared to $1.34 million for the period ended June 30, 2016. The increase was due to the 116% increase in sales. Gross profit was $1.15 million for the period ended June 30, 2017, resulting in a 28% gross margin, compared to $570,000, or a 30% gross margin, for the period ended June 30, 2016. The margin decrease was due to an increase in the number of commercial accounts, which are generally higher revenue, lower margin accounts. As the Company continues to scale, inventory and operating efficiencies are expected to begin to be recognized in higher margins and operating profit, and management expects margins to trend back up to normalized levels in the 2nd half of the year.
Operating expenses include stores operations and corporate overhead. Operating expenses for the period ended June 30, 2017 increased $776,000 to $1.5 million, as compared to $712,000 for the period ended June 30, 2016. Store operating costs were $750,000 for the period ended June 30, 2017 compared to $381,000 for the period ended June 30, 2016. The increase is due to the increase in the number of stores. Store operating cost as a percentage of revenue was 18% for the period ended June 30, 2017 compared to 20% for the period ended June 30, 2016. Store operating costs are generally fixed in nature and do not rise commensurate with the increase in revenues. Corporate overhead, which includes non-cash share based compensation was $738,500 for the period ended June 30, 2017 compared to $331,200 for the period ended June 30, 2016. The increase was mainly due to an increase in non-cash share based compensation of $227,400 and increase in payroll expense of approximately $64,000 and an increase in general and administrative expenses such as advertising and promotion and travel and entertainment. Corporate overhead, exclusive of share based compensation was 10% of revenue for the period ended June 30, 2017 compared to 12% for the period ended June 30, 2016.
For the period ended June 30, 2017, the Company reported a net loss of $340,375, or ($.02) per basic and diluted share, compared with a net loss of $143,681, or ($.02) per basic and diluted share, in the period ended June 30, 2016. The increase was mainly due to a $227,400 increase in non-cash share based compensation.
Balance Sheet Summary
As of June 30, 2017, the Company had $2.2 million in cash and $7.7 million in total current assets compared with $606,000 and $3.6 million, respectively, as of December 31, 2017. Current liabilities were $1.8 million at June 30, 2017, compared to $$843,000 at December 31, 2017. The Company ended the June 30, 2017 period with a working capital surplus of $5.9 million compared to $2.76 million for the period ended December 31, 2017. The Company raised $3.8 million in equity capital during the period ended June 30, 2017 through the issuance of common stock and the exercise of warrants.
Adjusted EBITDA for the quarter ended June 30, 2017 totaled $7,167 compared to adjusted EBITDA of $(33,447) for the quarter ended June 30, 2016 (see definition and further discussion about the presentation of a EBITDA, a non-GAAP term, below).
Use of Non-GAAP Financial Information
The Company believes that the presentation of results excluding certain items in "Adjusted EBITDA," such as non-cash equity compensation charges, provides meaningful supplemental information to both management and investors, facilitating the evaluation of performance across reporting periods. The Company uses these non-GAAP measures for internal planning and reporting purposes. These non-GAAP measures are not in accordance with, or an alternative for, generally accepted accounting principles and may be different from non-GAAP measures used by other companies. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income or net income per share prepared in accordance with generally accepted accounting principles.
https://www.otcmarkets.com/stock/GRWG/news/GrowGeneration-Reports-Record-2nd-Quarter-Revenue?id=166163&b=y
Agreed..wait on the PR for comments..https://www.otcmarkets.com/stock/GRWG/news
$GRWG Earning 10Q..2.00 +0.190 (+10.50%)... #MJ
http://ih.advfn.com/p.php?pid=nmona&article=75364214
$GRWG Earning 10Q..2.00 +0.190 (+10.50%)...
http://ih.advfn.com/p.php?pid=nmona&article=75364214
$BOOT 9.70 kicking butt, I let someone have a few this morn
I let someone have a few @9.65.. GO $BOOT
$BOOT hit the $9 target 9.465 +1.645 (+21.04%)
Boot Barn Holdings, Inc. $BOOT today announced its financial results for the first fiscal quarter ended July 1, 2017.
Highlights for the quarter ended July 1, 2017, were as follows:
Net sales increased 4.5% to $139.4 million.
Same store sales increased 1.3%.
Net income was $0.8 million, or $0.03 per diluted share, compared to net income of $0.6 million, or $0.02 per diluted share in the prior-year period.
The Company opened one new store....
http://investor.bootbarn.com/investor-relations/investor-news/news-details/2017/Boot-Barn-Holdings-Inc-Announces-First-Quarter-Fiscal-Year-2018-Financial-Results/default.aspx
Boot Barn Holdings beats by $0.03, reports revs in-line; guides Q2 EPS in-line; reaffirms FY18 EPS guidance; Q1 comps 1.3%Font size: A | A | A
4:20 PM ET 8/1/17 | Briefing.com
Reports Q1 (Jun) earnings of $0.03 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus of ($0.00); revenues rose 4.5% year/year to $139.4 mln vs the $139 mln Capital IQ Consensus. Co reported Q1 comps of +1.3%. Gross profit was $41.4 million, or 29.7% of net sales, compared to $40.8 million, or 30.5% of net sales in the prior-year period. Co issues in-line guidance for Q2, sees EPS of $0.00-0.02, excluding non-recurring items, vs. $0.02 Capital IQ Consensus Estimate. Same store sales to be roughly in line with first quarter sales. Co reaffirms guidance for FY18, sees EPS of $0.52-0.57, excluding non-recurring items, vs. $0.56 Capital IQ Consensus Estimate. Co sees FY18 flat to slightly positive same store sales growth.
Boot Barn Holdings, Inc. $BOOT today announced its financial results for the first fiscal quarter ended July 1, 2017.
Highlights for the quarter ended July 1, 2017, were as follows:
Net sales increased 4.5% to $139.4 million.
Same store sales increased 1.3%.
Net income was $0.8 million, or $0.03 per diluted share, compared to net income of $0.6 million, or $0.02 per diluted share in the prior-year period.
The Company opened one new store....
http://investor.bootbarn.com/investor-relations/investor-news/news-details/2017/Boot-Barn-Holdings-Inc-Announces-First-Quarter-Fiscal-Year-2018-Financial-Results/default.aspx
Boot Barn Holdings beats by $0.03, reports revs in-line; guides Q2 EPS in-line; reaffirms FY18 EPS guidance; Q1 comps 1.3%Font size: A | A | A
4:20 PM ET 8/1/17 | Briefing.com
Reports Q1 (Jun) earnings of $0.03 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus of ($0.00); revenues rose 4.5% year/year to $139.4 mln vs the $139 mln Capital IQ Consensus. Co reported Q1 comps of +1.3%. Gross profit was $41.4 million, or 29.7% of net sales, compared to $40.8 million, or 30.5% of net sales in the prior-year period. Co issues in-line guidance for Q2, sees EPS of $0.00-0.02, excluding non-recurring items, vs. $0.02 Capital IQ Consensus Estimate. Same store sales to be roughly in line with first quarter sales. Co reaffirms guidance for FY18, sees EPS of $0.52-0.57, excluding non-recurring items, vs. $0.56 Capital IQ Consensus Estimate. Co sees FY18 flat to slightly positive same store sales growth.
Boot Barn Holdings, Inc. (NYSE:BOOT) today announced its financial results for the first fiscal quarter ended July 1, 2017.
Highlights for the quarter ended July 1, 2017, were as follows:
Net sales increased 4.5% to $139.4 million.
Same store sales increased 1.3%.
Net income was $0.8 million, or $0.03 per diluted share, compared to net income of $0.6 million, or $0.02 per diluted share in the prior-year period.
The Company opened one new store...
http://investor.bootbarn.com/investor-relations/investor-news/news-details/2017/Boot-Barn-Holdings-Inc-Announces-First-Quarter-Fiscal-Year-2018-Financial-Results/default.aspx