InvestorsHub Logo
Followers 7
Posts 1577
Boards Moderated 0
Alias Born 02/27/2014

Re: TheExpertHimself post# 73366

Thursday, 03/12/2015 11:38:19 AM

Thursday, March 12, 2015 11:38:19 AM

Post# of 80868
I pray for a weaker US dollar....the weakening of the Euro, Canadian dollar, the Russian ruble and Brazilian real over the last 12 months costs Musclepharm millions of dollars a year....if it indeed gets 30% from international sales.

Inflation is high in Brazil and like 2% in Canada....so, that offsets part of the US dollar strengthening....but in Russia and Europe ex. UK and Switzerland, holy cow!

There is some price elasticity for these kind of products and bodybuilders abroad may be willing to pay a little more.....but there will be a limit...