InvestorsHub Logo
Followers 75
Posts 10011
Boards Moderated 2
Alias Born 02/09/2011

Re: ErnieBilco post# 456

Thursday, 07/23/2015 2:19:59 PM

Thursday, July 23, 2015 2:19:59 PM

Post# of 526
They blame it on closure/sale of some of their company owned stores...LOL. Well, let's see what the next Q looks like...that will include late Spring/early Summer revs. Maybe we see more revs? Might be a good time to buy in a couple months IMO...wait and see.

For the three months ended May 31, 2015, company-owned U-Swirl cafés generated $1,030,957 in sales, net of discounts, as compared to sales of $1,478,188 for the comparable period in 2014, a decrease of 30%. The decrease is due primarily to the closure or sale of certain locations in the prior fiscal year. There were 9 company-owned cafés for the three months ended May 31, 2015, as compared to 13 for the three months ended May 31, 2014.