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TVR

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Alias Born 05/15/2018

TVR

Re: None

Tuesday, 05/15/2018 9:49:49 AM

Tuesday, May 15, 2018 9:49:49 AM

Post# of 83457
Great Quarterly Report - Profitable + Self Funding/BUT Disappointing Sales Growth. I think many were expecting to see quarterly sales come in quite a bit higher than $8 million. Sales growth over previous quarter was only around 10% despite number of sales outlets increasing more than 10% to nearly 1800. I presume new outlets buy an initial stock of product, which suggests sales by existing outlets at start of quarter were flat at best, not the strong per store sales growth I was expecting or that seems to be happening in some parts of market. Some stores clearly can't keep the product on the shelves.
If anybody is in a position to ask a question on the conference call or with management a good one would be why are existing outlet sales not increasing?