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Re: greasemonkeyshoes post# 18370

Wednesday, 08/15/2018 12:34:54 PM

Wednesday, August 15, 2018 12:34:54 PM

Post# of 19254
I'm not disputing most of your analysis or your questions below. Very valid. I'm just confused about the revenues. Press release says IGourmet grew 23% from 2Q2017 to 2Q2018. So I have it a little differently on revenues.

I have core at $10.5M to $10.2M (down 3%) with case growth offset by lower revenue products and US Food growth flat. Matter of fact non-US Foods was down 12%. I then have IGourmet going from $1.45M in 2Q2017 to almost $1.8M in 2Q2018.

This doesn't change any of the rest of your analysis or your very valid questions, I'm just trying to make sure I understand what is going on with revenues. Core business is definitely the question here.
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