InvestorsHub Logo
Post# of 122024
Next 10
Followers 39
Posts 5491
Boards Moderated 0
Alias Born 07/30/2013

Re: Steff07 post# 110238

Tuesday, 05/21/2019 2:14:43 AM

Tuesday, May 21, 2019 2:14:43 AM

Post# of 122024
Because it is seasonal.

Like he said, it's farming.

If a crop is grown for a spring or early summer harvest, then sales tend to be first half of the year. Conversely, if the crop is harvested in the summer or fall (like most) then sales tend to be later in the year.

Think of it another way, the Super Bowl. Sales tend to spike during one period of the year, then sharply decrease before ramping up through another "cycle".

Farming is seasonal, therefore "cyclical".

Sales increase over same 3-month trialing period year over year is a GOOD sign of growth.

Everyone has been waiting to see the consecutive quarterly growth, and it is starting to show.