Tuesday, May 21, 2019 8:56:42 AM
“As we stated last quarter, we are investing in our platform to support and accelerate current growth opportunities. We expanded our team, enhanced our IT infrastructure, and incurred additional costs associated with iGourmet and Mouth, which increased SG&A expenses in the first quarter. While additional investments are needed, especially as we begin to focus on the seasonally strong fourth quarter, we believe we can leverage SG&A expenses in the future as investments stabilize and revenues continue to scale. In addition, we are working to improve efficiencies across all our businesses. Also impacting overall profitability compared to 2018, was the decline in revenues from our national brand category. We are working on initiatives to turn around this high margin business over the coming quarters. Overall, I am pleased with our first quarter results and the direction we are headed to reach our goal of increasing long-term shareholder value.”
Recent IVFH News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/22/2024 07:14:05 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 04:00:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/12/2024 09:21:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 12:00:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 08:49:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 08:39:52 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 07/23/2024 08:36:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 08:31:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 08:31:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 08:31:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 08:30:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 08:30:24 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 07/23/2024 01:57:38 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 12:29:16 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/20/2024 12:09:02 AM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 07/20/2024 12:07:53 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/19/2024 09:50:05 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 07/19/2024 09:38:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/11/2024 08:05:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/11/2024 08:05:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/17/2024 09:04:42 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 09:16:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:41:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 09:10:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/02/2024 09:57:41 PM
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