New 52 week highs for FTLF. Now at $14 per share trading at c. 7 times earnings.
The prospects for continued growth look pretty solid, in summary:
Offline:
- Product launch in Walmart in Oct '19
- Rebranding of NDS brand this quarter, and Sirenlabs in 2020, the rebranding of PMD in YTD19 had a positive impact on sales
Online:
- YTD19 the Company launched 1 online exclusive product
- Q4 '19 the Company added 2 online exclusive products with more to come in 2020
- In November, a new E-commerce manager was hired to support further online sales growth
Recently the company bought back a significant amount of shares at c. $12.50 per share.
The repurchases, combined with the above, still makes me believe that there is significant upside.
