InvestorsHub Logo
Post# of 48490
Next 10
Followers 883
Posts 304355
Boards Moderated 5
Alias Born 06/09/2006

Re: None

Wednesday, 11/30/2022 12:01:12 PM

Wednesday, November 30, 2022 12:01:12 PM

Post# of 48490
$PVSP Q3 2022 versus Q3 2021

The key to a meaningful comparison of end of period August ’22 to August ’21 is to recognize that August ’21 was at the height of Pandemic exuberance, recording the highest monthly sales across the entire industry. A key comparison to better understand the challenge and how the company’s brands have been gaining market share is to look at weight sold in grams and compare resulting revenue. It shows a 42% increase in product sales but a 6% decrease in comparable revenue. The company has answered price pressures with a multi-faceted strategy which allows for share capture while introducing higher margin brands and product lines.

Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.