OK.. my calculation was incorrect... Just notice Kroger at $2.99 not $3.99.. and retail not what we'd sell it for...
So let's try this again....
Guidance says we make $200-$300K net income in this 3rd Q.
$4.9 mil in revs with this product 2Q. So assume markup is 20%; $5.8 mil retail/$2.99 = 1.96 mil units... Making our selling price around $2.49/package.
So we need $600K...this $600k/1.96 mil = $.31 increase...
So thus makes about a 10% increase needed...
See Kroger price at $3.29/pack... then buy this stock!
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