InvestorsHub Logo
icon url

Bud-Wiser

08/15/19 2:57 PM

#110332 RE: Backstabbed #110331

4th Quarter is August-October..You got your Quarters mixed up ....HeHe ;-)
icon url

Shinook99

08/15/19 3:00 PM

#110335 RE: Backstabbed #110331

No - they should have recognized the candy revenue from the initial shipments...when they shipped from the manufacturer to the stores. The candy was in the stores before August 1st. That means they shipped out in July -- revenue from the INITIAL blast of candy (only) should have been recognized.

he initial ice cream started to ship to the distributors in July, as well. But I will admit i don't know when they should recognize that review -- i don't know if the distributor just holds their inventory then when customers order it, it ships, so they recognize revenue.....or if they recognize revenue when the distributor (i guess) orders it from them. I don't know how the distributor relationship works for accounting.