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greasemonkeyshoes

05/07/20 4:07 PM

#18995 RE: spencegp #18994

just a wild guess........
how bad would it be? Based on the size of the layoff,33% workers axed by Sysco,my topline drop estimate for 2q is -30%,3q -20%,and 4q -15%.
so what:
1q eps=negative(for ivfh in 2020)
2q eps=negative
3q eps=negative
4q eps=negative
all excluded PPP payment of $1.6 million.
and
4q 2019,income loss=-$100k is my guess.

When this is said and done,will ivfh come out as a stronger or weaker player in 2021(post pandemic world)??