Q1 earnings on Thursday morning. Should be another great comp based on the preliminary numbers provided in the Q4 earnings PR (below). Hopefully the stock will get a bump.
Preliminary Net Sales for the First Quarter of Fiscal 2021, ended September 30, 2020
Due to our diversity of brands, preliminary internal unaudited net sales for the first quarter of fiscal 2021 were over 30% higher than the first quarter of fiscal 2020. Preliminary first quarter unaudited net sales were approximately $5.3 million compared to $4.1 million in the first quarter of fiscal 2020.
Louis Friedman, Chairman and Chief Executive Officer, commented, "I'm pleased with the preliminary sales increase during our first quarter of fiscal 2021, despite sales of medical PPE being less than 1% of the total sales for the quarter. Our lines of consumer brands continue to attract new customers and, as a result, I expect to see continued strong demand across our three major consumer brands as we approach the holiday season."
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