InvestorsHub Logo
icon url

skybott

10/20/11 10:25 PM

#176130 RE: lbdave #176129

Probably the most popular Do It Best store in my area is a chain called Value Home Centers. I believe according to the manager of one of the stores, there are 41 total in the Buffalo/Syracuse/Erie Pennsylvania area. These stores have always been excellent alternatives to Lowes and Home Depot and are always very busy as it seems they have the most popular items that people go to Lowes and HD for. I know that the big 2 in the area keep an eye on what they are doing as you often see competing ads for merchandise in the paper. I can imagine when 1000+ becomes well known in these types of stores, Lowes and HD is gonna have to fully step up or they WILL lose business.
icon url

gw323

10/20/11 10:51 PM

#176138 RE: lbdave #176129

And to add to the very astute point you have just made, with that rationale in mind I wonder if the 9 bottles per store was based on the belief of one product placement per store.

If not, then your theory about multiple placements could drastically increase the sales volume per store and blow those numbers out of the water.

I know, I speak very highly of the Company but you prove my point exactly, that the Company has executed their plan very well. It is obvious that they are going to get to the 5000 store goal, and they will inevitably blow past that.

Total current distribution Potential: Approximate store totals

Do-It-Best - 4000
Walmart Canada - 329+
Walmart Worldwide - 9000+
Home Depot Worldwide - 3000+
Lowes Worldwide - 1800+
Sam's Club Worldwide - 602+
Duane Reade - 250 +

With the potential to have this much exposure and the ability to have product placement in more than one area of the store, WNBD could except to surpass 9 bottles per store. If WNBD got into just half of the locations above they wold be looking at $5million + a year in revenues at their 9 bottle per store goal. That would equate to roughly $1.5+ million in net profits. If as you say the product is placed in multiple locations revenues could grow by double with under 20 bottles sold per store. Now WNBD already has their foot in the doors of these companies, so image when they sign newer contracts with other domestic and International chains, as they recently have. Now add a GSA contract or two and one sees why I am very High on WNBD. Obviously the only down side right now is the SS and its future. WNBD is a winner no doubt, just don't know if the current crop of shareholders will be at these levels. Time will tell.

GLTA

GW323