Innovative Designs Vendor Growth [Yahoo! Finance]
INNOVATIVE DESIGNS INC (IVDN)
NASDAQ:AMEX Investor Relations:
investors.verabradley.com/investor-relations
Company Research
Source: Yahoo! Finance
Since the beginning of this fiscal year (November 1, 2023), Innovative Designs has added over 30 new accounts that have purchased its Insultex House Wrap®. This has resulted in a comp sales increase of 318% as compared to the same time period last year (November 2022 – April 2023). With 7 months remaining in FY2024, sales for the first 5 months are approaching 88% of last year's total. Randy Kimbler, a National Distributor of Insultex, commented, “The introduction of Insultex® House Wrap to several major building supply companies has been very well-received. The product is being placed in the retail locations of these organizations, as well as many local building supply companies. The R-6 insulation value provided by this very thin product has proven to be an affordable solution for builders facing economic challenges in states where energy codes require R-5 Continuous insulation for new construction.” About Innovative Designs, Inc. Innovative Designs, Inc. manufactures the Insu
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News
- Innovative Designs Vendor GrowthGlobeNewswire
IVDN
Sec Filings
- 4/30/24 - Form 10-Q
- 2/22/24 - Form 4
- IVDN's page on the SEC website