SUMR Brands Reports Second Quarter Results
Last summer infant, inc earnings: 5/7 04:15 pm
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US:NASDAQ Investor Relations: investor.summerinfant.com/home/default.aspx
WOONSOCKET, R.I., Aug. 07, 2019 (GLOBE NEWSWIRE) -- SUMR Brands ("SUMR Brands" or the "Company") (NASDAQ: SUMR), a global leader in premium infant and juvenile products, today announced financial results for the second quarter ended June 29, 2019. Recent Highlights Net sales were $46.4 million in the second quarter versus $42.5 million in the first quarter of 2019 and $47.7 million in the prior-year second quarter, as growth continued across the Company’s leading channel partners and key product categories, offset by the impact from tariffs versus the 2018 second quarterG&A declined 9% year-over-year, reflecting cost-reduction initiativesDebt and inventory both declined sequentially from first quarter levels, reflecting ongoing working capital improvement; inventory turns increased to 3.9 timesSUMR’s distribution center in China became fully operational during the quarter, servicing international markets targeted for expansion “SUMR Brands continued to tak
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SUMR
News
- SUMR Brands to Hold Conference Call for Fourth Quarter Financial Results on March 17, 2021GlobeNewswire
- Summer Infant, Inc. (<a href="https://www.marketbeat.com/stocks/NASDAQ/SUMR/price-target/">NASDAQ: SUMR</a>) was upgraded by analysts at TheStreet from a "d+" rating to a "c-" rating.MarketBeat
- SUMR Brands Announces CFO Retirement and TransitionGlobeNewswire
- More
SUMR
SEC Filings
- 2/17/21 - Form 8-K
- 2/12/21 - Form SC
- 2/10/21 - Form 4
- SUMR's page on the SEC website
- More