SUMR Brands Reports Third Quarter Results
Summer Infant, Inc. (SUMR)
Last summer infant, inc. earnings: 5/7 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.summerinfant.com/home/default.aspx
Company Research
Source: GlobeNewswire
WOONSOCKET, R.I., Nov. 12, 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 third quarter ended September 28, 2019. Recent Highlights Net sales were $41.5 million in the third quarter versus $43.8 million in the prior-year period, with the decline primarily due to the impact from tariffs in 2019Debt and inventory both decreased sequentially from second quarter levels, reflecting ongoing working capital improvement; inventory turns were 3.8, and days sales outstanding (DSOs) were 64, at quarter endThe Company’s lenders continued to support SUMR Brands by amending its credit facility and term loan to facilitate additional financial liquiditySUMR Brands remains on track to launch its innovative travel system and infant car seat early next yearThe Company recently engaged an outside financial advisory firm – Baird – to assess strategic options that un
Show less
Read more
Impact Snapshot
Event Time:
SUMR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SUMR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SUMR alerts
High impacting Summer Infant, Inc. news events
Weekly update
A roundup of the hottest topics