Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0.0514285714285715 0.0357142857142859 0.0280321428571428
Stock impact report

SUMR Brands Restructures Business, Sets Earnings Date

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., Feb. 14, 2020 (GLOBE NEWSWIRE) -- SUMR Brands ("SUMR Brands" or the "Company") (NASDAQ: SUMR), a global leader in premium infant and juvenile products, today announced that the Company has taken steps to further streamline operations and improve its financial outlook. The Company has begun enacting a strategic restructuring plan that it anticipates will result in annualized cost savings of approximately $7.5 million when complete. In addition to headcount savings and supplier cost concessions already implemented, the Company expects to sublease a portion of its warehousing facility in Riverside, California and vacate its UK distribution center, as well as undertake other identified initiatives. The UK closure, scheduled for the end of March, is expected to result in operating efficiencies and better customer service; international product distribution (outside North America) will, henceforth, be handled by the Company’s existing third-party facility in China. “We 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
Opt-in for SUMR alerts
Opt-in for
SUMR alerts

from News Quantified
Opt-in for
SUMR alerts

from News Quantified