RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:awful is the word The frustration is having 3 straight quarters below low end estimates of top line revenue. Although this q was a tiny miss. 9.75 vs 10.
Even if you add back the future potential price adjustments you had 10.5mil. Still weak sales given the March bump.
They get a pass bc of all the restructuring in the quarter and the effective cost reductions. As well - they have a new sales strategy to get products in every store - with new price points - which we haven't seen the effects of.
(get them at the right point of the demand supply curve, great products, brands, and educational push too)
On top of it all - they have a whole host of new products which should increase their average selling price in q4.
But I need to see it to believe it.
So far I believe the first projection for q4 has them at 17.79 mil.
Which should make us cash flow
positive.