RE:JTR will make good profit next Q( July to Sep) Also note, to sell Kiju was a smart move, because amongst their brands, it was the less peforming and profitable, and specially, the most seasonable product (it really sells only during the 2-3 months of summer). The other procuts doesn't have such a seasonaility I think.
It wasn't in no way surprise either - it was expected and necessary, and it will help the bottom line. Debt is manageable. Contrary to what others said, sales have been increasing, and there is still expansion in the US for succesful products from Canada, and vice-versa.
This Q will be the turnaround, back to EBTIDA positive etc. I'm buying more.