GREY:YOURF - Post by User
Comment by
nozzpackon Nov 29, 2021 6:11pm
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Post# 34177781
RE:Q3 NR Expected Soon - Load up now...
RE:Q3 NR Expected Soon - Load up now...These are very good, with gross margins continuing to improve .
Forecast revenues were very close to being met, reflecting the early inventory buying of the Adult recreatiinal market in Arizona and the seasonally weak Q3.
I had thought that maybe with the combined shrinkage drivers, gross margins would be thinner.
But, the opposite was true, a strong follow on from the earlier drive towards cost compression which I am sure will continue to bolster gross margins for Q4.
Strong balance sheet, and a new BOD focussed on growth, higher margins and superb use of world class promotional tag team who know how to brand and options at $0,40, define in the clearest terms where our share price I headed.