Another ViewMy pleasure Davesnothere. GLTA
EPS of 35c beat estimates of 31c; Revenue of $151M beat estimates by 3%. EBITDA of $31.8M beat by 6%. A buyback was announced. Sales guidance was raised, which was impressive after a 15% increase already in Jamieson Brands. Total revenue rose 9.1%. Margins expanded 1.2 points. We have been cautious most of this year, as earlier results were disappointing. Shares are still down 26% YTD and leverage is still fairly high (7X cash flow). But It was a good quarter and forecast, although we think we would still wait to see how tax-loss selling goes here. (5iResearch)