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Bullboard - Stock Discussion Forum RYU Apparel Inc V.RYU.H

Alternate Symbol(s):  RYPPF

RYU Apparel Inc. is a Canada-based urban athletic apparel brand, which is engaged in the development, marketing and distribution of apparel, bags and accessories. The Company’s products are engineered for the fitness, training and performance of the multi-discipline athlete. The Company’s products are designed, developed and tested at its corporate headquarters in Vancouver, British Columbia... see more

TSXV:RYU.H - Post Discussion

RYU Apparel Inc > RYU Apparel Reports Third Quarter 2019 Results Highlighting
View:
Post by WHOAstocks on Nov 29, 2019 3:23pm

RYU Apparel Reports Third Quarter 2019 Results Highlighting

RYU Apparel Reports Third Quarter 2019 Results Highlighting Revenue and
Gross Profit Increases
 
Vancouver, BC – November 29, 2019 – RYU Apparel Inc. (TSXV: RYU) (“RYU” or the “Company”), creators of urban athletic apparel, is pleased to report its financial results for the three and nine months ended September 30, 2019. Financial Highlights for the third quarter ended September 30, 2019 The following are the major financial highlights of RYU’s operating results for the three months ended September 30, 2019, compared to the three months ended September 30, 2018: • Revenue of $1,473,136 as compared to $1,223,524, an increase of 20%. • Gross profit of $734,242 as compared to $710,545, an increase of 3%. • Operating expenses of $4,539,997 as compared to $4,877,002, a decrease of 7%. • Net loss of $3,805,755 as compared to $4,166,457, a decrease of 9%

https://investor.ryu.com/wp-content/uploads/Q3-2019-Financial-Results-PR.pdf
Comment by had2chimeIN on Nov 29, 2019 6:06pm
Yikes
Comment by Highdough on Nov 29, 2019 8:29pm
No one asked for your one word remarks, why you here still?  Anyways....not a bad quarter, still going up in revenues, looks like they finally got expenses coming down and hopefully the new ambassador and maybe a melrose place building in the future can get this moving on up.....
Comment by Riddler76 on Nov 29, 2019 8:39pm
Expenses are getting under control. Next quarter we will have a great sample size of Elisabeth Rohm's efforts as well as the Zappos.com boost to e-commerce. 
Comment by had2chimeIN on Nov 29, 2019 9:12pm
yes the expense roll back was nice to see. Hopefully Leone doesn't give himself a fat bonus again this year and REALLY shows he's trying.
Comment by WHOAstocks on Dec 04, 2019 2:05pm
i think RYU understands how important success is at this time. Stock is down a lot but the brand is solid and has potential to grow. “The Company has taken significant steps in 2019 to reduce overall expense overheads and cash requirements that will be further apparent in the fourth quarter of 2019 and for all of 2020. We are committed to finishing 2019 with great strength and are looking forward ...more  
Comment by had2chimeIN on Nov 29, 2019 9:11pm
oh princess relax. I didn't ask for yours either. I've explained my positions several time. Don't like it then just ignore me. Revenues increased much less than what their expansion cost. It's dollars and cents my man. YIIIIIIIIIIIKES!
Comment by mba123ccu on Nov 30, 2019 9:30am
Not impressive but definitely improvements and steps in the right ditection. Revenue is up, gross profit is up and expenses and net loss are down -- good indicators IMO.
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