Apparently Costco accounts for over 25% of total SNAK sales. What happens if another frozen berry vendor comes along and offers a better deal to Costco? I see the frozen food vendor selections in Costco changing alot year to year.
SNAK has no contract with Costco, which accounts for 25% of annual sales. Costco could sop carrying their products at anytime. You never want to be too overly dependent on one retailer. They may need to do a secondary offering to raise more cash.
I know SNAK is probably goin to 6 or 7 but I chickened out due to my concerns about the overall stock market and took my gains and am out the door. Absolutely great stock and great management. Hope they continue to have outstanding revenue growth, good luck everyone who's in for the long haul, I think you picked a really solid company!