The stock does not appear to be ready to go an any big run,it has just risen a little closer 1x sales as the cost structure has been brought closer to making the company viable.
The total of the top line growth can be accounted for by the company replacing their bankrupt distributor in Ireland with a new partner.1/8 or more of the Canadian growth can be accounted for by channel management by moving orders from the first quarter to the second.
The sales in the US dropped about 9% in the second quarter.If you take talk of strength in the Northwest, the companies strongest US territory to mean sales in the Northwest were at least flat or up slightly that means sales in the other three regions could be down between 12 and 15%. While part of the drop could be due too cutting back on promotional spending it is hardly the sign of a company exploding on the scene.
While Miss Cue did not take over until the start of this quarter, it is obvious that the reason that Meissner left was because the board was reigning in the promotional spending as they were not seeing any real results.
Moving forward investors will have to hope for continued strength where the company has strong partners,Canada,Northwest and Ireland.While hoping the drop in sales in the areas with newer or weaker distribution partners is only a temporary issue.
spin spin spin
thats all your good at....FACT!!!!
your jealous of my spot on calls and all the money i made year after year and now you finally see what i have been telling you for years, and your bitter because your still a baggie....FACT!!!!!
TICK , TOCK
the facts are undisputable i have been spot on for years and you havent,, thats why your a baggie and lost your arrse...
it's hard to convince people your right when you have never been right , then in jones final months you final get what i have been telling you for years and now want credit...LMFAO!!!!
TICK , TOCK SCHLEPROCK
Whah Whah Whah!!!
You are a genius and everyone else is an idiot, you will re-direct,attack,call people names and proclaim your perfection,no matter how wrong you are.
Taking credit is your bon mot, despite the stock being up over 15% since the start of the year, 9 months ago you are trying to claim some sort of genius on the continued call for a drop.
At this point it is getting more than a little boring.
Let me guess Tick Tock!!!!! What insight. LOL
you have never been right ever ..FACT!!!!
thats why your a baggie ,just getting what i have been telling you since meissner started 2+ years ago , as you keep pumping DUMBO!!!!!
took you long enough DUMBO!!!!!!
What other than hope is there at this point.
There is no visibility or guidance, so what is there to base any guess on?
From what can be seen it appears the company has kept its long term bulk customer,Krogers,Stop and Shop Meijers etc but the volume drop does not bode well for the new outlets and authorizations.Without being in Ireland,Canada or the Northwest it will be hard to do even informal channel checks for any distribution growth in areas that experience growth in the second quarter.
Did the company even ship to any Safeways or Publix in the second quarter and if so what accounts did they lose that offset the new outlets.The only news out of the company about the second quarter was a promotional trip to Northern Florida to add some new Walmarts.
Please explain the tangible data you have access to that allows you to claim anything more concrete than hope they will finally be able to execute moving forward.