Posted On: 11/21/2013 3:32:13 PM
Post# of 1039
this is from August 6 2012 number of medipendants sold at Costco
Quote:
On August 6, 2012, the Company issued comments in a press release discussing the customer upgrade rate at its large retail partner, the largest warehouse club store chain in the United States. Management indicated that the customer upgrade rate had now climbed to in excess of 75%, providing the Company with additional high-margin revenue. The Company also commented that this same retail partner had given the Company an estimate of between 1,500 and 2,500 units for a significant promotion the retailer plans for early Fall of 2012. Additionally, the Company disclosed that it had sold approximately 4,000 MediPendant units during the June quarter and expects to exceed this amount for the September quarter
reference source
Quote:
On August 6, 2012, the Company issued comments in a press release discussing the customer upgrade rate at its large retail partner, the largest warehouse club store chain in the United States. Management indicated that the customer upgrade rate had now climbed to in excess of 75%, providing the Company with additional high-margin revenue. The Company also commented that this same retail partner had given the Company an estimate of between 1,500 and 2,500 units for a significant promotion the retailer plans for early Fall of 2012. Additionally, the Company disclosed that it had sold approximately 4,000 MediPendant units during the June quarter and expects to exceed this amount for the September quarter
reference source
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