Posted On: 07/21/2015 10:47:44 AM
Post# of 679
Has $CELH, management been able to do something about the slowdown in domestic sales reported in Q1?.
<<Domestic sales decreased 6% or $103 thousand primarily associated with increases in promotional allowances and timing in customer order patterns. As a result, domestic retail accounts decreased 7% and health and fitness accounts decreased 13%, which was offset by growth in internet sales of 5% from the same period in 2014, respectively.>>
These numbers are not good, and are one of the primary reasons that we believe that Q2 numbers will disappoint investors.
<<Domestic sales decreased 6% or $103 thousand primarily associated with increases in promotional allowances and timing in customer order patterns. As a result, domestic retail accounts decreased 7% and health and fitness accounts decreased 13%, which was offset by growth in internet sales of 5% from the same period in 2014, respectively.>>
These numbers are not good, and are one of the primary reasons that we believe that Q2 numbers will disappoint investors.
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