So last year we had 4.4 million sales US for the quarter. This year we had a product launch and better positions in Walmart’s compared to last year. This has to atleast bring in 5-5.5 million just in yowie sales.
Add in Australia which we didn’t have, 1 mill?
Canada 500k-1mill?
Discovery world 250k-500k?
New Zealand, England 100k?
Hard to see it being less than 7 million US which would be 11.7 million for the half year needing about 18 mill for second half which is doable with big rollouts. This shouldn’t prompt a downgrade?
Yowie sales couldn’t possibly be flat in the US with a new series launch, best advertising to date and prime Walmart position?
But I’ll say again this company has never surprised to the upside so my gut tells me itl be a downgrade BUT if it is an upgrade than maybe they have finally turned the corner.
YOW Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held