Blackmores’ achieved earnings before interest and tax of $25.2 million during the third quarter, up a solid 17.6% on the prior corresponding period but below the market’s lofty expectations.
According to Goldman Sachs, the blame for its earnings miss can be placed on higher than expected promotional activity during the quarter which included 50% off on its popular fish oil range.
The good news is that management has advised that these promotional activities are now over and have led to market share gains in the Australian market.
question do they source any omega 3 fish oil from CLV anyone no?
and they are obviously very keen to snare market share in AUS maybe a vertical integrated supply line would be of interest to them, just a thought.
Blackmores’ achieved earnings before interest and tax of $25.2...
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CLV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.0¢ |
Change
-0.005(1.01%) |
Mkt cap ! $60.11M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 49.0¢ | $8.983K | 18.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32789 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 44797 | 1 |
View Market Depth
| Last trade - 15.45pm 15/11/2024 (20 minute delay) ? |
| CLV (ASX) Chart |
