Yowie Group’s retail revenues rose 29% on a sequential basis in the December quarter to an estimated US$6.2m as the company completed its roll-out to 4,300 Walmart stores in the US. December quarter numbers include both retail and stock-building sales, so we are maintaining our topline expectations for now. However, based on the company’s recent move to a new contract manufacturer and the resulting discontinuation of patent royalty fees, we believe there may be upside to our estim
26 Feb 2016
Growing expectations
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Growing expectations
Yowie Group Ltd. (YOW:ASX) | 0 0 1.0% | Mkt Cap: 21.5m
- Published:
26 Feb 2016 -
Author:
Beth Senko -
Pages:
7
Yowie Group’s retail revenues rose 29% on a sequential basis in the December quarter to an estimated US$6.2m as the company completed its roll-out to 4,300 Walmart stores in the US. December quarter numbers include both retail and stock-building sales, so we are maintaining our topline expectations for now. However, based on the company’s recent move to a new contract manufacturer and the resulting discontinuation of patent royalty fees, we believe there may be upside to our estim