Summer Infant, Inc. (SUMR) News
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SUMR News Highlights
- For SUMR, its 30 day story count is now at 3.
- Over the past 1 days, the trend for SUMR's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- LOAN, ED and IR are the most mentioned tickers in articles about SUMR.
Latest SUMR News From Around the Web
Below are the latest news stories about Summer Infant Inc that investors may wish to consider to help them evaluate SUMR as an investment opportunity.
Summer Infant, Inc. (SUMR) Q4 2020 Earnings Conference Call March 17, 2021, 09:00 AM ET Company Participants Chris Witty - VP, IR Stuart Noyes - CEO Ed Schwartz - CFO Conference Call Participants Eric Beder - SCC Research Presentation Operator Good day and welcome to the SUMR Brands Fiscal Year...
NEW YORK, NY / ACCESSWIRE / March 17, 2021 / Summer Infant, Inc. (NASDAQ:SUMR) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 17, 2021 at 9:00 AM Eastern Time.
Full Year Net Loss of $1.1 Million; Adjusted EBITDA of $12.2 Million, Up 72% over Fiscal 2019; Debt Reduced by $17.7 Million, to $30.9 Million WOONSOCKET, R.I., March 16, 2021 (GLOBE NEWSWIRE) -- SUMR Brands ("SUMR Brands" or the "Company") (NASDAQ: SUMR), a global leader in premium infant and juvenile products, today announced financial results for the fourth quarter and full year ended January 2, 2021. Recent Highlights Net sales were $36.0 million in the fourth quarter versus $42.7 million in the prior-year period and $155.3 million for fiscal 2020 versus $173.2 million in fiscal 2019, with the decline largely due to the impact of COVID-19 on the Company’s mid-tier and international business segments and ongoing supply chain constraints. The year-over-year decrease also reflects that...
WOONSOCKET, R.I., March 03, 2021 (GLOBE NEWSWIRE) -- SUMR Brands (“SUMR Brands” or the "Company") (NASDAQ: SUMR), a global leader in premium juvenile products, today announced that it will host a conference call to discuss financial results for the Company’s fiscal 2020 fourth quarter on March 17, 2021 at 9:00 a.m. Eastern Time. To listen to the call, visit the Investor Relations section of the Company's website at www.sumrbrands.com or dial 844-834-0642 or 412-317-5188. An archive of the webcast will be available on the Company's website afterwards, and results will be issued prior to the call. About SUMR BrandsBased in Woonsocket, Rhode Island, the Company is a global leader of premium juvenile brands driven by a commitment to people, products, and purpose. The Company is made up of a...
WOONSOCKET, R.I., Feb. 17, 2021 (GLOBE NEWSWIRE) -- SUMR Brands ("SUMR Brands" or the "Company") (NASDAQ: SUMR), a global leader in premium infant and juvenile products, today announced that its Chief Financial Officer, Edmund J. Schwartz, will be retiring. Schwartz will step down from his role as CFO on March 19, 2021, following the completion of the Company’s audit for fiscal year 2020, and will continue to consult with the Company through the end of March to allow for a smooth and orderly transition. Bruce Meier, managing director at Winter Harbor, LLC, will assume the role of Interim CFO on March 19, 2021. Meier possesses more than 20 years of diverse business and financial experience and has been consulting with the Company since its engagement of Winter Harbor in December 2019. Ov...
Smart Baby Monitor Market Insights Report 2020 with COVID-19 Pandemic Analysis & Future Growth Analysis by 2026 – Safety 1st, Motorola, Summer Infant, Samsung, Infant Optics
This versatile composition of research derivatives pertaining to diverse concurrent developments in the global Smart Baby Monitor Market is poised to induce forward-looking perspectives favoring unfaltering growth stance. A newly compiled research report presentation on global Smart Baby Monitor market is
While the market driven by short-term sentiment influenced by the accommodative interest rate environment in the US, virus news and stimulus talks, many smart money investors are starting to get cautious towards the current bull run since March and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting […]
Summer Infant (NASDAQ: SUMR) shares are trading lower on Wednesday after the company reported worse-than-expected third-quarter sales results. Summer Infant …
Debt Refinancing CompletedWOONSOCKET, R.I., Nov. 10, 2020 (GLOBE NEWSWIRE) -- SUMR Brands ("SUMR Brands" or the "Company") (NASDAQ: SUMR), a global leader in premium infant and juvenile products, today announced financial results for the third quarter ended September 26, 2020. Recent Highlights * SUMR Brands reported net sales of $40.7 million in the third quarter versus $41.5 million in the prior-year period, reflecting higher demand across many of the Company’s core product categories largely offsetting the impact from COVID-19 on certain brick & mortar customers and international sales * Net income was $2.2 million, or $1.03 per share, in the third quarter of 2020 compared with a net loss of $1.7 million, or $(0.79) per share, in the prior-year period; the 2020 third quarter was f...
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