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Summer Infant Inc (SUMR.OQ)

SUMR.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

Summer Infant Q3 Earnings Per Share $0.01
Wednesday, 31 Oct 2018 04:15pm EDT 

Oct 31 (Reuters) - Summer Infant Inc ::SUMMER INFANT REPORTS THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.01.Q3 SALES $43.8 MILLION VERSUS $43.1 MILLION.INVENTORY AS OF SEPTEMBER 29, 2018 WAS $27.2 MILLION COMPARED WITH $34.0 MILLION AS OF DECEMBER 30, 2017.QTRLY ADJUSTED LOSS PER SHARE $0.01.  Full Article

Summer Infant Q4 Loss Per Share $0.09
Tuesday, 20 Feb 2018 04:15pm EST 

Feb 20 (Reuters) - Summer Infant Inc ::SUMMER INFANT REPORTS FOURTH QUARTER RESULTS.Q4 LOSS PER SHARE $0.09.Q4 SALES $46.8 MILLION VERSUS $45.5 MILLION.‍ INVENTORY AS OF DEC30, 2017 WAS $34.0 MILLION VERSUS $36.1 MILLION AS OF DEC 31, 2016​.  Full Article

Summer Infant Inc reports Q3 loss per share $0.07
Wednesday, 1 Nov 2017 04:15pm EDT 

Nov 1 (Reuters) - Summer Infant Inc :Summer Infant Inc reports third quarter results.Q3 loss per share $0.07.Q3 sales $43.1 million versus $48.6 million.Summer Infant Inc - ‍currently do not anticipate post-bankruptcy-filing receivables from Toys 'R' Us to be at risk in short term​.Summer Infant Inc - ‍inventory as of September 30, 2017 was $37.3 million compared with $36.1 million as of December 31, 2016​.Summer Infant Inc - ‍trade receivables at end of q3 were $31.2 million compared with $34.1 million as of December 31, 2016​.Summer Infant Inc - ‍revenue declined in quarter of approximately $2.3 million due to impact of Toys 'R' Us bankruptcy and related order delays​.  Full Article

Summer Infant enters into amended credit agreement
Friday, 20 Oct 2017 08:00am EDT 

Oct 20 (Reuters) - Summer Infant Inc :Summer Infant enters into amended credit agreement.Summer Infant - ‍amended existing credit facility to provide near-term financial flexibility as result of bankruptcy filing by Toys "R" Us on Sept 18​.Summer Infant - ‍bankruptcy of Toys "R" Us negatively impacted net revenue of Summer Infant by approximately $2.3 million during Q3.Summer Infant Inc - ‍as part of amendment, Summer Infant's lenders waived any loan violations that may have occurred due to certain "overadvances".Summer Infant - ‍expects charge of about $2.1 million in Q3 as allowance for bad debt related to pre-bankruptcy petition accounts receivable from Toys "R" Us​.Summer Infant - ‍the "overadvances" were made after Toys "R" Us receivables were no longer deemed "eligible accounts" under credit facility's revolver base​.  Full Article

Summer Infant Q2 earnings per share $0.03
Wednesday, 2 Aug 2017 04:15pm EDT 

Aug 2 (Reuters) - Summer Infant Inc :Summer Infant reports second quarter results.Q2 earnings per share $0.03.Q2 revenue rose 4 percent to $52.6 million.Summer Infant Inc - net sales for three months ended July 1, 2017 were $52.6 million compared with $50.6 million for three months ended July 2, 2016.  Full Article

Summer Infant reports Q1 earnings per share $0.01
Wednesday, 3 May 2017 04:15pm EDT 

May 3 (Reuters) - Summer Infant Inc :Summer Infant reports first quarter results.Q1 earnings per share $0.01.Q1 sales $47.3 million versus $49.7 million.  Full Article