Summer Infant, Inc. (NASDAQ:SUMR) is expected to report third quarter earnings results, after market close, on Wednesday 11th November 2020.
Previous Quarter Performance
Summer Infant, Inc. unwinded income for the second quarter of $ 0.86 per share, from the revenue of $ 38.21 million. Street analysts expected $ 47.68 million. The top line results fell short of analysts by $ 9.47 million or 19.86 percent.
Stock Performance
Shares of Summer Infant, Inc. traded up $ 0.76 or 3.42 percent on Tuesday, reaching $ 23.00 with volume of 9.90 thousand shares. Summer Infant, Inc. has traded high as $ 23.53 and has cracked $ 21.58 on the downward trend
The closing price of $ 23.00, representing a 1,444.44 % increase from the 52 week low of $ 1.44 and a 7.33 % decrease over the 52 week high of $ 24.00.
The company has a market capital of $ 48.62 million and is part of the Consumer Defensive sector and Household & Personal Products industry.
Summer Infant, Inc., together with its subsidiaries, designs, markets, and distributes branded juvenile health, safety, and wellness products primarily worldwide. It offers audio and video monitors; safety products, including gates, bedrails, baby proofing products, potties, bath products, positioners, and infant health products; nursery products, such as specialty blankets, sleep aides and soothers, and travel accessories; and baby gear products consisting of strollers, bassinets, high chairs, and playards under the Summer, SwaddleMe, and born free brand names. The company sells its products directly to retailers through own direct sales force and a network of independent manufacturers representatives and distributors; and through partners Websites and its summerinfant.com Website, as well as indirectly through distributors, representatives, and international retail customers.
