Natural Health Trends posts Impressive First-Quarter Profit Of $11.3 Million


Natural Health Trends posts Impressive First-Quarter Profit Of $11.3 Million

Revenue increased 83% year-over-year to $74.3 million

 

  • Net income of $11.3 million or $0.95 per diluted share
  • Increased quarterly dividend by 20% to $0.06 per share
  • Repurchased $18.3 million of common stock during the quarter
LOS ANGELES, April 27, 2016 (GLOBE NEWSWIRE) — Natural Health Trends Corp. (NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced its financial results for the quarter ended March 31, 2016.
First Quarter2016 Financial Highlights
  • Total revenue increased 83% to $74.3 million, compared to $40.7 million in the first quarter of 2015.
    • Revenue from the Company’s Hong Kong operations, which represented 92% of total revenue, increased 83% to $68.2 million, compared to $37.3 million in the first quarter of 2015.
    • Revenue outside of Hong Kong increased 84% to $6.1 million, compared to $3.4 million in the first quarter of 2015.
  • Operating income increased 102% to $14.0 million, compared to $6.9 million in the first quarter of 2015.
  • Net income was $11.3 million, or $0.95 per diluted share, compared to $6.7 million, or $0.54 per diluted share, in the first quarter of 2015.
  • Additional income tax provision of $2.4 million was recognized in the first quarter of 2016 for the expected partial repatriation of overseas profits, resulting in an overall effective tax rate of 19%. Net income, excluding the impact of the additional tax charge, would have been $13.6 million, or $1.15 per diluted share.
  • The number of Active Members1 increased 10% to 119,800 at March 31, 2016, compared to 109,360 at December 31, 2015 and 62,010 at March 31, 2015.
1  Natural Health Trends defines Active Members as those that have placed at least one product order with the Company during the preceding twelve month period.
  Management Commentary
“Our positive momentum continued with a strong start to 2016,” commented Chris Sharng, President of Natural Health Trends Corp. “The double-digit increase in revenue growth for the quarter was driven by our emphasis on leadership programs, product development and promotional incentives.  We believe that these strategies will help drive sustainable growth in our active member base which now consists of 119,800 and growing.”
Mr. Sharng further commented, “During the first quarter, we experienced strong consumer demand for our products. We were pleased to announce that we recently received the United States Department of Agriculture Organic Certification for our top-selling product, Premium Noni JuiceTM. Furthermore, we launched a new product, StemRenuTM, only available to NHT Global through an exclusive licensing arrangement, as well as AquaPur, our new water purifier product in China.”
Balance Sheet and Cash Flow
  • At March 31, 2016, cash and cash equivalents totaled $99.6 million, compared to $104.9 million at December 31, 2015.
  • Net cash provided by operating activities in the first quarter of 2016 was $13.8 million, compared to $16.6 million in the first quarter of 2015.
  • On April 21, 2016, the Company’s Board of Directors declared a quarterly cash dividend of $0.06 per share on outstanding common stock, a 20% increase over the prior quarter dividend, which will be payable on May 20, 2016 to stockholders of record as of May 10, 2016.
  • During the three months ended March 31, 2016, the Company repurchased an additional $18.3 million of its common stock under its existing $70.0 million stock repurchase program. At March 31, 2016, approximately $41.7 million remained available for repurchase.
First Quarter 2016 Financial Results Conference Call
Management will host a conference call to discuss the first quarter 2016 financial results today, Wednesday, April 27, 2016 at 11:30 a.m. Eastern Time. The conference call details are as follows:
Date: Wednesday, April 27, 2016
Time: 11:30 a.m. Eastern Time / 8:30 a.m. Pacific Time
Dial-in: 1-877-407-0789 FREE (Domestic)
1-201-689-8562 (International)
Conference ID: 13632555
Webcast: http://public.viavid.com/index.php?id=118679
For those unable to participate during the live broadcast, a replay of the call will also be available from 2:30 p.m. Eastern Time on April 27, 2016 through 11:59 p.m. Eastern Time on May 11, 2016 by dialing 1-877-870-5176 FREE (domestic) and 1-858-384-5517 (international) and referencing the replay pin number: 13632555.
About Natural Health Trends Corp.
Natural Health Trends Corp. (NHTC) is an international direct-selling and e-commerce company operating through its subsidiaries throughout Asia, North America, and Europe.  The Company markets premium quality personal care products under the NHT Global brand.
 Additional information can be found on the Company’s website at: www.naturalhealthtrendscorp.com.

Hit TV Series, EMPIRE Signs Licensing Deal With Tonner-One World


Hit TV Series, EMPIRE Signs Licensing Deal With Tonner-One World

Twentieth Century Fox Consumer Products Grants Toy Company Rights to Design Collector Dolls of Cookie Lyon, Lucious Lyon and other EMPIRE Characters
HOUSTON–(BUSINESS WIRE)–
Tonner-One World Holdings (f/k/a One World Holdings, Inc.) (OTCQB: OWOO), a collector and fashion-play doll design company, announced today that the Company’s subsidiary, Tonner-One World, entered into a two year licensing agreement with Twentieth Century Fox Consumer Products, to create a special line of collector dolls based on the critically-acclaimed, hit television series, Empire.
 
The story was widely covered by USA Today, Entertainment Weekly, VH1, ESSENCE and an array of other publications, furthering the excitement around Empire’s characters being immortalized by collector edition dolls – designed by Tonner-One World (a collaboration between the Tonner Doll Company and the One World Doll Project).

“This Empire licensing deal with Twentieth Century Fox Consumer Products truly exemplifies what the Tonner-One World alliance is all about,” stated Corinda Joanne Melton, CEO of One World Holdings. “With Tonner’s twenty-five years of collector doll design and Stacey’s 15 years of fashion-play doll design, we anticipate being able to create a wonderful line of products while broadening our opportunities for growth. Believe me, Empire is just the beginning.”

A television ratings powerhouse, Empire has made its mark as a cultural phenomenon and fashion influencer. The Empire licensing deal not only aligns Tonner-One World with a national television network, but expands the reach of its fashion-play brand to a wider audience at an accelerated rate of market penetration. Management is confident that the relationship with Empire, will serve as a great platform to increase brand awareness for the PRETTIE Girls!, Tween Scene and Dream Babies.

Ms. Melton concluded, “This deal with Twentieth Century Fox Consumer Products represents a major step for Tonner-One World. We will leverage it to the fullest as we continue to expand our brand, grow our Company and position Tonner-One World as an influencer in the doll industry.”

Cookie Lyon (Taraji P. Henson) and Lucious Lyon (Terrence Howard) collector dolls are slated for release this Fall [2016]. For more information and updates, log onto www.empiredolls.com.

About The One World Doll Project:
 

$OWOO is committed to changing the retail landscape of the doll industry. The One World Doll Project’s collections are fashion play dolls that are diverse in culture, interests, and style. Founders Trent T. Daniel and Stacey McBride-Irby, a former Mattel® designer who designed the company’s first authentic African-American dolls, developed the Prettie Girls! to capture the essence of positive values and attributes that every little girl can embrace.
Established in 2010, The One World Doll Project, a subsidiary of Tonner-One World Holdings, Inc. (

About Tonner Doll Company:
 

Tonner Doll Company, founded by Robert Tonner, is an established collective doll enterprise based in New York. The company has earned an esteemed reputation for creating the highest quality and most detailed collectible figures. Tonner’s dolls have been displayed in the Louvre and his immaculately proportioned designs have earned him the rights to bring: The Wizard of Oz, Harry Potter, The Big Bang Theory, Twilight, Avatar, Superman, Spider-Man, Gone With the Wind, and a broad variety of other film and comic book characters to doll-like life around the world.

Oil Prices See 2016 High After U.S. Crude Draw Report


Oil Prices See 2016 High After U.S. Crude Draw Report

By Barani Krishnan
Crude oil prices hit 2016 highs on Tuesday on the back of a rally in the gasoline market and after an industry group reported a surprise draw in U.S. crude stockpiles.
Brent and U.S. crude’s West Texas Intermediate (WTI) futures finished regular trading about 3 percent higher, riding on the coattails of a gasoline rally that hit August highs after a series of refinery hikes.

In post-settlement trade, both benchmarks rose more than 4 percent after the American Petroleum Institute reported a draw down of nearly 1.1 million barrels in U.S. crude inventories last week versus a 2.4 million-barrel build expected by analysts in a Reuters poll. [API/S] [EIA/S]
The API report is a precursor to official inventory data due on Wednesday from the U.S. Energy Information Administration.

 

“There’s a possibility we could see newer highs from here, notwithstanding the EIA data, as the market is really fired up on the idea of tightening supplies,” said John Kilduff, partner at New York energy hedge fund Again Capital.

Brent crude futures (LCOc1) finished up $1.26 at $45.74 a barrel. In post-settlement trade, it rose as much as $2.01 to a 2016 high of $46.49.

U.S. crude futures (CLc1) settled up $1.40 at $44.04. It gained $2.19 in after-hours trade to reach a year-to-date peak of $44.83.

Crude markets got off to a rousing start in the New York session as gasoline futures and gasoline refinery margins both surged from refinery outages, Venezuela buying and a reported drop in New York inventories.

 

“I think the market has become more optimistic on oil products,” said Scott Shelton, broker and commodities specialist with ICAP in Durham, North California. “If refining margins stay strong, crude runs will be quite high and that will make the odds of a crude stock draws increase significantly.”
Oil prices are headed for a fourth straight week of gains, with Brent on track to finish April 17 percent higher for its best monthly gain in a year, despite aborted plans by major producers to agree on an output freeze at a meeting in Qatar earlier this month.
Tuesday’s oil rally was also underpinned by a weaker dollar, which fell on expectations that the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) will keep interest rates at existing levels. The dollar rallied earlier this year, weighing on oil, as investors braced for higher rates. [FRX/]
“For now, the line of least price resistance remains to the upside, and we will be reassessing this view in light of tomorrow’s FOMC statement,” said Jim Ritterbusch of Chicago-based oil market consultancy Ritterbusch & Associates.

Long Term Bullish Signals Make These 5 Stocks Worth A Close Look


Long Term Bullish Signals Make These 5 Stocks Worth A Close Look

By Robert Moreno
 
Five popular stocks have recently seen golden crosses. The stocks represent a diverse set of sectors, which adds significance to the individual signals and may be a bullish indication for the broader market.

A “golden cross” occurs when the 50-day moving average moves above the 200-day moving average, and it suggests that a long-term bullish trend is underway. Moving averages are by definition lagging indicators, and the golden crossover reflects an upswing that is already in progress, so the signal needs to be validated by other technical indications before you make a trading decision.

Here’s a closer technical look at the five stocks.

BlackBerry

The previous stocks are all trading above the intersections of their moving average crossovers, but BlackBerry ($BBRY) shares are trading below the averages. There has been an unusual amount of volatility this year, even for this long-struggling stock, but it has been attempting to hold above the $7 level, which is interior support within a large symmetrical triangle pattern.

The stabilization has given the stochastic and moving average convergence/divergence oscillators time to make bullish crossovers, and the accumulation/distribution line and Chaikin money flow have moved above their signal averages.

This stock has a lot to prove, but a move back above the area of resistance marked by the intersection averages and the triangle downtrend line would be a major bullish accomplishment.

Intel

 

Intel ($INTC) has returned to a key support level of its own, just above the intersection of the 50- and 200-day moving averages. This is also the bottom end of the narrow channel pattern that the stock has been trading in for the last month.

During this consolidation period, the price and trend momentum indicators have been in slight bearish divergence, and Chaikin money flow has dropped under its 21-period average.

The validity of the golden cross will be confirmed if the stock is able to hold support and eventually break above channel resistance.

Schlumberger

 

Market correlation is evident in the inverse basing formation on the chart of Schlumberger ($SLB) , which had been trending lower since July 2014. The stock held its February low, then moved higher before consolidating in a narrow range between the long-term downtrend line and the area of neckline support. It broke out of that triangle-like pattern this month and began the second phase of the rally off the lows.

The pullback in the relative strength reading and the money flow index, which is a volume-weighted relative strength measure, suggests that the rally in the energy space may be due for a rest. If that turns out to be the case, a successful retest of the uptrend line would be a good long entry point.

From a fundamental perspective, Schlumberger is a holding in Jim Cramer’s Action Alerts PLUS charitable portfolio. Recently, Cramer and Research Director Jack Mohr raised their price target on the stock to $85 from $80.

“Although we expect first-quarter weakness to spill into second-quarter results, we are in the name for the long term, and are willing to pay a premium for its outsized leadership, balance-sheet capacity, robust free cash flows and ability to continue capturing share while driving growth — which we expect to kick in throughout the second half of the year and accelerate through 2017 and beyond.”

 

Activision Blizzard

 

 

A similar technical scenario is playing out on the Activision Blizzard ($ATVI)  chart, with a cup and handle formation marking the reversal low. The stock has been trending higher since breaking above rim line resistance in another well-defined series of higher highs and higher lows.

Daily moving average convergence/divergence is overlaid on a weekly histogram of the oscillator and is above its centerline on both timeframes. This represents positive intermediate-term price momentum and trend direction. Volume is weak, but money flow is positive, and the accumulation/distribution line is tracking higher and above its 21-period signal average.

Amazon

The daily chart of Amazon ($AMZN) shows the stock making an inverse head and shoulders bottom this year with neckline resistance in the $580 area. Amazon broke through that level last month and has established a strong uptrend line.

The relative strength index crossed above its centerline just after the stock tested the confluence of moving average support in March, and moving average convergence/divergence is above its centerline. Chaikin money flow crossed into positive territory as the head of the reversal pattern formed at the February low.

The stock continues to make higher highs and higher lows, confirming that it is in a primary uptrend.

Prettie Girls Dolls Dominate The Multi-Cultural Fashion Doll Market Niche (OWOO)


Prettie Girls Dolls Dominate The 

Multi-Cultural Fashion Doll Market Niche (OWOO)

 

 

 
Established in 2010 by Trent T. Daniel and Stacey McBride-Irby, The One World Doll Project endeavors to make a significant positive cultural impact through the doll category. After several years of development, The One World Doll Project recently released the Prettie Girls!™, an exciting line of multi-cultural fashion dolls. The Prettie Girls! are unique in their physical attributes as well as their individual personal stories, goals and inspirations, capturing the essence of positive attributes that every little girl can embrace. Styled for play, yet filled with soul, The Prettie Girls! set high values-based standards for “pretty”- positive goals that reach across the globe and up for the stars!

For young girls, The One World Doll Project creates a doll that is a friend, a partner in play, and a glimpse of their biggest, brightest dreams.

 For young women, it is a symbol of who they are and what they can achieve. For connoisseurs, The One World Doll Project promises stylish works of art that will become a vital part of a valuable growing collectors’ market.

Stacey McBride-Irby Creator of Prettie Girls Dolls

As a child Stacey consistently played with dolls.  Barbie was her favorite.  She loved mixing and matching her clothes, and styling her hair.  Not long after Stacey stopped playing with Barbie™ dolls at the age of 13, she made the decision to enter the fashion world.  She started sketching fashion and going to the library and checking out books about fashion.
 Stacey’s father had saved a newspaper article that featured Kitty Black Perkins, a Mattel™ designer.  With the encouragement of her father and her instructor of a fashion computer course at El Camino College, Stacey called Perkins.  In addition to showing her portfolio and resume during the interview, Stacey had to design a Barbie™ fashion.  It was approved and she was hired as an assistant designer which begin her career in the world of toys and doll design.

Stacey was a Project Designer for Mattel™ in El Segundo and was with the company for 15 years. 

 She is the creator of the So In Style™ line of African-American Barbie™ dolls which were released in 2009. While at Mattel, Stacey was tapped to design the sorority Barbie, Celebrating the Centennial year of Alpha Kappa Alpha, the first African-American Greek Sorority, founded in 1908 at Howard University in Washington, D.C.  She designed a one of a kind take on the 1980’s Black Barbie.  She also designed some of the 2010 Barbie career dolls, including Pet Vet Barbie, Rock Star Barbie and Bride Barbie.

Stacey has been interviewed for magazines and newspaper articles such as Ebony, Essence, Heart & Soul, LA’s Beauty Beat, Upscale, Chicago Sun Times and Daily Breeze.  Stacey McBride-Irby made the front cover of Wall Street Journal Personal newspaper.  The So In Style TM dolls have been featured in Barbie and Jet magazine.

Stacey has appeared on CNN Prime News with Richelle Carey “New Barbies Look More Like Black Women”.  And on May 2, 2010 Stacey appeared on BETs My Black is Beautiful, Episode 1:  Celebration of Black Beauty.  She is currently a featured designer in the Barbie Exhibit at The Children’s Museum of  Indianapolis.

Stacey’s motto is, “A happy, inspired childhood creates happy, inspired and powerful women.”  She also loves the Lord with all her heart.  She knows that without God that none of her accomplishments and success would be possible.

ONE WORLD HOLDINGS, INC.$OWOO
One World Holdings, Inc. today announced that it has applied to FINRA for approval of a change of the Company’s stock ticker symbol.
 “As we are near completion of the process to change our corporate name to Tonner-One World Holdings, Inc. we also felt it best to change the ticker symbol to reflect the well- known and established Tonner brand,” said Joanne Melton, CEO of One World Holdings, Inc.

The move to the new symbol is intended to strengthen the Tonner-One World brand and is another step towards further developing the company’s profile within the investment community

 

 

.

Our fully realized relationship with One World and the new symbol will help us to foster a stronger, consistent and more recognizable brand as we move into mainstream television, film, retail and licensing projects this year,”

 said Robert Tonner, CEO of Tonner Doll Company. “We are excited about the future of Tonner-One World as we embark on this exciting new phase of growth,” he added.
The company has requested DOLL, TONR and TNNR as the preferred choices for the new symbol and FINRA is currently reviewing the Company’s request. While we hope to have approval from FINRA within the next two weeks, the review process could take longer. Upon approval of this ticker symbol change by FINRA the Company will issue a press release to advise shareholders.

About The One World Doll Project $OWOO:

 

 

Established in 2010 by Trent T. Daniel and Stacey McBride-Irby, The One World Doll Project is committed to changing the retail landscape of the doll industry. The Prettie Girls!(TM), are a collection of fashion play dolls diverse in culture, interests, and style. McBride-Irby, former Mattel(r) designer most notably known as creator of the So In Style(r) dolls (the first African-American dolls by Mattel), designed the Prettie Girls! as unique works of art for a growing market yearning for something new to experience.

 The Prettie Girls! capture the essence of positive values and attributes that every little girl can embrace.

 

 

 

 

“Prettie” stands for P(ositive) R(espectful) E(nthusiastic) T(ruthful) T(alented) I(nspiring) E(xcellent). Styled for play, yet filled with soul, The Prettie Girls! set new, higher, values-based standards for beauty- positive goals that reach across the globe and up for the stars!

Visit One World Dolls Online at: www.oneworlddolls.com.

  
Visit Tonner-One World (One World Holdings, Inc.) on the Web: tonneroneworld.com.

Max Sound Corporation (MAXD) Enters Term Sheet to Sell Audio Technology to Imperalis Holdings (IMHC)


Max Sound Corporation (MAXD) Enters Term Sheet to Sell Audio Technology to Imperalis Holdings (IMHC)

 

Max Sound Corporation (MAXD), the innovators of MAX-D, the disruptive HD Audio Technology, announced today it entered into a Term Sheet with Imperalis Holdings (OTC PINK: IMHC) for Imperalis’ acquisition of certain MAXD HD Audio Technology IP component assets.
 

 

The Deal: The purchase price to be paid to MAX-D shall be 48,000,000 shares; the shares will be restricted shares of common stock, restricted for one year, to be issued upon closing. Within 30 days of the final verification of certain assets, MAX-D shall declare a special dividend payable to its shareholders in accordance with applicable corporate law consisting of the purchase shares.

 
Under the Terms of the fully executed Term Sheet, the purchaser shall acquire (with certain exceptions) all right, title and interest in and to the MAX-D Audio Technology’s Intellectual Property including all precursors, portions and work in progress with respect thereto and all inventions, works of authorship, mask works, technology, information, know-how, materials and tools relating thereto or to the development, support or maintenance thereof and all copyrights, patent rights, trade secret rights, trademark rights, mask works rights and all other intellectual and industrial property rights of any sort incorporated or embodied in, used to develop, or related to any of the foregoing, as well as all license agreements or other contract rights related thereto including the Hexagon License.
 

 

Agreement with Qualcomm (the “Assets”). The deal will exclude the MAX-D brand (and related websites and trademarks), iOS and Android MAX-D consumer applications, the consumer database and highly anticipated retail stick drive product retained by MAX-D. MAX-D will also retain certain percentages of existing sales in year one and two.
 

 

 

The anticipated closing date for the signing of the definitive agreement shall be on or before May 31, 2016.

 

 

“As I stated in my January 2016 update; my goal has always been to make MAX-D a household name. This sale will be beneficial to the MAX-D shareholders and will bring new strategic development to the technology. I believe this is the right move for us, and our shareholders, to achieve this very goal. In complement to this exciting move for the HD Audio Technology, Max Sound Corporation (Stock Symbol: MAXD) will continue to operate as usual, bringing innovative technologies to the market, as well as continuing our fight to uphold the Optimized Data Transmission license that was granted to Max Sound by VSL,” said John Blaisure – CEO of Max Sound Corporation.

About Imperalis Holding Corporation:

 

 
Imperalis Holdings seeks to become long-term partners with exceptional management teams and employees who share our goal of significant long-term growth while simultaneously leaving a lasting and positive impact on the communities in which we operate. Our mission is to find premier companies that are industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit.
Visit Imperalis Holdings on the web: http://imperalisholding.com/

About Max Sound Corporation:  
As creators of acclaimed MAX-D HD Audio, Max Sound can provide a better solution for Audio, Video and Data transmissions. Max Sound Corporation is the company that brings forth technologies for the betterment of our world, including VSL’s Optimized Data Transmission Technology. Max Sound®, MAXD® and MAX-D Audio Perfected® are registered trademarks. All other trademarks are the property of their respective owners.
To learn more about the MAX-D Technology, please visit: http://maxd.audio.

Skechers (SKX) Stock Surges On News Of Good Q1 Earnings


Skechers (SKX) Stock Surges On News Of Good Q1 Earnings

 

After reporting in-line earnings in the final quarter of 2015, Skechers USA Inc. $SKX commenced 2016 on a high note on the back of a sturdy performance at its international wholesale business. The company delivered first-quarter earnings of 63 cents a share that comfortably beat the Zacks Consensus Estimate of 53 cents. Quarterly earnings of this Manhattan Beach, CA-based footwear retailer also increased from 37 cents earned in the year-ago quarter.
Skechers U.S.A. Inc. (SKX) Street EPS & Surprise Percent – Last 5 Quarters
Despite a soft domestic retail environment and foreign currency headwinds, the top line witnessed solid growth in the reported quarter. Moreover, management hinted that sales would remain strong, going forward. The upbeat performance and positive commentary were enough to provide impetus to the stock that gained roughly 7.5% in the after-market trading hours yesterday.
Net sales of $978.8 million beat the Zacks Consensus Estimate of $890 million and surged 27.4%, driven by aggressive marketing initiatives, product innovation across multiple categories, and healthy performance across all revenue channels. Management now projects second-quarter 2016 net sales in the band of $875–$900 million.
Nevertheless, Skechers has been steadily gaining ground by offering stylish and casual shoes at a more compelling price than conventional athletic brands. Management highlighted that strength witnessed across men’s, women’s and kids’ lines of products was backed by the worldwide acceptance of Skechers Sport, Relaxed Fit and sporty styles for children. With increased focus on the new line of products, cost containment, inventory management, a global distribution platform and sturdy backlogs, the company remains confident of sustaining the growth momentum in 2016.
Gross profit for the reported quarter surged 30% to $432.2 million, whereas gross margin expanded 90 basis points to 44.2%. Operating income came in at $138.6 million, up 57.1% from the prior-year quarter, while as a percentage of net sales, it increased 270 basis points to 14.2%, buoyed by improved gross margin and SG&A leverage.
Segmental Sales Synopsis
The domestic wholesale business recorded revenue growth of 12.1%, reflecting a jump of 12.1% in pairs shipped.
Skechers’ international wholesale business revenues, which constituted 42.9% of sales, soared 47.1% on the back of a 46.1% rise in wholly-owned subsidiary sales as well as an improvement of 8.5% in distributor sales.
On a combined basis, retail business sales grew 23.2%, whereas comparable-store sales advanced 9.8%. Domestic retail sales rose 15.3%, while comparable-store sales increased 8.2%. International retail sales soared 59%, whereas comparable-store sales improved 17.7%.
Store Update
Skechers operated 872 branded stores internationally, owned and operated by joint ventures (JVs), franchisees and distributors at the end of the reported quarter. Of the total, 451 are distributor-owned or franchised retail stores; 327 are JV stores, and 94 are company-franchised stores in countries where Skechers directly distributes its products.
During the first quarter of 2016, 78 third-party stores were opened and 1 store was closed. So far in the second quarter, Skechers has opened 15 third-party stores. The company plans to open 160–165 more stores in 2016.
Skechers operated 525 company-owned retail outlets globally, comprising 130 international locations at the end of the quarter. During the quarter, the company opened 9 stores, and has opened 2 stores so far in the second quarter. The company expects to open approximately 55 to 65 more outlets during the year, including 20 to 25 outlets during the second quarter.
Management aims at a total Skechers store base of over 1,600 by the end of 2016.
Strategic Initiatives
Management is focused on product innovation, additional Skechers store openings and increasing distribution channels by entering into international distribution agreements to boost sales and profitability. Moreover, Skechers’ international business remains a major sales growth driver for the company with Europe being a significant market outside the U.S. The company is also enhancing its European Distribution Center. Moreover, Skechers is poised to enhance its global reach in the footwear market through its distribution networks, subsidiaries and JVs.
Other Financial Aspects
This Zacks Rank #3 (Hold) company ended the quarter with cash and cash equivalents of $443.8 million, long-term borrowings (net of current installments) of $68.5 million, and shareholders’ equity of $1,438.8 million, excluding non-controlling interest of $60.1 million. Capital expenditures incurred during the quarter were $35.2 million. Management now envisions capital expenditures of about $45–$50 million for the remainder of 2016.
Stocks to Consider
ZacksSome better-ranked stocks in the retail sector include Express Inc. EXPR and American Eagle Outfitters, Inc. AEO, both sporting a Zacks Rank #1 (Strong Buy), and Columbia Sportswear Company COLM, carrying a Zacks Rank #2 (Buy).

In a New Audio Interview at SmallCapVoice.com, Phil Uhrik, an Exclusive Distributor for Rocky Mountain High Brands, Provides Updates on Sales and Distribution Efforts in the Northeast


In a New Audio Interview at SmallCapVoice.com, Phil Uhrik, an Exclusive Distributor for Rocky Mountain High Brands, Provides Updates on Sales and Distribution Efforts in the Northeast

AUSTIN, Texas, April 22, 2016 (GLOBE NEWSWIRE) —
SmallCapVoice.com, Inc. (SCV) and Rocky Mountain High Brands, Inc. (OTC PINK:RMHB) (the Company), announced today that a new audio interview with the Company is now available. The interview can be heard at http://smallcapvoice.com/blog/4-21-16-smallcapvoice-interview-with-rocky-mountain-high-brands-rmhb.
Phil Uhrik, an exclusive distributor of the Rocky Mountain High Brand’s hemp infused beverages for the Northeast, called in to SmallCapVoice.com, Inc. to provide his insights, from a sales perspective, on the performance of the RMHB beverages in stores to date.
In the interview Uhrik stated, “There is a lot of action going on here in New York alone. We’ve shipped truckloads down to the five boroughs (Manhattan, Queens, The Bronx, Brooklyn, and Staten Island). It (the product) has caught fire and it is amazing what has happened so far. Rocky Mountain Brands is going to be the next big thing.

 About SmallCapVoice.com

 

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors.

SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients’ financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

To learn more about SmallCapVoice.com and their services, please visit: http://www.smallcapvoice.com/services.html.

 

 

About Rocky Mountain High Brands:

ROCKY MOUNTAIN HIGH BRANDS, INC, is a consumer goods company specializing in brand development of health conscious, hemp-infused food and beverage products. The Company currently markets a lineup of four naturally flavored hemp-infused beverages (Citrus Energy, Black Tea, Mango Energy and Lemonade) and a low calorie hemp-infused Coconut Lime Energy drink. In the near future, the Company will introduce hemp-infused food products that include a protein bar, an energy bar, and a chia crisp bar.  Rocky Mountain High Brands plans to offer hemp-infused 2oz. energy shots and 2.5oz. coffee shots to its product line.

For Interested investors, our stock symbol is RMHB.  

For ordering information please visit: www.RockyMountainHighBrands.com

For Rocky Mountain High Distribution Contact:

James Gang: (214) 763-0024
james@rockymountainhighbrands.com
Investors Hangout is the only authorized Investors blog page for Rocky Mountain High Brands, Inc.

Rocky Mountain High Brands, Inc. (RMHB) Announces One Million Plus Can Production Run


Rocky Mountain High Brands, Inc. (RMHB) Announces One Million Plus Can Production Run

-New Larger 16 Ounce Cans with a Bold New Look will be Introduced to Consumers-

DALLAS, April 18, 2016 (GLOBE NEWSWIRE) —
Rocky Mountain High Brands, Inc. (OTC PINK:RMHB) announced today that the Company has ordered two production runs in the month of May totaling over a million cans.
Jerry Grisaffi, Founder of RMHB, commented, “In May, we will introduce new 16-ounce cans with bold new designs creating a broader appeal on store shelves. Coconut Lime will now be offered as an energy drink and Mango energy has been reformulated with beet sugar, making its new taste sensational.”
Due to high consumer demand, the first production run of 660,000 cans will be the original 12-ounce leaf design. The majority of this order has already been pre-sold and the Company expects to sell out this inventory quickly.
The new 16-ounce can run of 900,000 will be produced later in the month.  The new cans have been specifically designed for acceptance into retail and big box store locations. They feature a bold new design that will create higher visibility on store shelves. In conjunction with the new can design, a restyled consumer friendly beverage cooler illuminating our new graphics will be available at retail outlets.
Jerry Grisaffi added, “We will be announcing several well-established distributors supplying various chain stores across the country in the coming weeks. Due to the pre-orders of Rocky Mountain High products already in the pipeline, we expect fourth quarter sales for our fiscal year ending June 30 to be robust. Summertime is beverage season and we have made significant strides toward making Rocky Mountain High this summer’s ‘in drink’.”
About Rocky Mountain High Brands:
ROCKY MOUNTAIN HIGH BRANDS, INC, is a consumer goods company specializing in brand development of health conscious, hemp-infused food and beverage products. The Company currently markets a lineup of four naturally flavored hemp-infused beverages (Citrus Energy, Black Tea, Mango Energy and Lemonade) and a low calorie hemp-infused Coconut Lime Energy drink. In the near future, the Company will introduce hemp-infused food products that include a protein bar, an energy bar, and a chia crisp bar.  Rocky Mountain High Brands plans to offer hemp-infused 2oz. energy shots and 2.5oz. coffee shots to its product line.
For Interested investors, our stock symbol is RMHB.  

For ordering information, please visit: www.RockyMountainHighBrands.com

For Rocky Mountain High Distribution Contact:

James Gang: (214) 763-0024
james@rockymountainhighbrands.com

Visit us at our Facebook page: https://www.facebook.com/rockymountainhighbrands?fref=nf 

Investors Hangout is the only authorized Investors blog page for Rocky Mountain High Brands, Inc.

Say Goodbye to Bud and Hello to Craft Beer


 Say Goodbye to Bud and Hello to Craft Beer

 Every year now, craft beer chips away at the market share of the macro-brewers — Big Suds? — as consumers turn away from the Budweisers and Coors Lights of the world in search of more full-flavored beer.
Craft beer volume jumped 18% last year, and the industry claimed double-digit market share for the first time ever.

 

Growth in craft beer has been impressive, take a look at a few indicators:
– Craft beer sales grew 17.6 percent by volume in 2014, (the overall beer market expanded just 0.5 percent)
– The craft beer market appreciated by 22% to $19.6 billion (the overall beer market grew about 1% to $101.5 billion.)
– Craft beer exports: 383,422 barrels exported in 2014, up 36% from 2013.
– According to research firm IRI Worldwide, the craft beer market grew another 18.8% by volume and 23.4% in value, in 2015.
Investing in this growth, however, has proved tricky. While large brewers like Busch InBev (BUD) have been scooping up craft breweries, investing in BUD is still mostly an investment in big brewing, whose growth has not been anywhere near the craft beer sector’s. Craft Brew Alliance (BREW) has six craft beer brands in its portfolio, which is one option. However, if you’re looking at a stock which is more of a pure play on the whole craft beer industry, then Attitude Beer Holdings Co. (HVCW) requires your immediate attention.
Attitude Beer Holdings Co. (HVCW) – temporarily referenced on the OTC Markets as Harrison, Vickers and Waterman Inc. since its merger with the public entity – operates several World of Beer franchises through a joint venture with New England WOB, LLC (“NEWOB”) and Southeast Florida Craft, LLC (“SFC”) to develop select World of Beer franchised locations in the state of Connecticut, the greater Boston area, as well as Dade and Broward counties in southeast Florida. HVCW represents the best way to invest in the rapidly growing World of Beer franchise.

 American craft brewers now produce about one out of every 10 beers sold in the United States, according to new data from the Brewers Association, an industry trade group.

World of Beer defines itself as “leading the unique, exploding cultural phenomenon of Craft Taverns. At our core is, of course, beer. We hunt and gather beers from around the world, offering the best craft variety on the planet to the beer aficionado and casual beer fan alike.”
World of Beer is appealing to a new generation by pairing their tavern fare with over 50 craft beers on tap and 500 in the cooler, not to mention live entertainment!
World of Beer, however, is not public… Attitude Beer Holding Co. is. So currently, HVCW offers the only way to invest in this growing brand. Attitude Beer, which currently has one franchise in operation (West Hartford, CT), just announced its second location (Milford, CT), has the option to buy another operating location (Stamford, CT). Attitude Beer’s management also announced plans to develop its latest franchise in exciting Cambridge, MA.
HVCW’s first location, a 4,000 sq. foot World of Beer tavern in West Hartford, CT, reported higher than expected revenues, recording $3.4 million dollars in its first fiscal year of operation. The company also recorded an EBITDA of $342,551 and net income of $171,557.
With several franchises on the horizon, the growth opportunity is huge.

 The Brewers Association report suggests that major beer brands are continue to face a steep challenge in the U.S., but not all are suffering equally.

Investors are already beginning to see real opportunity as the stock has gained more interest and increased valuation over the past few weeks and could see a large breakout as the company’s story gets in front of more investors.
A couple other franchises have been in the news recently; Ruby Tuesday’s (RT) after reporting there 4Q financials has caused a bit of a stir and El Pollo Loco (LOCO) is drawing some “next Chipotle” comparisons.

 Craft beer volume jumped 18% last year, and the industry claimed double-digit market share for the first time ever.

Craft brewers produced 22.2 million barrels last year, according to the group — an increase of 18% in terms of volume. Small and independent brewers now command 11% of the total beer market, the first time ever the small rivals were able to claim double-digit market share. (The Brewers Association defines craft brewers as those that produce less than six million barrels annually and can’t be owned or controlled by a big conglomerate).

“With the total beer market up only 0.5% in 2014, craft brewers are key to keeping the overall industry innovative and growing,”

 

So there is no confusion, HVCW is a franchisee of World of Beer and not the franchisor. However, HVCW is the only public company offering investors the opportunity to invest in the World of Beer franchise; thereby the fast-growing craft beer market. Investors should look at HVCW immediately.