Wednesday, March 16, 2011
Summer Infant: Q4 Comments
A Boston presenter shared his thoughts on Summer Infant's (NASDAQ: SUMR, $7.05) Q4 results and outlook. He is disappointed the company's new car seat roll-out is taking longer than expected, but is encouraged that SUMR has "cleared the desk" per the CEO in regards to one-time charges. The presenter is also apprehensive about the company's longer-term plans to make a transformative acquisition.