Brief: Cavalier Corporation Says Unable To Provide Any Earnings Guidance For FY20

Bremworth

23/03/2020 02:18

March 23 (Reuters) - Cavalier Corporation Ltd  CAV.NZ :
    * SEEN NO DISCERNIBLE IMPACT ON BUSINESS PERFORMANCE IN LAST
MONTH
DUE TO  COVID-19
    * AWARE THAT RETAILERS WHO STOCK AND SELL CO'S CARPETS ARE
REPORTING A SIGNIFICANT SLOWDOWN IN CUSTOMER TRAFFIC & ORDERS
    * DELAYING ALL NON-ESSENTIAL CAPITAL AND OPERATIONAL
EXPENDITURE
    * UNABLE TO PROVIDE ANY EARNINGS GUIDANCE FOR FY20

Source text for Eikon:  urn:newsml:reuters.com:*:nNZW6wGYJm
Further company coverage:  CAV.NZ 

 (Reuters.Briefs@thomsonreuters.com)