Brief: Mav Beauty Brands Reports Fourth Quarter & Full-Year 2021 Financial Results

MAV Beauty Brands

24/03/2022 11:09

March 24 (Reuters) - Mav Beauty Brands Inc  MAV.TO :
    * MAV BEAUTY BRANDS REPORTS FOURTH QUARTER & FULL-YEAR 2021
FINANCIAL RESULTS
    * QTRLY TOTAL REVENUE OF $26.7 MILLION VERSUS $23.3 MILLION
IN Q4
2020
    * QTRLY ADJUSTED EARNINGS PER SHARE $0.00
    * IN LATE FEBRUARY 2022, CYBER SECURITY BREACH AT PRIMARY
THIRD-PARTY LOGISTICS PARTNER DISRUPTED ORDER OUTFLOW
CAPABILITIES
    * SAYS ANTICIPATES AN UNFAVOURABLE IMPACT ON ITS Q1 REVENUE,
PRIMARILY RESULTING IN A SHIFT OF SHIPMENTS INTO Q2
    * SAYS COMPANY ANTICIPATES A RETURN TO PRE-INCIDENT
OPERATING
LEVELS AS OF APRIL 2022

Source text for Eikon:  ID:nCNW4p6wMa 
Further company coverage:  MAV.TO 

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