Brief: MAV Beauty Brands Reports Second Quarter 2019 Financial Results

MAV Beauty Brands

07/08/2019 12:11

Aug 7 (Reuters) - Mav Beauty Brands Inc  MAV.TO :
    * MAV BEAUTY BRANDS REPORTS SECOND QUARTER 2019 FINANCIAL
RESULTS
    * QTRLY REVENUE $25.2 MILLION VERSUS $22.9 MILLION
    * QTRLY EARNINGS PER SHARE (BASIC) $0.03
    * QTRLY ADJUSTED EARNINGS PER SHARE (DILUTED) $0.06
    * MAV BEAUTY BRANDS IS EXPECTING TO DELIVER RESULTS AT LOWER
END
OF STATED GUIDANCE RANGE FOR 2019.
    * MAV BEAUTY BRANDS - IN H2 2019, SEES CONTINUED STRONG
ORGANIC
SALES GROWTH WELL IN EXCESS OF CATEGORY AVERAGE FOR CONSUMER
PERSONAL CARE COMPANIES
    * FREE CASH FLOW IN SECOND HALF OF 2019 WILL ALSO BENEFIT
FROM
REDUCED CAPITAL EXPENDITURES.
    * Q2 EARNINGS PER SHARE VIEW $0.08, REVENUE VIEW $26.4
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nCNW5PjmZa 
Further company coverage:  MAV.TO 

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