Brief: Mav Beauty Reports Q1 2020 E-Commerce Sales More Than Doubled Over Prior Year

MAV Beauty Brands

05/06/2020 11:37

June 5 (Reuters) - Mav Beauty Brands Inc  MAV.TO :
    * MAV BEAUTY BRANDS REPORTS FIRST QUARTER 2020 FINANCIAL
RESULTS
    * MAV BEAUTY BRANDS INC QTRLY REVENUE INCREASES 30%
YEAR-OVER-YEAR
TO $31.4 MILLION
    * MAV BEAUTY BRANDS - QTRLY ADJUSTED EPS (BASIC) $0.10
    * MAV BEAUTY BRANDS INC QTRLY EARNINGS PER SHARE (BASIC)
$0.03
    * MAV BEAUTY BRANDS - EXPERIENCED SOME DELAYS IN
AVAILABILITY OF
PACKAGING & COMPONENTS FOR CAKE BEAUTY; HOWEVER, THERE WERE NO
MATERIAL EFFECTS IN Q1
    * MAV BEAUTY BRANDS - CAPITAL EXPENDITURES EXPECTED TO BE
SIGNIFICANTLY LOWER IN 2020
    * MAV BEAUTY BRANDS - FIRST-QUARTER SALES REFLECT POSITIVE
IMPACT
OF 2020 SHELF GAINS
    * MAV BEAUTY BRANDS - FOR Q1 2020, E-COMMERCE SALES MORE
THAN
DOUBLED OVER PRIOR YEAR

Source text for Eikon:  ID:nCNWjxTH6a 
Further company coverage:  MAV.TO 

 ((Reuters.Briefs@thomsonreuters.com;))