RSTO » Topics » Fluctuations in foreign currency could have an adverse impact on our business.

This excerpt taken from the RSTO 10-Q filed Jun 3, 2008.

Fluctuations in foreign currency could have an adverse impact on our business.

We purchase a substantial portion of our inventory from foreign suppliers who source their raw materials in currencies other than the U.S. dollar. We have not historically hedged our currency risk and we do not currently anticipate doing so in the future. Recent weakness in the dollar as well as other factors such as increases in transportation costs may have an impact on the cost of merchandise that we source from abroad, such as by increasing the prices that we must pay to purchase and transport merchandise from our overseas suppliers which may in turn increase our cost of goods sold and our selling, general and administrative expenses. If we are unable to pass such cost increases on to our customers or the higher cost of the products results in decreased consumption, our gross margins, and ultimately earnings, would decrease.

These excerpts taken from the RSTO 10-K filed Apr 17, 2008.

Fluctuations in foreign currency could have an adverse impact on our business.

We purchase a substantial portion of our inventory from foreign suppliers who source their raw materials in currencies other than the U.S. dollar. We have not historically hedged our currency risk and we do not currently anticipate doing so in the future. Accordingly, changes in the value of the U.S. dollar relative to foreign currencies may increase our suppliers’ cost of business and ultimately our cost of goods sold and our selling, general and administrative costs. If we are unable to pass such cost increases on to our customers or the higher cost of the products results in decreased consumption, our gross margins, and ultimately earnings, would decrease.

Fluctuations in foreign currency could have an adverse impact on our business.

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">We purchase a substantial portion of our inventory from foreign suppliers who source their raw materials in currencies other than the U.S. dollar. We have
not historically hedged our currency risk and we do not currently anticipate doing so in the future. Accordingly, changes in the value of the U.S. dollar relative to foreign currencies may increase our suppliers’ cost of business and ultimately
our cost of goods sold and our selling, general and administrative costs. If we are unable to pass such cost increases on to our customers or the higher cost of the products results in decreased consumption, our gross margins, and ultimately
earnings, would decrease.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki