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These excerpts taken from the SMG 10-K filed Dec 3, 2008. Seasonality and
Backlog
Our business is highly seasonal, with 70% to 75% of our annual
net sales occurring in our combined second and third fiscal
quarters. Our annual sales are further concentrated in our
second and third fiscal quarters by retailers who increasingly
rely on our ability to deliver products “in season”
when consumers buy our products, thereby reducing their
inventories.
We anticipate significant orders for the upcoming spring season
will start to be received late in the winter and continue
through the spring season. Historically, substantially all
orders are received and shipped within the same fiscal year with
minimal carryover of open orders at the end of the fiscal year.
Seasonality and Backlog Our business is highly seasonal, with 70% to 75% of our annual net sales occurring in our combined second and third fiscal quarters. Our annual sales are further concentrated in our second and third fiscal quarters by retailers who increasingly rely on our ability to deliver products “in season” when consumers buy our products, thereby reducing their inventories. We anticipate significant orders for the upcoming spring season will start to be received late in the winter and continue through the spring season. Historically, substantially all orders are received and shipped within the same fiscal year with minimal carryover of open orders at the end of the fiscal year. These excerpts taken from the SMG 10-K filed Nov 25, 2008. Seasonality and
Backlog
Our business is highly seasonal, with 70% to 75% of our annual
net sales occurring in our combined second and third fiscal
quarters. Our annual sales are further concentrated in our
second and third fiscal quarters by retailers who increasingly
rely on our ability to deliver products “in season”
when consumers buy our products, thereby reducing their
inventories.
We anticipate significant orders for the upcoming spring season
will start to be received late in the winter and continue
through the spring season. Historically, substantially all
orders are received and shipped within the same fiscal year with
minimal carryover of open orders at the end of the fiscal year.
Seasonality and Backlog Our business is highly seasonal, with 70% to 75% of our annual net sales occurring in our combined second and third fiscal quarters. Our annual sales are further concentrated in our second and third fiscal quarters by retailers who increasingly rely on our ability to deliver products “in season” when consumers buy our products, thereby reducing their inventories. We anticipate significant orders for the upcoming spring season will start to be received late in the winter and continue through the spring season. Historically, substantially all orders are received and shipped within the same fiscal year with minimal carryover of open orders at the end of the fiscal year. This excerpt taken from the SMG 10-K filed Nov 29, 2007. Seasonality and
Backlog
Our business is highly seasonal with 70% to 75% of our annual
net sales occurring in our combined second and third fiscal
quarters.
Consistent with prior years, we anticipate significant orders
for the upcoming spring season will start to be received late in
the winter and continue through the spring season. Historically,
substantially all orders are received and shipped within the
same fiscal year with minimal carryover of open orders at the
end of the fiscal year.
This excerpt taken from the SMG 10-K filed Dec 14, 2006. Seasonality and
Backlog
Our business is highly seasonal with 70% to 75% of our annual
net sales occurring in our combined second and third fiscal
quarters.
Table of Contents
Consistent with prior years, we anticipate significant orders
for the upcoming spring season will start to be received late in
the winter and continue through the spring season. Historically,
substantially all orders are received and shipped within the
same fiscal year with minimal carryover of open orders at the
end of the fiscal year.
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