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More on Summer Infant (SUMR): Q2 misses across the board on flat sales and higher expenses. The...
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Monday, August 13, 2012, 5:37 PM ETMore on Summer Infant (SUMR): Q2 misses across the board on flat sales and higher expenses. The company also announces plans to layoff up to 10% of its workforce, and withdraws earlier estimates on its FY12 outlook and suspends further guidance, saying that unpredictable market conditions make it difficult to forecast future performance with reliable accuracy. Shares -28% AH.
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