- SodaStream (NASDAQ:SODA +6.3%) reports it sold products through at lower selling prices near the near the end of the year, but still managed to beat the EPS estimates of analysts.
- Gross margin rate fell 1600 bps in Q4 to 42.4% as foreign exchange rates, product mix, and promotions all applied some pressure.
- Growth rates in all geographic regions was strong. Western Europe led the way with sales gains of 38% Y/Y.
- The company guided its outlook on FY14 revenue to $647M vs. $660M consensus.