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More on Summer Infant's Q4 miss

Feb. 21, 2018 10:13 AM ETSummer Infant, Inc. (SUMR) StockBy: Niloofer Shaikh, SA News Editor
  • Summer Infant (NASDAQ:SUMR -1.7%) reports revenue rose 3% in Q4 due to higher shipments of strollers, gates, and potties.
  • Gross margin rate slipped 160 bps to 29.8% for the quarter.
  • G&A expense rate improved 500 bps to 18.8%.
  • Adjusted EBITDA expanded 107.4% to $1.8M.
  • Previously: Summer Infant misses by $0.06, misses on revenue (Feb. 20)

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