Inactive Instrument

Summer Infant, Inc.

SUMR

US8656463010

Summer Infant, Inc. Announces Earnings Results for the Second Quarter Ended July 3, 2021

August 16, 2021 at 04:31 pm EDT

Summer Infant, Inc. announced earnings results for the second quarter ended July 3, 2021. For the second quarter, the company announced sales was USD 30.602 million compared to USD 38.214 million a year ago. Operating loss was USD 142,000 compared to operating Income of USD 2.759 million a year ago. Net income was USD 1.355 million compared to USD 1.287 million a year ago. Basic earnings per share from continuing operations was USD 0.63 compared to USD 0.61 a year ago. Diluted earnings per share from continuing operations was USD 0.62 compared to USD 0.61 a year ago. For the half year, sales was USD 66.803 million compared to USD 78.552 million a year ago. Operating income was USD 521,000 compared to USD 2.704 million a year ago. Net income was USD 1.615 million compared to USD 77,000 a year ago. Basic earnings per share from continuing operations was USD 0.75 compared to USD 0.04 a year ago. Basic earnings per share from continuing operations was USD 0.75 compared to USD 0.04 a year ago.

Latest news about Summer Infant, Inc.

Summer Infant, Inc.(NasdaqCM:SUMR) dropped from NASDAQ Composite Index	22-06-22	CI
Summer Infant, Inc.(NasdaqCM:SUMR) dropped from S&P TMI Index	22-06-22	CI
Kids II, Inc. completed the acquisition of Summer Infant, Inc. from Wynnefield Partners Small Cap Value L.P. I, Wynnefield Partners Small Cap Value Offshore Fund, Ltd., and Wynnefield Partners Small Cap Value L.P., managed by Wynnefield Capital, Inc., Wynnefield Capital Management, LLC, Wynnefield Capital, Inc. Profit Sharing & Money Purchase Plan, Inc., Jason Macari and others.	22-06-21	CI
Summer Infant Shareholders Approve Pending Acquisition by Kids2	22-06-16	MT
Summer Infant, Inc. and Summer Infant, Inc. Enter into Letter Agreement with Bank of America, N.A. with Respect to Third Amended and Restated Loan and Security Agreement	22-06-06	CI
Earnings Flash (SUMR) SUMR BRANDS Reports Q1 Loss $-1.19	22-05-17	MT
Earnings Flash (SUMR) SUMR BRANDS Posts Q1 Revenue $34.4M	22-05-17	MT
Summer Infant, Inc. Reports Earnings Results for the First Quarter Ended April 02, 2022	22-05-16	CI
Summer Infant, Inc. and Its Wholly Owned Subsidiary, Summer Infant (US), Inc. Enter into Amendment No. 2 to the Loan and Security Agreement	22-04-19	CI
Transcript : Summer Infant, Inc., Q4 2021 Earnings Call, Mar 17, 2022	22-03-17
Top Premarket Gainers	22-03-17	MT
Summer Infant, Inc. Auditor Raises 'Going Concern' Doubt	22-03-16	CI
Summer Infant to be Acquired by Kids2	22-03-16	MT
Earnings Flash (SUMR) SUMR BRANDS Posts Q4 Revenue $35.3M	22-03-16	MT
Earnings Flash (SUMR) SUMR BRANDS Posts Q4 Loss $-1.81	22-03-16	MT
Summer Infant, Inc. Reports Earnings Results for the Full Year Ended January 01, 2022	22-03-16	CI
Summer Infant, Inc. Reports Earnings Results for the Fourth Quarter Ended January 01, 2022	22-03-16	CI
Kids II, Inc. entered into a definitive merger agreement to acquire Summer Infant, Inc. from Wynnefield Partners Small Cap Value L.P. I, Wynnefield Partners Small Cap Value Offshore Fund, Ltd., and Wynnefield Partners Small Cap Value L.P., managed by Wynnefield Capital, Inc., Wynnefield Capital Management, LLC, Wynnefield Capital, Inc. Profit Sharing & Money Purchase Plan, Inc., Jason Macari and others for $26 million.	22-03-15	CI
Summer Infant, Inc. and Summer Infant, Inc. Enters into Loan and Security Agreement	22-01-31	CI
Transcript : Summer Infant, Inc., Q3 2021 Earnings Call, Nov 11, 2021	21-11-11
Summer Infant, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 02, 2021	21-11-10	CI
Earnings Flash (SUMR) SUMR BRANDS Posts Q3 EPS $0.40	21-11-10	MT
Earnings Flash (SUMR) SUMR BRANDS Reports Q3 Revenue $41.6M	21-11-10	MT
Transcript : Summer Infant, Inc., Q2 2021 Earnings Call, Aug 17, 2021	21-08-17
Summer Infant : Posts Mixed Q2 Results	21-08-16	MT

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Company Profile

Summer Infant, Inc. is an infant and juvenile products company. The Company is engaged in the juvenile product industry, providing parents and caregivers with a range of products to care for babies and toddlers. The Company markets its products in several product categories, including gates, potty, bath, entertainers, baby monitors, specialty blankets, strollers, car seats and travel systems. The Company products also include the My Travel, Potty, the 3-in-1 Sit ?N Play, My Size Lights & Songs and My Size Lights & Songs Transitions, further growing its breadth and depth of assortment that supports different consumer needs and various price points. The Company's other product brands include My Bath Seat, My Size Potty, My Size Potty Train & Transition, 3Dlite, SwaddleMe specialty blankets and others. The Company is also focused on developing its pet products under SUMR Brands. The Company also offer audio and video monitors under the Summer brand.

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Toys & Juvenile Products

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