Originally Posted by
Frostwind
Specifically, it is estimated that if the one-off charges and sales reductions to reduce inventory in the trade were backed out for this year, the business would record annual revenues in the order of $1.3 billion with an EBITDA margin percent in the low to mid-twenties.
No need to panic, growth will resume as soon as COVID is under control, and we are at the edge of that, along with resumption of international students/travel. The demand for foreign brand in China remains strong ( Look at Tesla's sales ) .
This whole thing is just new CEO kitchen sinking expectation, so they can easily beat it later, time to scoop up the shares today!!