Yesterday by MF.
The Yowie Group Ltd(ASX: YOW) share price has plunged 10% to another multi-year low of 23 cents. The confectionery company’s shares have now lost 27% of their value since the release of its latest quarterly result. Although Yowie delivered revenue growth of 23% in the fourth-quarter, it fell short of the 37% growth guidance given on June 21 when there were only nine days remaining in the quarter. Ultimately this led to the company missing its full-year guidance, which it had downgraded no less than three times throughout the year. This is another company I would suggest investors avoid
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