USA drop could presumably be explained by the inventory transition to a new label (which I still think is ill-timed and unnecessary).
A drop of 19% in sales for Australia with no explanation is concerning.
China Q1 sales really should be much stronger based on number of O2O stores they have added distribution in. The number of stores they are in increased by 67% but their sales increased by 15% - that should raise some red flags.
BUB Price at posting:
12.3¢ Sentiment: None Disclosure: Not Held
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