Thursday, July 08, 2010

Closing Q2

Stefania has been busy working on the books for Q2. A few months ago I shared our Q1 results in this blog.

We are still looking at the numbers as preliminary but they should be 99% accurate at this point. Our sales were up 8% from Q2 of last year, and that makes it a record Q2. Wholesale sales were actually up more than direct sales at 8.5% compared to Q2/09 and up over 50% from Q1 of this year. We've already passed total wholesale sales from 2009.

We are just half way though the year but it looks like we're on track for a record breaking 2010 across all our sales channels. Being conservative in projections at this point it looks like we will be up at least 40% and that wholesale sales will be up over 100%.

Our success thus far in 2010 has put me to work updating our business plan. No small task, our revised plan will top out over 60 pages! I'll have some details tomorrow.

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