liquid nutrition group inc (LQNGF) Key Developments
Liquid Nutrition Group Inc. Reports Sales and Operating Results for the Twelve Months of 2013; Provides Sales Guidance for the Full Year 2014
Jun 11 14
Liquid Nutrition Group Inc. reported sales and operating results for the twelve months of 2013. For 2013, the same store sales for stores opened more than 12 months was up 38%. For 2012, these same stores were up 22% over 2011.
The average gross sales per selling square foot for 2013 was $709 per square foot, up 16% from $612 per square foot in 2012.
For 2014, this group of stores is forecasting a minimum sales increase of 10% over 2013.
Liquid Nutrition Group Inc. Proposes Amendment to its Articles of Corporation
Jun 10 14
Liquid Nutrition Group Inc. proposed the amendment to the articles of the corporation so as to change the province in which the registered office of the Corporation is situated from Ontario to Québec, and provide for a French version of the corporation's name in the annual general meeting to be held on June 26, 2014.
Liquid Nutrition Group Inc. Announces Management Changes
May 12 14
Liquid Nutrition Group Inc. announced appointment of Ms. Chantal Chamandy as its Chief Executive Officer and Mr. Greg Chamandy as its Chief Financial Officer, effective immediately. Ms. Chamandy is replacing Mr. Chamandy as Chief Executive Officer of the Corporation. She retains her roles as President and Chief Marketing Officer of the Corporation, which she has held since August 21, 2013. Mr. Chamandy, who is also Chairman, had previously been acting as interim Chief Financial Officer of the Corporation since August 12, 2013.
Liquid Nutrition Group Inc. to Open First Store in the United States on July 14, 2014
May 6 14
Liquid Nutrition Group Inc. announced that it has commenced construction at its first location in the United States. The store which is located at 368 North Camden in Beverly Hills, California is scheduled to open on July 14, 2014. Southern California has been identified by the company as the market that it is planning to launch its US franchising program in. The Beverly Hills store, which is a Corporate store, will serve as the location to showcase the brand for consumers as well as for prospective franchisees.
Liquid Nutrition Group Inc., Annual General Meeting, Jun 26, 2014
Apr 4 14
Liquid Nutrition Group Inc., Annual General Meeting, Jun 26, 2014., at 10:00 US Eastern Standard Time. Location: Chez Swann Hotel. Agenda: To receive and consider the financial statements of the corporation for the fiscal year ended December 31, 2013 and the auditors' report thereon; to elect directors; to appoint auditors and authorize the directors to fix their remuneration; to adopt a special resolution authorizing an amendment to the articles of the Corporation so as to change the province in which the registered office of the corporation is situated from Ontario to Québec, and provide for a French version of the Corporation's name; and to transact such other business as may properly be brought before the meeting.