Capstone Companies, Inc. Provides Sales Guidance for the First Quarter Ending Mar. 31, 2014
April 02, 2014 at 10:05 am EDT
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Capstone Companies, Inc. announced that it is expecting net sales for the quarter ending March 31, 2014 to be in the range of $3.0 million to $3.2 million. Highlights driving the preliminary record-breaking first quarter sales levels include: The domestic distribution model initiated in 2012, which enabled the company to capture additional large retailers and gain more shelf space year round; New product development that provides more product to push through the company's larger retailer channel.
Capstone Companies, Inc. is a holding company. The Company is a designer, manufacturer and marketer of consumer products that are designed to simplify daily living through technology. The Companyâs product line includes Connected Surfaces-Connected Chef, a purpose-built kitchen appliance tablet, which is a form factor with Google GMS operating system, with an integrated platform for cooking accessories, such as a cutting board. The Connected Chef is also designed to safely deliver and access content on mobile and Web-based platforms. The Connected Chef has a Google mobile service allowing for pre-installation of specific Google applications, including Playstore, voice assistant and YouTube. The Connected Chef also provides a cleaner and safer appliance in the cooking area. The Connected Surfaces portfolio is designed to tap into consumers' Internet of Things, wireless connected lifestyles.