Capstone Companies, Inc. Provides Sales Guidance for the Month of October 2013 and for the Fourth Quarter of 2013
October 28, 2013 at 09:45 am EDT
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Capstone Companies, Inc. provided sales guidance for the month of October 2013. For the month, the company is expecting net sales to be in the range of $3.4 million to $3.6 million.
Driven by improved backlog levels entering the fourth quarter of 2013 when compared with the prior-year period, fourth quarter 2013 net sales are expected to show significant improvement over net sales of $2.4 million in the prior-year period.
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.