Fiscal 2013 Results Drive USA800 Stock Price Higher
Feedback on our company valuation from Stern Bros has determined the fair market value of USA800 stock as of Sept 30th 2013 to be $411.40, an increase of 6.47% over the previous year's valuation of $386.40. Congratulations on the growth! The valuation is determined based on audited financial results of USA800 at year end and is the results of financial performance, market conditions, and estimates of the health and prospects of the company. This valuation is used to determine the price per share of USA800 stock for purposes of ESOP awards and repurchase obligations.
Several financial factors which impacted the results included:
Past performance does not guarantee future returns and our continued growth in revenue and profit will be necessary to help the growth of our company, opportunities for individuals, and future returns for USA800 Employee Owners. Working together with a shared commitment to customers, we all own the company and share in the continued success of USA800. Congratulations!
Chief Operating Officer & CFO