Yowie Group Ltd (ASX:YOW) Issues Market Update Including Revenue Reduction and Leadership Changes
Revenue Forecast Reduction
Yowie Group Ltd has been informed by a major customer that changes to store layouts will cause up to US$1.9 million in annual revenue reduction.
Impact of US Tariffs
New tariffs imposed by President Trump affect Yowie’s costs, especially on Chinese-sourced toys, costing an estimated US$2.5 million each year.
Keybridge Capital DoCA Proposal
Yowie, a major creditor of Keybridge Capital Ltd, is evaluating a Deed of Company Arrangement that could secure 100 cents in the dollar for its A$6.7 million debt.
Leadership Transition
Leo Valle, Country Manager of Yowie North America, announced his retirement effective 30 April 2025, after eight years with the company.
Board Appointments
Yowie has appointed independent Non-Executive Directors Diesel Schwarze and Daniel Agocs to enhance governance and address debt recovery challenges.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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