Dulce Cocina Announces Financial Updates For Their Silicone Oven Gloves

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(MoneyNewsWire.Net, November 21, 2014 ) Mountain View, CA -- Dulce Cocina, a leading supplier of innovative kitchenware including cup coasters and silicone oven mitts, has today announced the release of an audited financial report for the ended third fiscal quarter of 2014. In addition to the report, the company has also scheduled a conference call for stakeholders to be held on November 31st. Mark Henderson, managing director for Dulce Cocina will be chairing the 3-hour conference call that is intended to discuss the financial report as well as making plans for product improvements and marketing strategies for the coming quarter.

According to the financial report, the net profit for September dipped by 15% compared to that from the previous month. This is attributed to various promotions that the company was conducting throughout September. Of most importance, the company scheduled a buy-2-get-1-free promotion for the silicone oven mitts. The promotion ran for four consecutive weeks during which time $1,797 worth of oven gloves were given away.

50% of the revenue for the third quarter was collected from the sale of extra-large size silicone gloves while the other 50% of the revenue was evenly distributed between the sale of the medium-sized mitts of varying colors.

"It was a genius idea for the company to invest in the development of mitts in the extra-large size. We saw a market opportunity and went for it," Mark said. Dulce Cocina was the first company to offer silicone oven gloves in extra-large sizes.

"Although it may appear as if we had a low profit in the third quarter, we are proud of the promotions that we did, which gave us an opportunity to interact with our customers. We collected leads, and we are optimistic that the product awareness we generated during the promotional period will carry through the fourth quarter leading to more sales and an increased profit margin," Mr. Henderson said.

The company also invested in creating a website where customers can get centralized help about the project. Some of the other major undertakings during the third fiscal quarter included hiring freelancers to create promotional content for the silicone oven gloves.

About Dulce Cocina

Dulce Cocina is a leading supplier of assorted kitchenware. The company's silicone bbq gloves and coasters are backed by life-time happiness guarantee.

Dulce Cocina

Mark Henderson

+1 844-482-8757

media@dulcecocina.co.uk

Source: EmailWire.Com