NAME: Retalix
2007 VARBUSINESS 500 RANK: 200
CEO: Barry Shaked
TICKER: RTLX
STOCK PRICE JAN. 2, 2008: $13.29
STOCK PRICE MARCH 31, 2008: $14.48
PCT. CHANGE: 9%
SPECIALTY: Provides integrated enterprisewide software solutions for the food and consumer goods retail and distribution industries.
FINANCIALS: In its most recent quarter, the company CEO noted that Retalix' had record revenue, but did not meet bottomline goals. The company has struck a number of new deals globally with supermarket chains, but in 2008 will focus on improving performance and profitability. The fourth quarter fell short of expectations primarily due to a three-license deal, which did not close as expected The company has very little debt and expects total revenue for the full year 2008 to exceed $232 million, and a gross margin of approximately 51 percent.
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