Congratulations to the Board and current management for an historical achievement!
“6 consecutive quarters of Sales declines and -25% decline Q2! “
Maybe share-owners should ask them to apply for the Guinness record!
This is an achievement the Board and current management have earned and should not blame others .
Other potential corporate historical achievements subject to confirmation may potentially include:
1-Lowest average retail price 2-Longest period of Lowest share prices 3-Lowest margin 4-Lowest Advertising investment and efficiency 5-Longest period of lowest overall Sales declines 6-Highest quarterly decline (-25%) in the history of the company 7-Lowest novelty segment market share growth 8-Fastest de-listing of a new product- Discovery World 9-Highest increase in promotional discounts 10-Highest increase in service stock awards with no results delivered 11-Largest number of new hires with no confectionery experience 12-Second highest increase in inventory levels and obsolete stock 13-Potential Highest cannibalization rate on the base business driven by a new Yowie product launch-Yowie Bites 14-Most consumer complaints received in a year for poor Yowie collectable product quality 15-Longest period with no communication on new markets performance i.e. Canada, Australia etc. 16-Longest period with no communication on company Top customer performance i.e. Walmart 17-Lowest company market Cap level in the last 4 years.
Definition of insanity-“ Doing the same thing over and over again and expecting a different result” DYOR, GLTAH
YOW Price at posting:
8.5¢ Sentiment: None Disclosure: Not Held