Gillette loses 8 Billion
#6585925
08/01/19 05:52 PM
08/01/19 05:52 PM
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Joined: Dec 2010
Posts: 34,911 Central, SD
Law Dog
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Gillette lost 8 billion in a yearly quarter they say it's less me shaving today! LOL Sure it is and nothing to do with their toxic men ads.
Was born in a Big City Will die in the Country OK with that!
Jerry Herbst
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Re: Gillette loses 8 Billion
[Re: Law Dog]
#6585928
08/01/19 05:56 PM
08/01/19 05:56 PM
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Joined: Sep 2010
Posts: 2,239 NE
Marty B
"arbitrary noob"
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"arbitrary noob"
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NE
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Re: Gillette loses 8 Billion
[Re: Marty B]
#6585930
08/01/19 05:59 PM
08/01/19 05:59 PM
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Joined: Dec 2010
Posts: 34,911 Central, SD
Law Dog
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They still back the ads so add Stay broke!
Was born in a Big City Will die in the Country OK with that!
Jerry Herbst
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Re: Gillette loses 8 Billion
[Re: Law Dog]
#6585940
08/01/19 06:14 PM
08/01/19 06:14 PM
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Joined: Oct 2015
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mainer
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I guess they missed the memo that lesbians don't shave.
"...in a very few days we succeeded in taking over one hundred beaver, the skins of which were worth ten dollars per pound." Jim Beckwourth (1856)
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Re: Gillette loses 8 Billion
[Re: Law Dog]
#6585943
08/01/19 06:18 PM
08/01/19 06:18 PM
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Joined: Nov 2007
Posts: 9,843 St. Cloud, MN
trapperkeck
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I have to admit, I specifically shop for " other than Gillette" shaving supplies. I wonder how their corporate peers fared?
"The voice of reason!"
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Re: Gillette loses 8 Billion
[Re: Law Dog]
#6585956
08/01/19 06:51 PM
08/01/19 06:51 PM
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Joined: Aug 2008
Posts: 16,271 ny
upstateNY
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That's why I shave with my Kabar knife
the wheels of the gods turn very slowly
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Re: Gillette loses 8 Billion
[Re: Law Dog]
#6585963
08/01/19 07:06 PM
08/01/19 07:06 PM
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Joined: Dec 2006
Posts: 21,042 St. Louis Co, Mo
BigBob
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I think my 'nads just shriveled!
Every kid needs a Dog and a Curmudgeon.
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Beware! Jill Pudlewski, Ron Oates and Keven Begesse are liars and thiefs!
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Re: Gillette loses 8 Billion
[Re: Sheepdog1]
#6586073
08/01/19 09:15 PM
08/01/19 09:15 PM
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Joined: Aug 2008
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when I retire I darn sure wont be shaving. Gonna look like Chewbacca and I don't give a poot what anyone thinks. My wife has been warned. That's what I thought too.I shave more now than I did before I retired,,pretty much cause I have more time to shave now.LOL
the wheels of the gods turn very slowly
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Re: Gillette loses 8 Billion
[Re: jbyrd63]
#6586127
08/01/19 10:49 PM
08/01/19 10:49 PM
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Joined: Mar 2007
Posts: 35,175 McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
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Posts: 35,175
McGrath, AK
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Yes lot of companies losses are if the actual sales are lower than predictions. Not quite accurate. These are actual GAAP ( generally accepted accounting principles) numbers that will be included in P&G tax forms next year. P&G, the owner of Gillette, wrote down (took an expense charge) of 8 billion in "good will" on their Gillette holdings. P&G reported an ACTUAL loss of 5.49 billion for the quarter. So...... P&G had roughly a gain of 2 billion from all other sectors of their businesses and wrote off the 8 billion from Gillette to show a REAL loss of 5.49 billion for the quarter. You can't just say......"Oh we thought we would earn 5 billion this quarter but we only earned 4..........so we have a 1 billion dollar loss" . That won't fly with any body. Especially the IRS
Mean As Nails
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Re: Gillette loses 8 Billion
[Re: Law Dog]
#6586135
08/01/19 11:19 PM
08/01/19 11:19 PM
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Joined: Dec 2010
Posts: 34,911 Central, SD
Law Dog
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A loss of 5 Billion alone for a bad unneeded move should make some heads roll you would think, not like ads are done to drive folks away!
Was born in a Big City Will die in the Country OK with that!
Jerry Herbst
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