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by tiffanyh 1205 days ago
> To take that hit and then beat on revenue

Revenues don’t mean anything though.

I could generate huge revenues by selling $100 gift cards for 80 bucks. But I’ll have no profit to show for it.

If their profitability was cut in 1/2 in just 1-years time, it's actually irresponsible for management to not take actions to get costs/margins under control.