Patrick Schumann
Patrick Schumann
barriers certainly environment low months profitable six successful
It's a challenging environment, very competitive low barriers to entry. For them to get the first one successful or profitable in six months is certainly a commendable feat.
campbell charge earnings highly members
That's a little unnerving to me, more so than the charge or earnings warning. He was one of the members of Campbell that was highly regarded.
begin believe change companies consumer economies flow lower operate operating scale stores strong via
If you do see some changes, there could be some operating efficiencies and economies of scale that flow through to the consumer via lower prices. But I do believe that they're going to operate the way that these companies have operated. They have very strong stores to begin with?so the consumer shouldn't see too much change at the beginning.
focusing growth higher larger lean lines product prudent strategy towards
They're focusing on their stronger, larger brands, and I think that's a prudent strategy for the long term. I think they'll lean towards the higher growth product lines but will take a long time.