Get Woke go Broke: Gillette Loses BILLIONS After Sexist and Lecturing #MeToo Razor Ads
https://www.thegatewaypundit.com/2019/07/get-woke-go-broke-gillette-loses-billions-after-sexist-and-lecturing-metoo-razor-ads/
Comments
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Honestly it's the most retarded ad campaign I've ever seen
Even hondo thought it was stupid -
Poor deej has no idea how this stuff works and unfortunately his "news" source lies to him.
Procter & Gamble Co’s (PG.N) quarterly revenue and adjusted profit beat Wall Street expectations on Tuesday, sending shares to a record-high -
Procter & Gamble reported Tuesday that it wrote down the value of its Gillette brand by $8 billion.
Despite Procter & Gamble’s write-down of its struggling Gillette brand, executives expressed confidence about the future of the shaving business.
P&G reported an impairment charge of $8.0 billion in the fiscal fourth quarter, resulting in a net loss of $5.24 billion. The one-time, noncash charge was to adjust the carrying values of Gillette’s goodwill and intangible assets.
Come on Scotty, you can get that head a little further up your ass than that.
https://www.cnbc.com/2019/07/30/procter-gamble-writes-down-gillette-business-but-remains-confident-in-its-future.html -
The only think softer than that ad campaign is thinking it cost them billions.
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Jeezus, its either libs like scotti can't read or believe the rest of us can't. Either way it makes them look stupid.SFGbob said:Procter & Gamble reported Tuesday that it wrote down the value of its Gillette brand by $8 billion.
Despite Procter & Gamble’s write-down of its struggling Gillette brand, executives expressed confidence about the future of the shaving business.
P&G reported an impairment charge of $8.0 billion in the fiscal fourth quarter, resulting in a net loss of $5.24 billion. The one-time, noncash charge was to adjust the carrying values of Gillette’s goodwill and intangible assets.
Come on Scotty, you can get that head a little further up your ass than that.
https://www.cnbc.com/2019/07/30/procter-gamble-writes-down-gillette-business-but-remains-confident-in-its-future.html -
dnc said:
The only think softer than that ad campaign is thinking it cost them billions.
- Executives attributed the write-down to currency devaluations and lower shaving frequency.
- The consumer products giant has also faced increased competition from disruptors like Dollar Shave Club and Harry’s.
- Executives attributed the write-down to currency devaluations and lower shaving frequency.
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Blob and lying Atl to the rescue! Gillette is not as valuable today as it was in 2005 because the shaving market is shrinking and direct to consumer brands like Dollar Shave Club are undercutting them, not because some ad hurt the feelings of conservatard snowflakes. Pretty smart of P&G to write down Gillette's value to 49 billion as should set it up for success going forward which is why their stock hit a record today.
In its fiscal fourth-quarter earnings report, the company said Gillette has consistently generated “significant” earnings and cash flow and continues to be a strategic business with growth opportunities.
The consumer products giant gave two reasons for the write-down. First, the company said that currency devaluations since the carrying values were first established in 2005 played a significant role.
P&G’s second reason for the write-down is the market contraction of blades and razors, primarily in developed markets. -
Dumbest fucking ad I’d ever seen. The fact that so many we applauding it was nauseating. The scene were the dad breaks up two boys wrestling at the cookout exemplified the pussificsation of America.
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I switched to Harry's. If you leftard pussies think that the woke campaign was good for sales then you definitely have the stupid vote wrapped up.
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So they are really doing great and the $8B write-off was a good thing and nothing more than a flesh wound, Got it. I knew you could put your head even further up your ass Scotty.GDS said:Blob and lying Atl to the rescue! Gillette is not as valuable today as it was in 2005 because the shaving market is shrinking and direct to consumer brands like Dollar Shave Club are undercutting them, not because some ad hurt the feelings of conservatard snowflakes. Pretty smart of P&G to write down Gillette's value to 49 billion as should set it up for success going forward which is why their stock hit a record today.
In its fiscal fourth-quarter earnings report, the company said Gillette has consistently generated “significant” earnings and cash flow and continues to be a strategic business with growth opportunities.
The consumer products giant gave two reasons for the write-down. First, the company said that currency devaluations since the carrying values were first established in 2005 played a significant role.
P&G’s second reason for the write-down is the market contraction of blades and razors, primarily in developed markets.
