Why you don't want to work for or invest in CPI Corp. Updated as it comes in.
I'd like to send a big shout out to Neil and his boss Cindy! Thanks again for firing me- I never knew life could be so great!
The company is only making 88% of its projected sales, even with those numbers having been reduced 10% from last years' sales. At our conference call on Friday, we were told that we might not have jobs this time next year in the portrait studio....and that if we don't want the company to fold, we need to be working all weekend every weekend.Oh yeah, and our manager just quit, leaving me in the lurch with little to no idea what to do, and five positions to staff and train in time for the holidays. Great.
Check their 10k's filings with the gov't. They did make a profit last quarter but are hoping for a good Christmas to make a profit for the year. They will lose money again for the year if it is a bad Christmas.
It will be a bad Christmas. Because bad things happen to bad people.
The last time I looked at the scorecard, it was lower than 88% and the profit rate was only in the 40%-49% range.
lol at the shoutout AND the bad things happen to bad people. the ivory tower should get its foundation kicked out from under it for xmas.
3.99 sheets flyer. discuss.
I use the $3.99 sheets to get ppl out of the pkg. I tell them its a 'Back 2 school special' or 'Fall Special' & next it will be a 'Christmas Special'
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