04-11-2009, 06:22 PM
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At mad scientist basement
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Join Date: Nov 2007
Location: Toronto, ON, Canada
Posts: 669
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Quote:
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Originally Posted by Carl@Semroc
..... That would mean Estes-Cox is between about $150 million and $300 million in gross sales per year now....
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Carl, you are dreaming.
Before layoffs, Estes had about 70 or so employees. Even at 250,000 in sales per employee, you would only be at about 17or so million a year in sales.
Even with your low number of 150, 70 employees would be doing over 2 million in sales per employee per year. (Not including overseas workers). Impossible. As a comparison, Hasbro (as per yahoo finance) did 5.92Billion with 29,000 employees. About $200,000 per employee.
Your logic fails because you assume they need to do 100,000 kits before it is worth while. First, no mention of how many years 100,000 kits need to be sold in. Second, you take his word for it. |