Licious's revenue projection was off by a...mere 50%. As a result 100 ppl lose their jobs.
Makes you wonder what models do analysts and business people use in such companies.
Jordon Gabriel
Stealth
9 months ago
50 f*ing percent!
What are they having 😲
Matilda Carmden
Stealth
9 months ago
Free-range chicken, hence, revenue projection is in free fall.
Kalan Hyrum
Stealth
9 months ago
In an industry where the gross margins in an end to end owned supply chain are upwards of 60%, the only metric you have to focus on is growth
And they’re off by 50% here? :/