Gillette preaching against "toxic masculinity"

[hold this L]

https://ca.finance.yahoo.com/news/p-...122137193.html

8 billion dollar write down

[coin24]

I guess transmen don't buy many razors

Get woke go broke! How fu*king stupid would you have to be to shit on 99.9% of your market

[Shogon]

https://ca.finance.yahoo.com/news/p-...122137193.html

8 billion dollar write down

I'm not entirely sure I understand what their CFO even meant when he blames value of Gillette on "currency devaluation." That doesn't even make any sense... if a currency devalues, the paper value of everything goes... up... not $8 billion down... what am I missing or misunderstanding?

If the value of the dollar goes down, the dollar value of Gillette should go up by default, if everything else remains the same.

And how is he saying sales growth is up all over the place and yet their valuation is massively down? What?

[warriorfan]

I'm not entirely sure I understand what their CFO even meant when he blames value of Gillette on "currency devaluation." That doesn't even make any sense... if a currency devalues, the paper value of everything goes... up... not $8 billion down... what am I missing or misunderstanding?

If the value of the dollar goes down, the dollar value of Gillette should go up by default, if everything else remains the same.

And how is he saying sales growth is up all over the place and yet their valuation is massively down? What?

Some good ol fashioned bullshitting.

[egokiller]

A small part of the reason why they are $8 billion down is because the CFO doesn't understand what currency devaluation is, much less what net working capital or ebit is.

[stalkerforlife]

Thanks for bumping.

Reminded me not to buy them.

[fsvr54]

Mental gymnastics. Their sales are down because of their man-hating campaign . That's it. I wish someone on board would have the balls to come out a and say it.

[eliteballer]

Sales are down because no one wants to pay $10 a razor and there are alternatives now.

Schick is a much better deal.

[coin24]

Mental gymnastics. Their sales are down because of their man-hating campaign . That's it. I wish someone on board would have the balls to come out a and say it.

One of the idiots actually came out and said it was worth it to support the me too movement and inclusion / whatever the fu*k they try to justify there agenda politics as this week.

When will people learn to stop bending over for the .1% and the Simon's on Twitter?? Any time you hear the words twitter backlash you know it's complete bulshit to justify one persons ideals

[hold this L]

Sales are down because no one wants to pay $10 a razor and there are alternatives now.

Schick is a much better deal.

I agree that is part of the reason, but you seriously think that entire 8b has little to do with their campaign that flat out attacks nearly their entire market? 🤔

[Rolando]

Good.

I didn't like their ad campaign AT ALL. Screw 'em. And thanks for reminding me not to buy anything more from Gillette.

[JEFFERSON MONEY]

https://abuaminaelias.com/true-men-m...nity-in-islam/

[oh the horror]

Sales are down because no one wants to pay $10 a razor and there are alternatives now.

Schick is a much better deal.

This and their recent campaign didn