Last 2+ years of earnings calls could basically be summed up as “we’ve made some cuts but we had some unexpected expenses and we’re looking to cut even deeper”. Last 2 calls added “and we’re looking to sell the company”. Last call added “and I’m the new CEO and I bleed milk, trust me”.
Sure would have thought we would have seen some news from new CEO about his plans to fix things even if it was really just a profile piece in disguise. (He strikes me as a Greg Engles type who sounds good talking but doesn’t ever really say anything.)
Only news since CEO took over has been “we couldn’t find anyone willing to buy” (spun as “we decided not to sell”) and a puff piece about how great it is that Dean saved a bunch of money by making it harder for employees to their health care benefits.
On point post by @114YB3Z1-1nts.