The company is going to have to do a lot to make up for the lost revenue of its divested business segments (candles & glassware and automotive). These segments used to represent 33% of the company's total revenue. The company will have to start producing and selling much more of its current products and invest in R&D to make new products in order to make up for the lost revenue.
The company is going to have to do a lot to make up for the lost revenue of its divested business segments (candles & glassware and automotive). These segments used to represent 33% of the company's total revenue. The company will have to start producing and selling much more of its current products and invest in R&D to make new products in order to make up for the lost revenue.
Rising commodities prices will force the company to raise the prices of its products and lose customers who are looking for a bargain in this time of economic uncertainty
90% of the company's sales is within the United States. If the current US economic crisis turns into a long term economic slowdown or simply continues worry investors and consumers, the company will most certainly lose revenue as it has no real foreign source of income. It doesn't seem like the company has any interest in expanding internationally eithier.