Sales results were good in many low-margin non-wireless categories however, we experienced lower sales in high-margin categories. In addition, wireless sales and profits were below our expectations. The poor fourth quarter performance caused us to take a much deeper look at the state of our business and resulted in the launch of a turnaround plan including the significant fourth quarter inventory write-down.
Quotes about low-margin (12 Quotes)
This is a low-margin industry, and while IT has always created a competitive advantage on the engineering side, on the building side, we are only recently seeing the benefits from large investments in IT.
Generally speaking, logistics services is a low-margin business and driving profitable growth is becoming increasingly difficult.
We drove strong sales in satellite radio, MP3 players, and digital imaging three of the categories on which we focused our resources the most during the holiday season. Sales results were higher in these low-margin non-wireless categories however, we also experienced lower sales in high-margin categories.
You have new competition that wasn't there five years ago, you have what was historically a relatively low-margin business that is subject to commodity volatility.
The turnaround will continue, ... People like the Playboy brand so Playboy can license the name and bunny logo and sit back and collect checks. It's a complete change from the low-margin publishing business.
Neither of those companies makes a significant portion of their money in the segment. It's a low-margin business. It's not bad business, but it's not going to move the needle more than a big defense contract, (or) maybe even a medium-size defense contract.
This sale is part of Colgate's ongoing strategy to de-emphasize and eliminate low-margin portions of the business while focusing on our high-margin, fast-growing oral, personal and pet care businesses.
Investors are asking if the emperor has clothes. Once they spin off Palm, they are stuck with businesses that are low-growth and low-margin. Investors want to know what this company is going to do for an encore.
Generally speaking, it was high-volume low-margin business which saved the day for Nokia.
Both the wholesale and retail environment for consumer electronics is very tough, ... This is a brutal, competitive, low-margin business. Industry sales are struggling to grow because it's a saturated market with too many products.
The most profitable categories of the business saw a sales decline in the fourth quarter. We saw very significant low-margin category growth, but frankly the dollars were simply not large enough in terms of gross profit dollars to offset the other things that were happening in the business.