I think the top executives of Brunswick probably did the right thing for Brunswick. Things might have gone differently if they had sold off the billiard/bowling stuff four decades earlier, or maybe five. That part of the company had little chance to get resources when it was under 10% of sales and stagnant. When they finally sold it, I think it was down around 2%.... A true leader in that firm would have pushed for longer term investment - nope - all over again they just chased quick table sales until the bottom started to drop off- get it while you can mentality.
My point was that they watched the pool resurgence of the early/ mid 60s die out - I’m sure that in the mid 60s pool related products boosted Brunswick profits far more than 10% of total corporate earnings.I think the top executives of Brunswick probably did the right thing for Brunswick. Things might have gone differently if they had sold off the billiard/bowling stuff four decades earlier, or maybe five. That part of the company had little chance to get resources when it was under 10% of sales and stagnant. When they finally sold it, I think it was down around 2%.
Red Label means the red label is red.What does all of this label stuff mean?
And will my new Diamond Professional be a red label? blue label? some other kind of label?
What's the difference here?
r/DCP