Word: profitable
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Dates: during 1980-1989
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Once a brand is established and costs are met, each extra six-pack means more profits. Two weeks ago, Anheuser-Busch reported six-month profit gains of 24% over 1981 levels while selling only 10% more beer. That showed just how large profits can be once a firm is able to swallow the huge cost of launching a national product. As one beer executive points out, the drink's ingredients cost less than the bottle or can that it comes in and the advertising that is used to sell...
...Point, Wis., which makes what a tasting panel assembled by Chicago Newspaper Columnist Mike Royko called the finest beer brewed in America; Leinenkugel of Chippewa Falls, Wis., which has been operated by the Leinenkugel family for 115 years; and Geyer Bros, of Frankenmuth, Mich., which last year turned a profit by brewing and selling a mere 4,500 bbl. of beer...
...details to public scrutiny, the bank at least made it plain that it is not in any danger of collapse, or indeed of a serious cash squeeze. Losses on bad loans are expected to increase, but healthy loans will still enable the bank to turn a year-end profit that many analysts have been predicting will reach at least $125 million. That is far more in earnings than many of Continental's customers can count...
...profit of growing pot has lured not only the leftover hippies of the 1960s but even well-educated professionals, including lawyers and stockbrokers, as well as many laid-off workers or financially squeezed farmers. Few, though, are trying-to-make-ends-meet amateurs in the underground trade. Says a Kansas police official: "Most growers around here have a lot of pride, know-how and a college degree in agriculture." Not many demonstrate excessive guilt about their lawbreaking. Says an agent for the Drug Enforcement Administration: "People don't perceive growing marijuana as being really wrong, even though...
...averaged $1.1 million a month despite monthly revenues of $3.4 million during the first six months of 1982, and CNN2's monthly losses were about $800,000 more. With the lagging U.S. economy damping down advertising revenues, Turner has abandoned his projection that CNN can make a profit this year. Turner's troubles have led many industry observers to predict that within the next year or two he will have to sell or take in a partner, or else see CNN go bankrupt (the total value of his holdings: $250 million to $300 million, says a top-rank...