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Re: How Do You All Make Revenue Forcasts?
[ QUOTE ]
"cash profits" are at least highly dependent on revenues [/ QUOTE ] Consider Wendy's: Year Revenues Operating Profit 1999 $1,603 $278 2000 $1,712 $267 2001 $1,819 $234 2002 $2,010 $263 2003 $2,191 $264 2004 $2,433 $272 (figures exclude Tim Horton's, Baja Fresh, and other ancillary brands, source: Trian's recent 13D) |
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