I think the guitar division, will continue, but they will dismantle all the dysfunctional divisions separately,
as 1.2 million guitars were sold last year, it's estimated that Gibson sold close to a 1/3 to 1/2 of a million guitars.
there's no reason to think that those sales numbers will decline dramatically. it has been + or -10% of that number for 10 years,
so when corporate America can smell a profit they will not let a profitable unit or profitable division go away. it's all about the number of units that can be moved, at a 30 to 40% profit margin, that is a very successful division, the current thinking is a new owner will swoop in and buy the company's debt, essentially becoming the new owner, and will dismantle and reorganize the divisions.
it will be reformatted and and lifted as the prime jewel from the other 13 divisions that are failing.
certainly it will probably be a low turnaround year, they will streamline reboot, analyzing the profit and loss statement of that specific division.
separating divisions out of a corporation is painful.
I'm pretty sure you can continue to buy Gibsons,
as 1.2 million guitars were sold last year, it's estimated that Gibson sold close to a 1/3 to 1/2 of a million guitars.
there's no reason to think that those sales numbers will decline dramatically. it has been + or -10% of that number for 10 years,
so when corporate America can smell a profit they will not let a profitable unit or profitable division go away. it's all about the number of units that can be moved, at a 30 to 40% profit margin, that is a very successful division, the current thinking is a new owner will swoop in and buy the company's debt, essentially becoming the new owner, and will dismantle and reorganize the divisions.
it will be reformatted and and lifted as the prime jewel from the other 13 divisions that are failing.
certainly it will probably be a low turnaround year, they will streamline reboot, analyzing the profit and loss statement of that specific division.
separating divisions out of a corporation is painful.
I'm pretty sure you can continue to buy Gibsons,