I was discussing Furniture Manufacturer profits with Walt
who made the claim that profits were in the 75% range. Here's some real numbers for 3 publicly traded companies from the October 2005 issue of ValueLine, which is the latest issue I have since I stopped subscribing late last year. All numbers are for Fiscal Year 2005.
|Name||Symbol||Sales(Mil)||Profits (Mil)||Profit Pct|
The Securities and Exchange Commission
will have more up to date numbers.