It is par for corporate America to blame the winter weather on decreasing sales, lower earnings growth, etc. I guess winter is a novelty these days and there was never a winter in history that exhibited winter weather behaviour!
Here are more excuses for CFO's, CEO's and COO's in American corporations!
"Climate change clearly hit us awfully hard"
"Summer was clearly awfully hot, we needed extra time to put on sun screen,
which is why efficiency was down and operating costs up"
"Night was awfully dark, the moon didn't shine as expected"
"Rain was terribly wet and roads were slippery (forgot my umbrella a lot of
times), therefore revenue down"
Liars abound and the SEC sits idly by.
Retired CEO of CHIPPEWA PARTNERS, Native American Advisors, Inc., now CEO of the Parisian Family Office. A White Earth Chippewa, Dean helped Native Americans for decades. Raised conservative, began Wall Street career in 1982, met game changer William O'Neil in 1984. In a world on a dopamine, hypomanic binge, this is his take on financial chicanery, political crime and life well lived at their Ghost Ranch in MT or Pamelot, the Parisian's TN farm.
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