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(Marketwatch)   Hostess 4Q sales rise 21% as analysts again underestimate America's love for junk food   ( marketwatch.com) divider line
    More: Unlikely, Hostess Brands Inc., Twinkie, Hostess, Brand name snack foods, Baking, nearly century-old brand, Marketing, Global Management LLC  
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177 clicks; posted to Business » on 15 Mar 2017 at 2:10 PM (30 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



9 Comments     (+0 »)
 
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2017-03-15 10:52:08 AM  
They keep making the Twinkees smaller and smaller, but they keep the price the same.  So you have to buy more Twinkees to get your Twinkee fix.  PROFIT!
 
2017-03-15 03:30:53 PM  

Sin_City_Superhero: They keep making the Twinkees smaller and smaller, but they keep the price the same.  So you have to buy more Twinkees to get your Twinkee fix.  PROFIT!


Twinkies are the same as they have always been only you have change.
 
2017-03-15 03:54:41 PM  

Cheron: Sin_City_Superhero: They keep making the Twinkees smaller and smaller, but they keep the price the same.  So you have to buy more Twinkees to get your Twinkee fix.  PROFIT!

Twinkies are the same as they have always been only you have change.


WE HAVE NOT ALWAYS BEEN AT WAR WITH EAST-ASIA
http://money.cnn.com/2013/07/15/news/companies/twinkies-size/

Cheron stop your broken language astro-turfing for Hostess.  Twinkies have shrank iteratively over the years, next you will tell us Twinkies were always vanilla cream and not banana originally.
 
2017-03-15 05:46:04 PM  
How bad was previous management to screw over a platinum mine?
 
2017-03-15 06:00:10 PM  

Splinthar: Cheron: Sin_City_Superhero: They keep making the Twinkees smaller and smaller, but they keep the price the same.  So you have to buy more Twinkees to get your Twinkee fix.  PROFIT!

Twinkies are the same as they have always been only you have change.

WE HAVE NOT ALWAYS BEEN AT WAR WITH EAST-ASIA
http://money.cnn.com/2013/07/15/news/companies/twinkies-size/

Cheron stop your broken language astro-turfing for Hostess.  Twinkies have shrank  shrunk iteratively over the years, next you will tell us Twinkies were always vanilla cream and not banana originally.


Shrink, shrank, shrunk.
 
2017-03-15 07:26:59 PM  

2wolves: How bad was previous management to screw over a platinum mine?


They had raising costs through the roof. And they didn't cut any "fat" to keep the boat afloat when America suddenly went all health conscious for a bit. Take on being sold several times over and being saddled with that debt, and one of the two unions saying "Fark you, we'll all burn together", it didn't take much to tank them.
 
2017-03-16 12:19:17 AM  

jayphat: 2wolves: How bad was previous management to screw over a platinum mine?

They had raising costs through the roof. And they didn't cut any "fat" to keep the boat afloat when America suddenly went all health conscious for a bit. Take on being sold several times over and being saddled with that debt, and one of the two unions saying "Fark you, we'll all burn together", it didn't take much to tank them.


Yea, the union totally shares the blame for not wanting to agree to another pay/benefit cut.  They took one for the team before.  Fool me once and all that.
 
2017-03-16 09:50:08 AM  

Jeebus Saves: jayphat: 2wolves: How bad was previous management to screw over a platinum mine?

They had raising costs through the roof. And they didn't cut any "fat" to keep the boat afloat when America suddenly went all health conscious for a bit. Take on being sold several times over and being saddled with that debt, and one of the two unions saying "Fark you, we'll all burn together", it didn't take much to tank them.

Yea, the union totally shares the blame for not wanting to agree to another pay/benefit cut.  They took one for the team before.  Fool me once and all that.


IIRC their management were not developing new product, nor expanding into new regions.  One of the first things Hostess did after acquiring Twinkie was to spin up China and other Asian operations.
You know who loves sugar, fat and salt more than Americans?
Rich muslim countries - (No seriously, its their thing.)
Asia - A growing middle class means you can afford to indulge.  Hence why the fast food companies got their more than a decade ago.

You could hang the union as a nail in the coffin but as always a company's failure is built board by board by management not fulfilling their obligations.  Plus the union got stiffed and the management got paid.  Any duality like that and you know who really got the raw deal.
 
2017-03-16 03:35:37 PM  

Jeebus Saves: jayphat: 2wolves: How bad was previous management to screw over a platinum mine?

They had raising costs through the roof. And they didn't cut any "fat" to keep the boat afloat when America suddenly went all health conscious for a bit. Take on being sold several times over and being saddled with that debt, and one of the two unions saying "Fark you, we'll all burn together", it didn't take much to tank them.

Yea, the union totally shares the blame for not wanting to agree to another pay/benefit cut.  They took one for the team before.  Fool me once and all that.


They opened the books to the union, straight out. They said "look, here it all is in black and white. We don't make cuts, across everyone, we're out of business." The Teamsters(drivers) said "absolutely, you're right. I'd rather have a job with no pay increase than no job at all." The baker's union, a far smaller percent of their workforce said "Fark you, you're lying. You've got plenty of money to spare" and went on strike. Well, guess how long a baking company lasts when they're already in the negative on cash reserves and aren't baking fresh product every day? So, the company got liquidated because no one wanted to deal with their mess of contracts, the formulas for sold off, and all those people who said fark you went unemployed. Yeah, not their fault they got to such a bad spot financially, sure as shiat is their fault they went under.
 
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