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Brown Cafe UPS Forum
UPS Union Issues
UPS Profits - Where does the money go?
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<blockquote data-quote="brown_trousers" data-source="post: 1057440" data-attributes="member: 29972"><p>Companies don't need huge profit margins to be successful. Take a look at some of the most successful corporate giants and you will find that high profit margins are not a necessity to a hugely successful business. Take a business like WalMart, unbelievable growth, unbelievable profits, yet I bet they have less than a 5% profit margin. </p><p></p><p></p><p></p><p>And is there any actually mathematics to back that up, how did you calculate 10%? I wonder if UPS actually publishes profit figures separately of each of its business segments, I would bet that just the small package segment alone of UPS would show larger profit margins than the corporation of UPS as a whole.</p><p></p><p>And then...... you have to wonder how honest UPS really is about the details of their financials. We all know that UPS is an expert in manipulating "numbers" to their advantage!</p></blockquote><p></p>
[QUOTE="brown_trousers, post: 1057440, member: 29972"] Companies don't need huge profit margins to be successful. Take a look at some of the most successful corporate giants and you will find that high profit margins are not a necessity to a hugely successful business. Take a business like WalMart, unbelievable growth, unbelievable profits, yet I bet they have less than a 5% profit margin. And is there any actually mathematics to back that up, how did you calculate 10%? I wonder if UPS actually publishes profit figures separately of each of its business segments, I would bet that just the small package segment alone of UPS would show larger profit margins than the corporation of UPS as a whole. And then...... you have to wonder how honest UPS really is about the details of their financials. We all know that UPS is an expert in manipulating "numbers" to their advantage! [/QUOTE]
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