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First quarter profit down over 17% — Now what?
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<blockquote data-quote="Pickles" data-source="post: 4049319" data-attributes="member: 11230"><p>Do you think the company has been saving in a separate account since August 1st for all this retro money or will this be the blame for Q2?</p><p></p><p></p><p>I have no idea about exact numbers but if the average retro check is $2000 and there’s 200,000 employees that $400 million dollars in retro checks to be sent out.</p><p></p><p>Again, these numbers are all extremely rough estimates.</p></blockquote><p></p>
[QUOTE="Pickles, post: 4049319, member: 11230"] Do you think the company has been saving in a separate account since August 1st for all this retro money or will this be the blame for Q2? I have no idea about exact numbers but if the average retro check is $2000 and there’s 200,000 employees that $400 million dollars in retro checks to be sent out. Again, these numbers are all extremely rough estimates. [/QUOTE]
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First quarter profit down over 17% — Now what?
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