*Updated* Aero Precision Record Profits

[fast306stang]

I've been following this.

So there's several dynamics involved, taking the Reddit post at face value is one-sided.

Aero moved their entire facility earlier this year and that was a huge expense, most likely in the several tens of millions of dollars. They most likely had teething issues as well, trying to bring all their equipment back online. Not sure how far the move was, but it's possible not all the employees/skilled labor was retained.

They had a Christmas party as stated and those who attended received the ornament and gift card. They also gave out prizes, I know one guy won a really nice cooler although I don't know the brand.

They apparently spent a lot of money fighting the Anti-Gun lobby this year, I heard about it but haven't researched to know anything about it.

They spent a lot of money on R&D I would assume on their M5 rifle that failed miserably by some famous dude who's name escapes me at the moment, so their reputation has taken a hit, not sure if it's affected sales/profits.

They had a pretty massive layoff back in October as I understand it, so if I worked there I would be thankful I still had a job instead of bitching about a Christmas ornament and a gift card.

Aero doesn't have any Aerospace/Defense contracts so their profit margin isn't as built-in or guaranteed as it is with other manufacturers who have secured contracts with .gov/.mil, I would imagine that their raw materials expenses have gone through the roof, all while trying to keep their receivers/rails (among other products) reasonably priced.

Having said all that, record sales does not = record profits.

So can we confirm record profits or no? I would assume no since they had layoffs in October.

 

[Hayata]

Hey guys, I work for CZ and they took away my bonus (that I probably never got in writing) and gave me this hat and an empty can of Monster Rehab.

See? It's the CZ logo on the hat! Totally legit guys!

View attachment 5102407

Who's giving odds on how soon this one post shows up on /reddit?

 

[Moe_Fugga]

You missed the part where i said “sarcasm”. I’m not the cancel culture type

You failed to sense my sarcasm that I implied through my typing….



Haha I’m kidding. I need that make a sarcasm tag too. Can I copy yours?
*sarcasm*

 

[Asbestos]

You failed to sense my sarcasm that I implied through my typing….



Haha I’m kidding. I need that make a sarcasm tag too. Can I copy yours?
*sarcasm*

My sarcasm tag is actually trademarked. I suppose you could copy and paste it ... maybe a footnote explaining it's origin. Normally, I'd say just use it but the next thing you know, everyone will become mysteriously sarcastic. Yeah, we'd be better just following the legal channels on this one.

 

[Fatal_Bert]

Even if they made record profits there's absolutely nothing wrong with them investing those profits in new facilities products or even just giving the bosses a fat new bonus.

They offered to pay you $XXXX

You agreed to work for $XXXX

They're not your daddy that owes you a ****ing pony for Christmas. They should fire all the commies who complained.