The BIG Squeeze of 2022
The BIG Squeeze of 2022
by Danny Summers
If you were with us last Thursday for our March edition of the GROUPtalk LIVE Series, you experienced Tim Quebedeaux revealing the results from The Group's 2022 Annual P&L Study. We had a large crowd assembled for the presentation and Group Centers can see the details in the recording, now available on the 2023 GROUPtalk LIVE Series Resource page from their landing page following login.
As Tim presented each area of this year's study, I was amazed. We knew from the Weekly Department Review (WDR) that sales were down in 2022 compared to the previous year. The BIG question in most of our minds was... how much would this affect profit?