Harleys future?

[LowRyter]

The last 10 years have been horrible for the company (and they're not alone in that). The cherry picked start date of that is the recession. I was asking historically, and you seem to be ignoring:

http://getsplithistory.com/HOG

So 5 splits between 1990 & 2000 (1990,1992, 1994, 1997, & 2000).

Looks like that was a great time to hold that stock.

Now I'm not speculating we'll see that again from them in our lifetime, but I was simply pointing out it wasn't always like this past 10 years.

that would mean that $100 invested would be worth $3200.  Pretty good deal if you bought it in the '80s and sold it '00s. 

And of course, not being a Harley fan, I thought I knew better.   

[redrider90]

If WM didn't pay it's employees a living wage like you claim they wouldn't have such loyal employees.  How about proving what you said here. 

Note he difference in wages, benefits (including health care) and turn over rates. "loyal" WM employees average 44% which is the industry average whereas Costco averages a turnover 17%.
Another note read the article about WM employees receiving public assistance because the do NOT make a living wage. Earning above the minimum wage does not mean WM employees  are making a living wage.
Costco employees do not receive public assistance.
See "Workers At This Giant Retail Company Are Really Happy With Their Pay"
https://thinkprogress.org/workers-at-this-giant-retail-company-are-really-happy-with-their-pay-817205eaa672

From Forbes hardly a left wing journal
Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance
https://www.forbes.com/sites/clareoconnor/2014/04/15/report-walmart-workers-cost-taxpayers-6-2-billion-in-public-assistance/#7208cf0a720b

Another article from Forbes
Walmart Pays Workers Poorly And Sinks While Costco Pays Workers Well And Sails-Proof That You Get What You Pay For
https://www.forbes.com/sites/rickungar/2013/04/17/walmart-pays-workers-poorly-and-sinks-while-costco-pays-workers-well-and-sails-proof-that-you-get-what-you-pay-for/#19db67e46cdf


Also From the Harvard Business Review
https://hbr.org/2006/12/the-high-cost-of-low-wages
Though the businesses are direct competitors and quite similar overall, a remarkable disparity shows up in their wage and benefits structures. The average wage at Costco is $17 an hour. Wal-Mart does not break out the pay of its Sam�s Club workers, but a full-time worker at Wal-Mart makes $10.11 an hour on average, and a variety of sources suggest that Sam�s Club�s pay scale is similar to Wal-Mart�s. A 2005 New York Times article by Steven Greenhouse reported that at $17 an hour, Costco�s average pay is 72% higher than Sam�s Club�s ($9.86 an hour). Interviews that a colleague and I conducted with a dozen Sam�s Club employees in San Francisco and Denver put the average hourly wage at about $10. And a 2004 BusinessWeek article by Stanley Holmes and Wendy Zellner estimated Sam�s Club�s average hourly wage at $11.52.

On the benefits side, 82% of Costco employees have health-insurance coverage, compared with less than half at Wal-Mart. And Costco workers pay just 8% of their health premiums, whereas Wal-Mart workers pay 33% of theirs. Ninety-one percent of Costco�s employees are covered by retirement plans, with the company contributing an annual average of $1,330 per employee, while 64 percent of employees at Sam�s Club are covered, with the company contributing an annual average of $747 per employee.

Costco�s practices are clearly more expensive, but they have an offsetting cost-containment effect: Turnover is unusually low, at 17% overall and just 6% after one year�s employment. In contrast, turnover at Wal-Mart is 44% a year, close to the industry average.


And finally a few examples of wages.
WM hourly wages for lots more see 
https://www.glassdoor.com/Hourly-Pay/Walmart-Hourly-Pay-E715.htm

Averages for some positions Virtually in all positions Costco our performs WM.
Sales Associate 1,525 salaries $9.40 hourly
Walmart Cashier 1,172 salaries $9.30 hourly
Guest Service Team Member - Cashier 851 salaries $9.17 hourly
Overnight Stocker 585 salaries $10.12 hourly
Certified Pharmacy Technician 350 salaries $13.25 hourly

Costco (note all Costco full time employees get health care and paid leave. Not so at WM.)
https://www.glassdoor.com/Hourly-Pay/Costco-Wholesale-Hourly-Pay-E2590.htm
Front End Assistant 207 salaries $12.55 hourly
Cashier Assistant (Front End Assistant) 141 salaries $12.84 hourly
Cashier 138 salaries $14.48 hourly
Certified Pharmacy Technician 45 salaries $17.97 hourly

[LowRyter]

Getting into Walmart.  My brother with the new Corvette and new Beemer Exclusive motorcycle is the Walmart Manager of the Year. 

Basically he's the number one store manager in USA as awarded at the Walmart Conf in Orlando last month.   I am talking among tens of thousands of 5,000 stores.

[Lannis]

Costco�s practices are clearly more expensive, but they have an offsetting cost-containment effect: Turnover is unusually low, at 17% overall and just 6% after one year�s employment. In contrast, turnover at Wal-Mart is 44% a year, close to the industry average. [/b][/u][/i]

This.   

Paying people a wage that will encourage them to stay, encourage them to show up for work and do a good job, and therefore does NOT cause the company to incur the huge costs of training (not just how to do the job, but safety, harassment, and all those other things) and inefficiencies associated with high turnover is the right way to manage.

It's just good business.  HOWEVER, (and with apologies to any accountants here) once the Green Eyeshades start running the business, with no regard to ANYTHING except "We're paying too much" and no attempt to manage anything except a spreadsheet, the company is on its way out .... Seen it happen in my own career, and Fay has seen it happen in some of the small businesses she's helped out.

Lannis

[rocker59]

Getting into Walmart.  My brother with the new Corvette and new Beemer Exclusive motorcycle is the Walmart Manager of the Year. 

Basically he's the number one store manager in USA as awarded at the Walmart Conf in Orlando last month.   I am talking among tens of thousands of stores.

So he's the poor schmuck who put in the most unpaid over time last year, huh??  LOL!

Oh,  from The Google:    " In 2017, there were a total of 4,672 Walmart stores throughout the United States...  Walmart operated a total of 11695 stores throughout the world."

[Rough Edge racing]

 Walmart is only obligated by law to pay minimum wage...Most of the jobs there require entry level skills....If people think they don't pay enough ,then find another job...If Walmart's can't find enough workers they will then raise the rate of pay...

[LowRyter]

OK Rock, my bad.  He's the top of 5,000 stores.  For some reason I thought the international number was number of stores in the USA. 

He ran a Market before taking a SuperCenter.   He was a test store for online purchase and store delivery.  Basically you can in order online and they have it ready for pick up.  He made the whole concept work. He also has loyalty from his employees. 

I really didn't want to get into Walmart (pro and con) but to blow the horn for my little bro.

[Lannis]

Walmart is only obligated by law to pay minimum wage...Most of the jobs there require entry level skills....If people think they don't pay enough ,then find another job...If Walmart's can't find enough workers they will then raise the rate of pay...

That's right .. but WalMart is banking on enough people being around to take their jobs, even if they find out they're getting paid peanuts and they quit.

And it's working for them.    People in my little town were almost crying with joy when a WalMart came here 4 or 5 years ago, about like they did when they put up the first traffic light.

"We've finally made it!   We're on the map!   We have a WALMART!  Thank God, finally".

WalMart could station someone at the door to kick every customer that comes in the door square in the ass, and people would still come pouring in and spending their money.   It's The Promised Land ....

Lannis

[oldbike54]

 OK fellas , these Wal Mart discussions always go south pretty quickly , let's not go there, agreed . They are what they are , and it might be important here to remember that
Mrs. Wild Guzzi is an executive with the company . One thing to torque off Rocker , Luap, or me , but you REALLY , and I MEAN REALLY , don't want to get that nice lady on your case . Get it , got it , good .

 Dusty

[Rough Edge racing]

That's right .. but WalMart is banking on enough people being around to take their jobs, even if they find out they're getting paid peanuts and they quit.


 

Lannis

 The secret of their success I suppose.....

[Lannis]

OK fellas , these Wal Mart discussions always go south pretty quickly , let's not go there, agreed . They are what they are , and it might be important here to remember that
Mrs. Wild Guzzi is an executive with the company . One thing to torque off Rocker , Luap, or me , but you REALLY , and I MEAN REALLY , don't want to get that nice lady on your case . Get it , got it , good .

 Dusty

Well, that's a good point ... it's one thing to say "What an ugly custom bike that is!" but it's another to say "Is that your dog or your girlfriend?   Wow, she's ugly".   We don't do the latter.

The positive from this is that it's great marketing information.   "Hey, here's some geezers in red suspenders, and LISTEN to what they're saying about WalMart!    This bit here, it couldn't be true by any chance could it?   Check with accounting and see ..."

Lannis (The only thing worse than being talked about is NOT being talked about ... Oscar Wilde, I think)

[sib]

(The only thing worse than being talked about is NOT being talked about ... Oscar Wilde, I think)

I think it was Anna Nicole Smith who explained to her distraught mother that "in my business, any press coverage is good press coverage."

[Lannis]

I think it was Anna Nicole Smith who explained to her distraught mother that "in my business, any press coverage is good press coverage."

Although Oscar Wilde is not necessarily a very good source of wisdom, I'm VERY relieved that I didn't know what Anna Nicole Smith said to her mother .... 

[rocker59]

Although Oscar Wilde is not necessarily a very good source of wisdom, I'm VERY relieved that I didn't know what Anna Nicole Smith said to her mother .... 

LOL!   

[Tom]

Modern living through chemistry???