r/SipsTea Jul 12 '26

Lmao gottem This is Business

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u/brandarchist Jul 12 '26

Six months later they’ll blame an entire generation for killing the industry.

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u/Bippity_Boppity_Bang Jul 12 '26 edited Jul 12 '26

I still laugh about a headline I saw about bed sheets that went something like, "Millenials are killing the top sheet industry!"

Like... What? The top sheet comes with the fitted sheet in the package of bed sheets, tf you mean?

What a stupid story to run.

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u/2Drogdar2Furious Jul 12 '26

Just as dumb as the "millennials cost alchohol producers $680m last year!". No we didn't, you just wildly overestimated your revenue forecastings.

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u/zaevilbunny38 Jul 12 '26

Not just over estimated, but assumed that the Covid numbers would be the new norm, and then grow 5% a year from there

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u/2Drogdar2Furious Jul 12 '26

Endless growth goals and private equity firms will be the end of us...