April 19, 2023 Toward the end of the first quarter of 2023, the economy began to show signs of inflation tempering without too much damage done to the consumer. Retail sales were on plan as we began the year but uncertainty as to the strength of the consumer loomed. Sales slightly exceeded plans at CR…
February 6, 2023 In the fourth quarter of 2022 historically high inflation continued. Throughout the year, we raised prices where possible. In 2022 we were locked into catalog prices at the Amana Meat Shop and had contracted wholesale prices at the Amana Furniture Shop, which hurt margins during the early part of the year. December…
October 24, 2022 In the third quarter of 2022, we began to experience the impact of historically high inflation. To offset the effect, we continue to raise prices. The organization is in a strong financial position. We remain watchful of the overall health of the consumer as interest rates have risen and inflation is at…
July 23, 2022 The first half of 2022 was successful in terms of sales growth. We continue to raise prices to offset inflation in the market. The organization is in a strong financial position. The one concern as we get further into 2022 is and will remain the overall health of the consumer as interest…
April 22, 2022 The first quarter of 2022 was successful in terms of sales growth. We continue to raise prices accounting for inflation in the market. The quarter got off to a solid start. The one concern as we get further into 2022 is and will remain the overall health of the consumer, as interest…