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Harbor Freight Tools 2021 Black Friday Ad
November 20, 2021 at
08:30 AM
Harbor Freight
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Last Edited by widgit November 21, 2021 at 03:53 AM
https://flyer.harborfre
QA Note: Link to the ad on Slickdeals Black Friday page, which also has a pdf option for logged in users
https://slickdeals.net/coupons/harbor-freight/black-friday-deals/#ad-scan-97222
QA Note: Link to the ad on Slickdeals Black Friday page, which also has a pdf option for logged in users
https://slickdeals.net/coupons/harbor-freight/black-friday-deals/#ad-scan-97222
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there are no sales on the other toolboxes
What a crock.
They made $5B because of the coupon. I haven't stepped foot in a HF for over a year. If I am like $50 spend annual x 40 million Americans = $2B less in revenue and maybe $200 Million in profit (with 10% markup).
I'd like to see their inflation adjusted profit for 2020, 2021, 2022.
What a crock.
They made $5B because of the coupon. I haven't stepped foot in a HF for over a year. If I am like $50 spend annual x 40 million Americans = $2B less in revenue and maybe $200 Million in profit (with 10% markup).
I'd like to see their inflation adjusted profit for 2020, 2021, 2022.
HF leadership doesn't care how much you spend. The company doesn't need to turn a profit for the owners to make money. The company takes out loans and the owners use a portion of the loan to pay themselves a dividend. Then they get a bigger loan to refinance the previous loan and pay out another dividend. They repeat every few years borrowing billions each time.
To me HF no longer serves a purpose unless you can't wait for something online to be delivered, other than that their products are just more expensive disposable products, I'll pay more I might as well get something that will last long term.
What a crock.
They made $5B because of the coupon. I haven't stepped foot in a HF for over a year. If I am like $50 spend annual x 40 million Americans = $2B less in revenue and maybe $200 Million in profit (with 10% markup).
I'd like to see their inflation adjusted profit for 2020, 2021, 2022.
Sign up for a Slickdeals account to remove this ad.
Truthfully, you don't know either until the sales numbers come out. They don't lie.
If their profits are still $5B or more, then I am wrong and all the devil customers/people who used to go because of a coupon for cheaper tools and accessories definitely did not make a bulk of their customers. IMO, if a substantial number (25-50% of their customers used to go because of the coupon or free tarp) is the case, then it will be reflected in their sales...if they care. They may not care. $2B revenue may be enough for them, but YOY revenue will be lower.
What a crock.
They made $5B because of the coupon. I haven't stepped foot in a HF for over a year. If I am like $50 spend annual x 40 million Americans = $2B less in revenue and maybe $200 Million in profit (with 10% markup).
I'd like to see their inflation adjusted profit for 2020, 2021, 2022.
They don't make 5 billion a year, they had revenues of 5.1 billion for the fiscal year ending in July 2021. They are privately owned so we don't know what kind of profit they show on that.
Truthfully, you don't know either until the sales numbers come out. They don't lie.
If their profits are still $5B or more, then I am wrong and all the devil customers/people who used to go because of a coupon for cheaper tools and accessories definitely did not make a bulk of their customers. IMO, if a substantial number (25-50% of their customers used to go because of the coupon or free tarp) is the case, then it will be reflected in their sales...if they care. They may not care. $2B revenue may be enough for them, but YOY revenue will be lower.