Can this be true? - Stern revenue up 40% in 2016 and 30% in 2017.

(Topic ID: 206616)

Can this be true? - Stern revenue up 40% in 2016 and 30% in 2017.


By lpeters82

1 year ago



Topic Stats

  • 185 posts
  • 74 Pinsiders participating
  • Latest reply 1 year ago by Brijam
  • Topic is favorited by 1 Pinsider

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    #59 1 year ago

    I believe it. They have substantially upped the prices to consumers, reduced margins for distros and employed cost-cutting measures. Complaint threads all over pinside and many customers have lost faith. This seems to be a money today, don't worry about tomorrow philosophy. Wondering if they are trying to sell? Distros stuck with inventory.

    2018 ain't gonna look so hot I'm guessing. I love my Sterns, just don't love their current business model. They need to slow it down, burn the base and there won't be enough new blood to keep it going long term.

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