Gary's backlog is going to wither away once Deeproot gets that octo-manufacturing going! They are planning to produce more pins in 2019 than any manufacturer has done before!
(Topic ID: 279931)
Linked Games
Jurassic Park (Premium)
Stern, 2019-
Star Wars (Pro)
Stern, 2017
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Quoted from seenev:Seems kind of odd to be bragging about doing so well during the pandemic when they took PPP money just a few months ago.
Just about everyone took PPP money that could get it. It was free money...they were stupid to not apply for it. And just because Stern has a huge order backlog now does not mean they didn't have bills to pay while the factory was shut down and unable to produce income.
After calling around looking for an in stock Jurassic Park pro, it sounds like distributors won't be seeing more until November-December. Lots of them show being in stock, but when you call...they do not have any.
Quoted from mcvetyty:Damn. That's a $33 Million in revenue if you use the pro price. Assuming their markup is 50%, that's a nice chunk of profit. Glad to see the industry is doing pretty well, even if Gary is completely lying!
Profit margin isn't anywhere near 50%.
One distributor did tell me that Stern is still only running at 50% output...so that is part of the problem.
Quoted from chuckwurt:Has stern gone back to full capacity? I can see if they have a reduced capacity (say 50 games a day), that has certainly contributed to the back orders.
Assuming no covid limitations they had capacity for 115 games a day.
A very large distributor told me today that Stern is running at 50%.
7 months later
Quoted from CrazyLevi:Not sure why anybody takes anything Gary says seriously. He's not exactly the most reliable source when it comes to this stuff.
Rule of three...take his number and divide by 3.
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