Evidence receipt / prediction
Published · transcript-backedBen Gilbert: prediction
16 May 2022 Acquired Arena Show Part II: Brooks Running (with CEO Jim Weber)
“I think that's the last time Brooks has taken outside capital.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- prediction
- Recorded
- 16 May 2022
- Publisher
- Acquired
Transcript context
…To recapitalize it. I think that's the last time Brooks has taken outside capital. Absolutely. We saw a higher margin business and we benchmark against all the public companies. We’re asset-light, it's really an inventory and receivables business, and there's a reason we only have one store at our headquarters. We think it's an advantage for us right now in the development of our brand. But if you have high margins and good flow through operating profits in the teens and you're incremental, obviously capital, you can flow cash growing 20%, 30%, 40%. We haven't needed dollar of capital since 2001.…
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