Matt Griffin, CEO of Combat Flip Flops, forecasts the company's full-year 2016 net profit margin.
0:00 / 0:03exact quote · 3.0s
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“No, we should be at about net eight this year. Net eight percent.”
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More from Matt Griffin
Insight
Griffin: Educating Women Is Key to Defeating Radicalism
“If you really want to defeat radicalism in the recruitment base forum, you just have to educate women.”
Matt GriffinApr 18, 2016▶ 5:37Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242
AssertionContradicted
Combat Flip Flops pays a 17% tariff on Afghan imports
“I pay a 17% tariffs on all my products that I bring in.”
Matt GriffinApr 18, 2016▶ 6:48Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242
PredictionNot checkable as stated
Griffin targets $100M revenue in five years and $1B in ten
“I have an internal goal of being a hundred million dollar company in five years, and I'd like to be at a billion in 10 years.”
Matt GriffinApr 18, 2016▶ 12:51Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242
AssertionNot checkable as stated
Combat Flip Flops hit over $400,000 in sales by March 2016
“This year we're already capping 400 and change and we're in the first week of March.”
Matt GriffinApr 18, 2016▶ 2:33Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242
AssertionNot checkable as stated
Combat Flip Flops' AK-47 sandals cost $17.50 to make, $3.90 to ship
“It costs us 17 50 to make that. And right now we're air shipping in men. So that costs about three 90 to land.”
Matt GriffinApr 18, 2016▶ 3:17Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242
Disclosure
Combat Flip Flops to cut shipping costs to $0.89 via ocean freight
“By July, we're going to go over to ocean shipping. So we'll be shipping them via container and they're going to cost us about 89 cents a piece to land. So we're going to make about another three bucks on each of those per sale.”
Matt GriffinApr 18, 2016▶ 3:23Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242
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