Financial Analysis of Robert Mondavi Robert Mondavi Seeing that I have already made millions upon millions in my moderately successful modeling career, I have decided to turn my attention to investing my silverish in stock, in particular, Robert Mondavi. 1998 was a hard year for Mondavi, an surprising shortage of their most popular wine (Woodbridge Chardonnay- 55% of their revenues) and deposit competition from several new imported brands forced illuminate income down almost $8,000, and cut their earnings per share by 78%. For 1999, Mondavi was forced to take several actions to achieve their objectives.
This overwhelm redoubling focus on the two largest-volume brands, appointing their Chief Financial incumbent to Chief Operating Officer, doubling media expenditures to $7.3 million, taking a $6 million charge to write-off excess inventory and phase their workforce, creating Brand Teams to improve accountability and planning, and adopt FIFO form of inventory accounting to...If you want to get a cover essay, order it on our website:
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