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Transcripts For CNBC The Profit 20240713

This. Lets go to work. Is the profit. In 2010, lifelong friends trevor jones and Travis Lubinsky founded flex a watch company with a cause. Trevor we make watches that give back. Every purchase helps provide meals for children in need. Lemonis with their positive message, a reasonable price point, and bright, fun colors, the company stood out in a crowded field. Travis the watches are actually all gonna be interchangeable. Its also a great upsale opportunity. Lemonis and soon, sales were approaching the Million Dollar mark. Travis the components will be here in two weeks. Theres half a Million Dollars of these watches sitting around. Lemonis but when flex started introducing new styles, customers stopped buying. Travis what orders do you need to fill . Brad i mean, no ones committed yet. Travis this is ridiculous, bro. Lemonis now their revenue is in free fall, and their once healthy profits have turned into mounting losses. I have been looking for an accessories business to pair with

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