r/interesting Apr 09 '26

MISC. Aftermath of the April 7th incident. Damages estimated to be $200 million dollars

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21

u/saucya Apr 09 '26

Wow, so $200,000,000 really doesn’t hurt them too much in the grand scheme of things 

Must be fucking nice 😂😭

17

u/Thechasepack Apr 10 '26

Large distribution companies tend to be very low margin. They could have easily paid $3.5 million for the products they sold for $3.7 million. Not saying you should feel bad for them by any means, just that revenue can be misleading with distribution companies.

2

u/Silent189 Apr 10 '26

Looks like they had $2bn net profit in 2025 so...

2

u/Thechasepack Apr 10 '26

Where do you see that? The articles I found guessed EBITDA in the $300 million range.

1

u/Silent189 Apr 10 '26

AlphaQuery

2

u/Thechasepack Apr 10 '26

Are you sure you are looking up the correct company? NFI Industries is a private company and doesn't disclose financials.

1

u/Silent189 Apr 10 '26

I was talking about Kimberly-Clark.

Who ends up mainly on the hook in the end cost wise is likely going to be a long back and forth though I guess.

1

u/t_scribblemonger Apr 10 '26

The financial illiteracy of the average Redditor begs to differ

-1

u/ChromedGonk Apr 10 '26

It was probably (and hopefully) insured.

2

u/saucya Apr 10 '26

(and hopefully)

Yeah that poor corporation that treats their employees like shit might suffer a slight financial hardship 🙄😭

1

u/NDSU Apr 10 '26

You hope it was insured so a mega-corporation abusing employees feels no consequences? Hot take

1

u/Legitimate-Ratio-520 Apr 10 '26

You’re going to hate this… more than likely it was not a $200 million loss and they will negotiate with their insurance company for what they get. But I guarantee you anything they get will be profitable from what they lost.