All, can anyone shed some light on an issue which I believe prevents BEAM from being as sucessful as it could be? While reviewing basic info I found that BEAM has 6 times as many employees as BF-A, a company with approximately 25% higher market cap, and roughly the same number of employees as DEO, a company with more than 5 times the market cap. Does BEAM have an excess of employees? Does this effect the margins and profitability as compared to BEAMs competitors?
Based on the 6 times Brown-Forman number you mentioned:
The employee numbers you are looking at for Beam, Inc are from their Fortune Brand days (back when Fortune Brands had a liquor division, a golf division, and a home and security division). Now that Beam is a separate company, they don't have anywhere near that many employees.