Stephen Molchan
Meera Patel
Steven Milko
Strategic Management
Shareholder’s Report – Grounded
April 24th, 2017
Shareholder’s Report
Grounded Footwear Corporation
Introduction to Grounded Footwear Company:
Grounded Footwear Company is a company that helps the everyday athlete
become their true self through affordable and quality footwear. Grounded Footwear has
seen much of our success in the internet and wholesale markets and will strategically
position itself to grow in these areas in the upcoming years. In year 11 Grounded
started off strong with a stock price of $46.20 and an earnings per share of $3.42.
Unfortunately due to high costs we were unable to keep with market goals and suffered.
In the later years during years 18 through 20 Grounded repositioned themselves in the
market in order to grow and reach investor expectations. In year 20 Grounded had a
stock price of $37.21 and an earnings per share of $3.03. As you can tell these
numbers are not above where we were in earlier years. The company faced some
issues during the middle years, years 13-17, and were able to bring the price of the
stock up substantially from where it was. In order to reach our company goals and stay
true to our vision and mission, we continuously reevaluate our strategic approach to the
market and how we are positioned.
