Summary. Berkshire Hathaway should consider divesting from McLane, a wholesale distribution services firm, due to its underperformance and significant pressure on margins.

Berkshire paid $1.5 billion for McLane in 2003 when it had $23 billion in annual revenue and a pre-tax margin of just 1%. Today, its pre-tax margin is 20 basis points lower at 0.8%.

BRK.B's service and retailing units fuel stable growth beyond its core insurance business, driving 36% of Q1 revenues.

Berkshire’s McLane unit had 69.7% higher profits for the third quarter and year-to-date pre-tax earnings 53.2% above 2022. The improvement in earnings “reflects increases in the gross margin ...

We came across a bullish thesis on Berkshire Hathaway Inc. on Kingswell’s Substack. In this article, we will summarize the ...

View Berkshire Hathaway Inc. Class A BRK.A stock quote prices, financial information, real-time forecasts, and company news from CNN.

Berkshire’s McLane unit had 69.7% higher profits for the second quarter and year-to-date pre-tax earnings 53.2% above 2022. The improvement in earnings “reflects increases in the gross margin ...

View Berkshire Hathaway Inc. Class B BRK.B stock quote prices, financial information, real-time forecasts, and company news from CNN.

Berkshire paid $1.5 billion for McLane in 2003 when it had $23 billion in annual revenue and a pre-tax margin of just 1%. Today, its pre-tax margin is 20 basis points lower at 0.8%. ...