Did cookie Kahuna go out of business?

Did cookie Kahuna go out of business?

Cookie Kahuna went out of business. Later Wally Amos started concentrating on his other cookie brand Aunt Della’s Cookies.

How did Famous Amos lose his money?

Amos knew little about business basics and failed to hire managers who did. By 1985, the year before America’s free-market President was hailing him as a hero, his company lost $300,000 as revenue slipped to $10 million.

How much did Wally Amos make?

The New York Times details how the Famous Amos founder lost it all. Even though 1982’s revenue topped $12 million (the equivalent of nearly $36 million in 2022), the revenue dropped down to only $10 million only three years later, and the company posted a loss of $300,000 that same year.

How much did Famous Amos make?

Success came swiftly: The Famous Amos Cookie Company sold $300,000 worth of cookies its first year and was making $12 million in revenue by 1982. In Wally’s own words, his was “the face that launched a thousand chips.” Did you know?