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America’s Girl Scouts aren’t safe from price hikes

Even the century-old organization is looking for ways to raise extra cash, with membership fees set to rise 160% by 2027.

Tom Jones
10/21/24 10:36AM

Be prepared… to pay a lot more money over the next few years if your daughter’s a keen Girl Scout.

On Saturday, the Girl Scouts of the USA’s National Council gathered virtually to vote on a proposed 240% membership fee price hike, eventually settling on a two-step increase of 160% over two years. Though the cost of being a member will stay flat at $25 in 2025, it will rise to $45 for 2026 and then $65 the year after that, as the 112-year-old organization looks to get on top of its flagging finances after projecting a $5.6 million loss for 2024.

Girl Scout losses
Sherwood News

You might imagine that the ~$800 million seasonal business of selling Thin Mints and Samoas would keep the national movement firmly out of the red, especially given their rising price points. However, all of the cookie revenues go directly to the local councils and troops, who reportedly rely on the sweet treats to provide roughly 70% of their own operating revenues. The national Girl Scout organization doesn’t see any of the cookie dough and makes most of its money through membership dues, gifts and donations, and merchandise sales. 

Despite counting around 2 million adult and girl members, member fees and other revenues haven’t been enough to keep the operation from posting losses that run into the millions over the years. While Girl Scouts of the USA notched almost $120 million in sales last year, various costs such as supporting local councils, developing programs, funding learning opportunities for adult members, and promoting the Girl Scout brand all weighed heavily on its bottom line, resulting in a loss of $4.4 million in FY 2023.

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Fox and News Corp slide as investors digest $3.3 billion Murdoch succession settlement

Fox and News Corp shares dropped on Tuesday after Rupert Murdoch’s heirs agreed to a $3.3 billion settlement to resolve a long-running succession drama.

Under the deal, Prudence, Elisabeth, and James Murdoch will each receive about $1.1 billion, paid for in part by Fox selling 16.9 million Class B voting shares and News Corp selling 14.2 million shares. The stock sales will raise roughly $1.37 billion on behalf of the three heirs.

The new trust for Lachlan Murdoch will now control about 36.2% of Fox’s Class B shares and roughly 33.1% of News Corp’s stock, granting him uncontested voting authority over both companies for the next 25 years. Originally, the Murdoch trust was designed to hand over voting control of Fox and News Corp to Prudence, Elisabeth, Lachlan, and James after his death.

Investors are weighing the trade-off. Clear leadership under Lachlan may resolve conflict internally, but the share dilution, executed at a roughly 4.5% discount, means long-term investors now hold slightly less clout than before.

Both companies’ stocks were trading close to all-time highs prior to the announcement.

385 ✈️ 434

Boeing on Tuesday announced that it delivered 57 commercial jets in August, its best total for the month in seven years. That brings its year-to-date delivery total to 385 planes, eclipsing its full-year 2024 figure by about 11%.

The August figure marked Boeing’s second-highest delivery total of 2025 and represented a 43% jump from the same month last year. Through August, Boeing has boosted its deliveries by 50% from last year.

The plane maker is still trailing its European rival Airbus, which delivered 61 planes in August and 434 year to date.

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