Your grocery store isn't price gouging you. Kroger's 2023 profit margin was a very slim 1.2%. *Kroger 23 financials

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2024-08-16 15:27

Your grocery store isn't price gouging you. Kroger's 2023 profit margin was a very slim 1.2%. *Kroger 23 financials

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Bj Edgar
bjedgar21

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發文後	用戶	內容
2 小時內	Randy Ball rubberzxt	Bahahahahahahaha
3 小時內	Matt Stein Sr. kakistocracy25_29	That is still almost $2 Billion. Net profit. After all expenses, taxes, stock buy backs, humongous executive salaries et al. ONE POINT EIGHT SEVEN NINE BILLION - or, $4,370 per employee
3 小時內	Denise Moore denise.m.moore	It’s the individual companies that sell to the stores
3 小時內	petey.paabs	Publix posted a 50% profit increase from 22-23. I’d say that’s price gouging
3 小時內	Troy Townsend lilbilljunior_	Simpleton take… WHAT ABOUT THE COMPANIES MAKING THR PRODUCTS!?!??
4 小時內	Amy Marie Mink maxwellrubymae	Now do Walmart and Amazon.
4 小時內	Michael Morrison newarknj76	All grocery stores have very thin margins. They have to markup what they buy to sell to us if the vendor is charging more guess what so does the supermarket.
4 小時內	Austin Phillips go.foraustin	Posts like this kill me. Ok now do it again but include actual useful information so we all have some context and without gaslighting. 1.2% of what? That sure would make a difference. Did they acquire or reinvest other potential profits toward new assets? That sure would make a difference. How much are they paying their executive team? That sure would make a difference. What’s inflation been since 2020 while corporations continue post record profits? Weird you don’t include any of this.
4 小時內	David Dickinson swimbikerunmvy	No one said it’s the grocery stores. It’s their suppliers. https://www.cnn.com/2023/03/29/business/egg-profits-cal-maine?cid=ios_app
5 小時內	pc_pitroc	It’s the 5 major supplies that fill the shelves at Kroger that are posting record profits, doing stock buybacks, an still posting dividends. Kroger is the local distributor, not the kingpin.