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This is the Republican Party

L
astonmartin708 said:
I’m just going to leave this here…

Trumps plan would increase deficits 5x compared to Kamala’s - Penn Wharton

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astonmartin708 said:
I’m just going to leave this here…

Trumps plan would increase deficits 5x compared to Kamala’s - Penn Wharton

Click to expand...
No clue how accurate Mr Wharton is but I do hate both their plans. So there’s that
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This is the Democratic Party.

astonmartin708
lawpoke87 said:
I gave you operating margins going back for 15 years. Public companies generally aren’t in the habit of intentionally reporting lower net profits. You know….that stock price and all. They also aren’t typically in the habit of spending money on anti-theft measures if the cost of those measures exceed thefts.
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I said margin not net profit. You can have increasing net profit without drastically changing your margin.

I think they’re grasping at straws with some anti theft measures, especially those in grocery stores.
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This is the Democratic Party.

L
astonmartin708 said:
A) you telling me that does nothing to solve the lack of information within and alongside the post. Go figure that Musk’s platform can’t fact check for crap.

B) One thing you don’t account for is the possibility that the operating expenses were artificially inflated by inflated payrolls or investments in stores that wouldn’t have otherwise been made but that increased gross returns allowed. I know that stores near me nearly all received operational renovations recently, and some implemented unnecessary anti theft devices in their cart’s wheels. Those are probably wasted dollars in the long run.
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I gave you operating margins going back for 15 years. Public companies generally aren’t in the habit of intentionally reporting lower net profits. You know….that stock price and all. They also aren’t typically in the habit of spending money on anti-theft measures if the cost of those measures exceed thefts.
Click to expand...

This is the Democratic Party.

astonmartin708
lawpoke87 said:
Krogers net margins are a little less than 1.5% over the past 5 years and pretty much in line with historical averages. Gross margins are largely irrelevant as they typically don’t take into account operating expenses. Again, Reich is throwing irrelevant info out in hopes the uneducated will buy into it. Probably a pretty good bet.

Kroger Net Profit Margin 2010-2024 | KR

Current and historical net profit margin for Kroger (KR) from 2010 to 2024. Net profit margin can be defined as net Income as a portion of total sales revenue. Kroger net profit margin for the three months ending July 31, 2024 was <strong></strong>.
www.macrotrends.net www.macrotrends.net
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A) you telling me that does nothing to solve the lack of information within and alongside the post. Go figure that Musk’s platform can’t fact check for crap.

B) One thing you don’t account for is the possibility that the operating expenses were artificially inflated by inflated payrolls or investments in stores that wouldn’t have otherwise been made but that increased gross returns allowed. I know that stores near me nearly all received operational renovations recently, and some implemented unnecessary anti theft devices in their cart’s wheels. Those are probably wasted dollars in the long run.

Then again, aside from the ridiculous Kroger merger that shouldn’t happen, I think we really should look upstream of the grocers for profiteering. It’s not Kroger that are the problem, some of the problem is the Pepsi, Coke, or General Mills of the world.

For example Coca Cola’s net profit margin went from a 5 year average of 14.89% in the (approximately) 5 years prior to COVID to 23.84% average in the years during and since. General Mills went from around 10 to around 13 in the same time. JBS and Tyson’s margins skyrocketed in 21-23 before coming back to earth recently. Mondelez (think Oreos) went from around 9 to around 13 post Covid. McCormick saw record net profit during Covid but has since returned to earth. There are some companies that look as if they’re operating fairly in the market and others that are essentially gouging.
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This is the Democratic Party.

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eastcane said:
Well, that was just a small blurb in that, but nice job latching onto that morsel. Dynamic pricing is a thing, like when I go into Moody Store for the $4 sausage, cheese, egg biscuit, after 10 am that baby goes down to $2, then after noon it's a buck, but a little crusty.
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Small blurb. He wrote four sentences. The first two out of the box state price gouging and gross profit. He then ends with corporate greed. Can you explain why a 1.5% margin is corporate greed and price gouging ?

Do you have a problem with lowering the price on that biscuit the closer it gets to expiration ? Also, what is the point of citing a gross margin of 20% when everyone who understand financials understands it’s a largely meaningless number ?
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This is the Democratic Party.

E
lawpoke87 said:
He was clearly blaming price gouging and corporate greed for rising food prices. He hit all the key buzzwords. Yet he somehow omitted the most important number…:net margins. There is no factual evidence based on financial of either price gouging or corporate greed here.
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Well, that was just a small blurb in that, but nice job latching onto that morsel. Dynamic pricing is a thing, like when I go into Moody Store for the $4 sausage, cheese, egg biscuit, after 10 am that baby goes down to $2, then after noon it's a buck, but a little crusty.
Click to expand...

This is the Democratic Party.

L
astonmartin708 said:
3) Just because Congress is incompetent doesn’t mean that the president should be as well.
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You can’t use Holmes as support for suppressing speech when he clearly states his test was in war time and Congressionally enacted. The suppression of speech we’ve witnessed over the past 3 years have neither. It also was directed towards speech other than pandemic related.
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This is the Democratic Party.

L
eastcane said:
Hey, where did he mention inflation on that post? Looked like a warning about consolidation, but if Kroger can make the margins work with Albertson's inventory, go for it boys.
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He was clearly blaming price gouging and corporate greed for rising food prices. He hit all the key buzzwords. Yet he somehow omitted the most important number…:net margins. There is no factual evidence based on financials of either price gouging or corporate greed here.
Click to expand...
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