This is the Democratic Party.
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.Well, even the community clarification lacks clarity. They correct his use of gross vs net profit, but only do so using data in 1 quarter when he was referencing behavior over 5 years.
Both things are misleading.
Apparently no one knows how to read a financial statement.
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>.
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