It's a lie, Kroger lost money
thedispatch.com
likely true, just a reminder that voters should of listened to Romney and not Obama, and let them go bankrupt
It's a lie, Kroger lost money
Kroger’s net earnings decline to $947m in Q1 FY24
Kroger’s net earnings decline to $947m in Q1 FY24
The retailer’s operating profit stood at $1.29bn over the quarter.finance.yahoo.com
Claims About Increased Profits by Kroger and Publix Are False
A viral post suggests that high food prices reflect corporate greed.
Claims About Increased Profits by Kroger and Publix Are False
A viral post suggests that high food prices reflect corporate greed.
Kroger’s financial statements report an even steeper decline in 2023 profits. The company recorded a 3.6 percent decrease in net income 25 percent decrease in operating profits during 2023.
These are just lies and propaganda by the Demafascsit to deflect from the horrible poilices of their party the 12 of the past 16 years that have caused this. They know their dembot base is low informed and will simply repeat their lies and not actually take the time to see the facts.
Yes, they stated their earnings, which show clearly, they have not been gouging anyone...in fact they are losing money
hahaha, the look at the links! it's clear they have been losing money
A top Kroger executive admitted under questioning from a Federal Trade Commission attorney on Tuesday that the grocery chain raised its egg and milk prices above the rate of inflation, a concession that came as no surprise to economists who have been highlighting corporate price gouging across the U.S. economy in recent years.
Groff's comment came in response to questioning about an internal email he sent to other Kroger executives in March. In that note, Groff observed that "on milk and eggs, retail inflation has been significantly higher than cost inflation."
A Kroger spokesperson told Bloomberg in a statement that the email was "cherry-picked" and "does not reflect Kroger's decadeslong business model to lower prices for customers by reducing its margins."
But Rakeen Mabud, chief economist at the Groundwork Collaborative, noted Wednesday that "execs all over the economy were saying this stuff on their earning calls back in 2021."
During antitrust trial, exec admits Kroger jacked up milk and egg prices above inflation
A top Kroger executive admitted under questioning from a Federal Trade Commission attorney on Tuesday that the grocery chain raised its egg and milk prices above the rate of inflation, a concession that came as no surprise to economists who have been highlighting corporate price gouging across...www.rawstory.com
The pandemic played no part in supply chain issues on milk,or egg prices. These aren't imported products, and those farms were producig the same amout of milk and eggs, and the trucks delivering them were running with plenty of cheap fuel. The prices before and since are 100% corporate price gouging, the companies themselves gleefully admitted to.
| Date | U.s. Average | East Coast | New England |
|---|---|---|---|
| 12/27 | 3.615 | 3.602 | 3.623 |
| 12/20 | 3.626 | 3.611 | 3.633 |
| 12/13 | 3.649 | 3.633 | 3.643 |
| 12/06 | 3.674 | 3.658 | 3.654 |
WOW............You're FOS.
Why do you have 2021 data? Here is the avg by year, as you can see, from 2021 moving forward, it drastically went up, reaching over $5.00 in 2022, but coming down as we get closer to the end of the Harris/Xiden admin, but still today, higher then the 2021 avg
NO WHERE on that chart does fuel reach $5.00 a gallon.
WTF?
So you can’t read?? Haha it goes over 5 in 2022.
As usual..........You're FOS.
So you can’t read?
