what the hell is jessica tarlov spewing about exorbitant profits of Kroger

Plagerist said:
Notice these libtards only--and often--give one definition of "profit." They'll talk gross profit, but not net profit. They don't discuss the many deeply discounted products at stores like Kroger and Food Lion. That means selling more units, which often results in lower margins.

Plus, then never really discuss the main driver of inflation: money supply. Companies don't willy-nilly just up their prices (if they do, then they are usually slapped down by consumers and/or competitors). Prices increase because the money supply is inflated. And yes, libtards, that also affects producers.
Click to expand...
It's not the price going up!! These idiots don't get it.... Well to be fair a few of the lefties here actually do get it.... But most NO!. It's NOT THE PRICE GOING UP... IT'S THE DOLLAR GOING DOWN!
 
tyroneweaver said:
where I buy grocerys Kroger is always the lower price. And I hate kroger cuz the hate conservatives.
if I can skip a kroger product I do. But sometimes i just have to hold my nose

Kroger Gross Profit 2010-2024 | KR

Kroger annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services. <ul...
www.macrotrends.net www.macrotrends.net
Click to expand...
Yes, unless they are engaged in harmful unethical practices, I don't judge the politics or religious beliefs of those entities that provide us with food, clothing, other basic needs. And they all have suffered in the insane economy that the Biden/Harris administration has forced on us. They all are paying higher prices for transportation, inflated property values/taxes, labor, operating costs/overhead, insurance, cost of merchandise. I think the last time I looked, Kroger's net profit margin this year was under 1.5% making it barely profitable enough to stay in business at all.
 
Foxfyre said:
Yes, unless they are engaged in harmful unethical practices, I don't judge the politics or religious beliefs of those entities that provide us with food, clothing, other basic needs. And they all have suffered in the insane economy that the Biden/Harris administration has forced on us. They all are paying higher prices for transportation, inflated property values/taxes, labor, operating costs/overhead, insurance, cost of merchandise. I think the last time I looked, Kroger's net profit margin this year was under 1.5% making it barely profitable enough to stay in business at all.
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The margin is between 1 and 3%. You do price control.... thousands of grocery stores will shut.
 
From the same source:

  • Kroger net income for the quarter ending April 30, 2024 was $0.947B, a 1.56% decline year-over-year.
  • Kroger net income for the twelve months ending April 30, 2024 was $2.149B, a 15.46% decline year-over-year.
  • Kroger annual net income for 2024 was $2.164B, a 3.57% decline from 2023.

Note also that quarterly growth is often followed by quarterly loss. The analogy is so-called recent "job growth" the libtards like to tout. Yes, if job losses were significant during Corona, then, of course, they will rise significantly after Corona passes.
 
Plagerist said:
From the same source:

  • Kroger net income for the quarter ending April 30, 2024 was $0.947B, a 1.56% decline year-over-year.
  • Kroger net income for the twelve months ending April 30, 2024 was $2.149B, a 15.46% decline year-over-year.
  • Kroger annual net income for 2024 was $2.164B, a 3.57% decline from 2023.

Note also that quarterly growth is often followed by quarterly loss. The analogy is so-called recent "job growth" the libtards like to tout. Yes, if job losses were significant during Corona, then, of course, they will rise significantly after Corona passes.
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Grocery stores are closing all over the place.
 
justoffal said:
The margin is between 1 and 3%. You do price control.... thousands of grocery stores will shut.
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That is a very strong possibility. For certain our Albertson's store operating with a net profit margin similar to Kroger's would be forced to stop offering their discounts for Seniors and military veterans that has helped keep countless people afloat here. And they likely won't be offering their lower end products with the lowest profit margin at all.
 
Plagerist said:
www.Coresight.com just reported a 24% increase in retail store closures over last year. Yes, some of that is due to more online shopping, but they also cited bankruptcies and inflation.
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Yep they are unable to pass on the price increases because people will stop buying. The price increases are directly related to the energy bomb.
 
tyroneweaver said:
where I buy grocerys Kroger is always the lower price. And I hate kroger cuz the hate conservatives.
if I can skip a kroger product I do. But sometimes i just have to hold my nose

Kroger Gross Profit 2010-2024 | KR

Kroger annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services. <ul...
www.macrotrends.net www.macrotrends.net
Click to expand...


Kroger has store loudspeakers that push the Murderous Fraud Vax on customers. Kroger's was allowed to stay open during Covid.

Kroger's is not patriotic to America.
 
justoffal said:
Yep they are unable to pass on the price increases because people will stop buying. The price increases are directly related to the energy bomb.
Click to expand...
Farmers have an obligation to work for free!

Processors are just greedy when they want money for their work.

Shame on supermarkets who have to pay rent, utilities costs 30 days in advance, purchasing fees, transportation fees, refrigeration fees, labor costs and liability insurance.

Shame on them!

Arrest all of them!

Put them all in jail!

Jo
 
justoffal said:
She's going to jail all of them! Off to the callaboose with ya buster and that steak is now 2 bucks a pound buddy boy!
Click to expand...
The sign saying $2 a pound is going to be little comfort for the space behind it being empty.
 
whitehall said:
It's the way for the media to support the Harris version of fascist control over the price of groceries.
Click to expand...
Since when did you guys love paying more for groceries?
 
tyroneweaver said:
where I buy grocerys Kroger is always the lower price. And I hate kroger cuz the hate conservatives.
if I can skip a kroger product I do. But sometimes i just have to hold my nose

Kroger Gross Profit 2010-2024 | KR

Kroger annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services. <ul...
www.macrotrends.net www.macrotrends.net
Click to expand...
The Left are out of the closet and going full commie.
If Kroger wants to charge $80 for a pint of ice cream they can do so with the blessings of the law and me. It’s their right.
 
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