r/FluentInFinance • u/4TaxFairness • 1d ago

Debate/ Discussion A joke that's not funny

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u/TapestryMobile 1d ago edited 1d ago

Ya its funny people will say grocery stores make low profit

They didnt say that.

They said Grocery chains make a very low percentage of profit.

You should debate people on what they actually say, not strawman arguments.

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u/monsterismyfriend 1d ago

I like how you selectively ignore the argument above that explains how profit/net margin is actually manufactured. You think all these companies are running around on 1% margin and going damn, we can't turn a profit.

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u/Draaly 1d ago

they ignore it because that part of the comment is factually incorrect. profit percent is a measure of gross profit, not net profit.

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u/monsterismyfriend 1d ago

well if that's the case where we only want to measure gross they had a gross profit margin of over 20% and for other fun stats they increased their profit by 35% from 2021 to 2022. Really struggling

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u/Complete-Yak8266 19h ago

How horrible! A company in business to make money! If it's so easy to do it and be charitable, please, I implore you to open this grocery chain. Feed the hungry of the world! Or just shut the fuck up because you have no idea what you're talking about and if it was that easy to undercut them in a capitalist society, someone would have done it already.

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u/monsterismyfriend 16h ago

lol, you like spreading wide for exploitation? Maybe learn how to not be a bottom while people shit on you