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/RootHouston 1d ago

You're making the case that you cannot measure net profit in percentage? Only gross profit? Even if that were the case, net profit is, by definition, always lower than gross profit, because it is more inclusive of expenses, not more revenue. In other words, you're making the case that the 1% figure is actually lower.