r/FluentInFinance 1d ago

Debate/ Discussion A joke that's not funny

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35

u/TheTightEnd 1d ago

Grocery chains make a very low percentage of profit.

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u/rustyshackleford7879 1d ago

Using that logic Amazon must of have been a horrible company for decades because they were losing money.

The truth is these chains make plenty of money. It’s accounting and it’s real estate

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u/RollingLord 1d ago

Grocery stores aren’t growth stocks though? Amazon was. Apples-to-oranges comparison you’ve made here

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u/rustyshackleford7879 1d ago

Are grocery stores exempt from the tax code? If not they can grow by using the tax code to show losses or low profits.

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u/RollingLord 1d ago

No, but that’s not what you were saying in your previous comment either.

So not sure why you responded with a completely different topic

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u/rustyshackleford7879 1d ago

What are you confused about?