[Slava]

Originally Posted by White Out 403

https://www.epi.org/blog/corporate-p...akers-respond/

https://www.cbc.ca/news/business/inf...fits-1.6360277

https://finance.yahoo.com/news/corpo...173207569.html

https://www.theglobeandmail.com/busi...-up-costs-for/


Corporations have never been more profitable right now, the ones who are making money hand over fist for essential Goods can afford to make a little bit less while the inflation crisis is dealt with. Or I guess we can just throw people out of their homes, sure that's a good idea too

Well I think I addressed the point made by the Loblaws article here. The EPS rose, but the revenues aren't rising at the inflationary clip. The reason they're showing the improved bottom-line is because of other factors, obviously.

I know what you're trying to do here. You're saying that profits are higher, ergo the company is shafting people. But the revenues/sales are only up a few percent from the year before. That doesn't account for the increase. They've shown a better profit because there are less shares outstanding and because they've reduced costs. I'd also posit that they've increased their bottom-line selling products with better margins, and that's referenced in that article as well.