▲ 960 ▼ Which CEOs are actually worth keeping around? (i.imgur.com) submitted 2 years ago by TehBamski@lemmy.world to c/microblogmemes@lemmy.world 412 comments fedilink hide all child comments
[–] someguy3@lemmy.world 62 points 2 years ago (2 children) Costco also puts a maximum percent profit on items. permalink fedilink source parent hideshow 4 child comments replies: [–] AlecSadler@sh.itjust.works 24 points 2 years ago Really? That's awesome. permalink fedilink source parent [–] elucubra@sopuli.xyz 9 points 2 years ago (2 children) Apparently they make more money from memberships than from sales margins, which are capped. permalink fedilink source parent hideshow 4 child comments replies: [–] howrar@lemmy.ca 5 points 2 years ago (1 child) Last I heard, their profits were nearly entirely from memberships. This was probably five years ago though. I don't know if their numbers have changed since. permalink fedilink source parent hideshow 2 child comments replies: [–] laurelraven@lemmy.zip 2 points 2 years ago I first heard about that like twenty years ago and apparently is still true today permalink fedilink source parent [–] MonkeyBusiness@sh.itjust.works 3 points 2 years ago (1 child) Does anyone have a source for this? permalink fedilink source parent hideshow 2 child comments replies: [–] nepenthes@lemmy.world 13 points 2 years ago* (last edited 2 years ago) (2 children) I left reddit after the API fiasco and didn't return, but I remembered seeing this on Data is Beautiful before that, so I just looked it up for you. (My search query in DDG was "data is beautiful reddit Costco profit margins" and a few popped up; this was the most recent.) Transcription: infographic states Net sales +$77.4B Merch costs -$69.2B Membership fees +$1.5B SG&A -$6.9B (Selling, General, and Administrative Expenses) Taxes -$0.8B Net profit $2.2B (2% margin) Source listed as: Costco Q4 FY 23 earnings Edit: format failing :( permalink fedilink source parent hideshow 4 child comments replies: [–] MonkeyBusiness@sh.itjust.works 3 points 2 years ago Thank you very much! permalink fedilink source parent [–] brbposting@sh.itjust.works 3 points 2 years ago Great graphic, thanks permalink fedilink source parent
[–] AlecSadler@sh.itjust.works 24 points 2 years ago Really? That's awesome. permalink fedilink source parent
[–] elucubra@sopuli.xyz 9 points 2 years ago (2 children) Apparently they make more money from memberships than from sales margins, which are capped. permalink fedilink source parent hideshow 4 child comments replies: [–] howrar@lemmy.ca 5 points 2 years ago (1 child) Last I heard, their profits were nearly entirely from memberships. This was probably five years ago though. I don't know if their numbers have changed since. permalink fedilink source parent hideshow 2 child comments replies: [–] laurelraven@lemmy.zip 2 points 2 years ago I first heard about that like twenty years ago and apparently is still true today permalink fedilink source parent [–] MonkeyBusiness@sh.itjust.works 3 points 2 years ago (1 child) Does anyone have a source for this? permalink fedilink source parent hideshow 2 child comments replies: [–] nepenthes@lemmy.world 13 points 2 years ago* (last edited 2 years ago) (2 children) I left reddit after the API fiasco and didn't return, but I remembered seeing this on Data is Beautiful before that, so I just looked it up for you. (My search query in DDG was "data is beautiful reddit Costco profit margins" and a few popped up; this was the most recent.) Transcription: infographic states Net sales +$77.4B Merch costs -$69.2B Membership fees +$1.5B SG&A -$6.9B (Selling, General, and Administrative Expenses) Taxes -$0.8B Net profit $2.2B (2% margin) Source listed as: Costco Q4 FY 23 earnings Edit: format failing :( permalink fedilink source parent hideshow 4 child comments replies: [–] MonkeyBusiness@sh.itjust.works 3 points 2 years ago Thank you very much! permalink fedilink source parent [–] brbposting@sh.itjust.works 3 points 2 years ago Great graphic, thanks permalink fedilink source parent
[–] howrar@lemmy.ca 5 points 2 years ago (1 child) Last I heard, their profits were nearly entirely from memberships. This was probably five years ago though. I don't know if their numbers have changed since. permalink fedilink source parent hideshow 2 child comments replies: [–] laurelraven@lemmy.zip 2 points 2 years ago I first heard about that like twenty years ago and apparently is still true today permalink fedilink source parent
[–] laurelraven@lemmy.zip 2 points 2 years ago I first heard about that like twenty years ago and apparently is still true today permalink fedilink source parent
[–] MonkeyBusiness@sh.itjust.works 3 points 2 years ago (1 child) Does anyone have a source for this? permalink fedilink source parent hideshow 2 child comments replies: [–] nepenthes@lemmy.world 13 points 2 years ago* (last edited 2 years ago) (2 children) I left reddit after the API fiasco and didn't return, but I remembered seeing this on Data is Beautiful before that, so I just looked it up for you. (My search query in DDG was "data is beautiful reddit Costco profit margins" and a few popped up; this was the most recent.) Transcription: infographic states Net sales +$77.4B Merch costs -$69.2B Membership fees +$1.5B SG&A -$6.9B (Selling, General, and Administrative Expenses) Taxes -$0.8B Net profit $2.2B (2% margin) Source listed as: Costco Q4 FY 23 earnings Edit: format failing :( permalink fedilink source parent hideshow 4 child comments replies: [–] MonkeyBusiness@sh.itjust.works 3 points 2 years ago Thank you very much! permalink fedilink source parent [–] brbposting@sh.itjust.works 3 points 2 years ago Great graphic, thanks permalink fedilink source parent
[–] nepenthes@lemmy.world 13 points 2 years ago* (last edited 2 years ago) (2 children) I left reddit after the API fiasco and didn't return, but I remembered seeing this on Data is Beautiful before that, so I just looked it up for you. (My search query in DDG was "data is beautiful reddit Costco profit margins" and a few popped up; this was the most recent.) Transcription: infographic states Net sales +$77.4B Merch costs -$69.2B Membership fees +$1.5B SG&A -$6.9B (Selling, General, and Administrative Expenses) Taxes -$0.8B Net profit $2.2B (2% margin) Source listed as: Costco Q4 FY 23 earnings Edit: format failing :( permalink fedilink source parent hideshow 4 child comments replies: [–] MonkeyBusiness@sh.itjust.works 3 points 2 years ago Thank you very much! permalink fedilink source parent [–] brbposting@sh.itjust.works 3 points 2 years ago Great graphic, thanks permalink fedilink source parent
[–] MonkeyBusiness@sh.itjust.works 3 points 2 years ago Thank you very much! permalink fedilink source parent
[–] brbposting@sh.itjust.works 3 points 2 years ago Great graphic, thanks permalink fedilink source parent