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submitted 2 years ago by [email protected] to c/[email protected]

"What we're seeing today requires the government, the community, the retailer, everyone, ... including the consumer, to take action," Johnston said.

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[-] [email protected] 5 points 2 years ago

From looking at all of the figures I can find reporting on it, I believe the $2.78 billion figure you have here is off by a factor of 10. I imagine that the shareholders would be screaming bloody murder if a company with over $100 Billion in revenue only had $3 billion in profit.

[-] [email protected] 8 points 2 years ago* (last edited 2 years ago)

I was going by their earnings report. It's entirely possible I missed a decimal place or something, but I just took another look at it and it seems right? (If I made a mistake it's a mistake I made twice, which I am fully capable of doing.)

[-] [email protected] 6 points 2 years ago

over $100 Billion in revenue only had $3 billion in profit

For a company that's selling commodities you can get dozens of other places, and that maintains a large retail footprint, that doesn't sound too far off base.

this post was submitted on 21 Aug 2023
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