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It's one cup of coffee, how much could it cost?
(thelemmy.club)
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this post was submitted on 04 May 2026
119 points (100.0% liked)
Slop.
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For posting all the anonymous reactionary bullshit that you can't post anywhere else.
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https://investor.starbucks.com/news/financial-releases/news-details/2026/Starbucks-Reports-Q2-Fiscal-Year-2026-Results/default.aspx
10% margin. 90 cents out of every $9 coffee cup is going directly into shareholder finances. That's not beginning to account for the standard exec salaries and other profit embezzlement.
20% operating margin overseas btw.
Honestly I'm shocked it's not higher with what their prices are.
That's where massively overinflated exec salaries, "contractors" conveniently owned by shareholders and their friends, financial tomfoolery, etc. come in.
I'd actually argue most of the overinflated price in companies comes from these "willing inefficiencies" that rich people use to siphon profit off into their own pockets specifically because only getting 10% of the free money isn't enough and the greed can never end.
Oh for sure, there was that study on the price hikes during the supply chain disruptions when COVID really started to kick off that found that 60% of the price increases were attributable entirely to naked corporate greed.
One of my favorite pro-union arguments is rich people most certainly unionize themselves. Capitalists are the real lazy bureaucrats.