Is there a lock on that case that you have to see a manager about to unlock?
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Inflationary Times
- Thread starter Steve
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Is there a lock on that case that you have to see a manager about to unlock?
No,but they are enjoying having an excuse to cover for it(inflation).
Kraft Heinz beats on earnings and raises its outlook
Kraft Heinz reported first-quarter net income of $776 million, or 63 cents per share, up from $563 million, or 46 cents per share, last year. Adjusted EPS of...
www.marketwatch.com
Largest food company on earth is Cargill.
Cargill fiscal 2022 revenue jumps 23% to record $165 billion
Global commodities trader Cargill Inc (CARG.UL) on Tuesday reported that its fiscal year 2022 revenue jumped 23% from a year earlier to a record $165 billion.
The only major player that has not grown revenue and profit is Bunge(if you buy sugar it is likely theirs).
Prices are up in a lot of areas, but I keep seeing the peanut butter section repeatedly wiped out (with the exception of some over-priced organic-labeled stuff).
It isn't the price that concerns me as much as availability. My Pa used to say that during the depression it wasn't so much that there was a shortage of money, there was a shortage of supply and nothing was moving. Folks had some money in their pockets but there wasn't anything to buy.
It isn't the price that concerns me as much as availability. My Pa used to say that during the depression it wasn't so much that there was a shortage of money, there was a shortage of supply and nothing was moving. Folks had some money in their pockets but there wasn't anything to buy.
Grocery Shop With Me To Fact-Check Biden's Nuts Inflation Claims
I went to the grocery store and ran some numbers comparing 2018 prices to 2022, and I was shocked by what I found.
thefederalist.com
spencer rifle
Grandmaster
Like they ever needed an excuse. And let's see the profit numbers from the government enforced pandemic shutdowns. I would be willing to wager that most if not all took a big loss during that time, and are just making up for the losses. They are in business to make money, after all.
They made very large profits during 2020 with more people eating at home and increased demand.
Cargil earnings were up 19% in 2020.
spencer rifle
Grandmaster
Now do 2021
Less but still very good for Kraft.
Kraft Heinz Reports Fourth Quarter and Full Year 2021 Results
Strategic Transformation Powered Another Year of Outstanding Performance Strengthened Balance Sheet and Strong Free Cash Flow(1) Generation Underscores Advancing Credit Quality The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today reported financial results for the fourth...
2021 was another stellar year for profits at Cargill.
Cargill fiscal 2021 revenue rises to $134.4 billion
Global commodities trader Cargill Inc (CARG.UL) reported a 17% rise in revenue in fiscal year 2021 on Monday, the latest company to benefit from high prices for agricultural goods.
2022 is likely to be the best year in history for both.
This right here ^^. I've been in the print business since 1985. Paper costs remained remarkably stable for most of those years. I actually gained income from the fact paper prices did not rise nearly as much as inflation.
The last 2 years, my prices on everything are up by probably 40%, When I can get it. The print industry is experiencing backorders for the first time in my 37 years.
oh, and ... FJB and the donkeys he rode in on.
.
Goya Foods CEO Bob Unanue accuses government of using inflation to 'enslave us for their own greed and power'
Goya Foods CEO Bob Unanue blames the Biden administration for incentivizing the country not to work and contributing to labor shortages on "Tucker Carlson Tonight."
The shortages (and high prices) are real. Brought upon us by deliberate sabotage. The more the pawns of the globalists control, the worse it gets.
btw, there is political pressure to control your personal gardens in your private property.
Went to Meijer yesterday with the wife. A case of Diet Pepsi was $15.99. It wasnt all that long ago you could grab them for $3.99 a case. Heck, last week they were $12.00 a case.
I am not sure how some people are affording grocerys. I know we are now buying a lot of Meijer and Kroger brand stuff now.
I am not sure how some people are affording grocerys. I know we are now buying a lot of Meijer and Kroger brand stuff now.
hoosierdoc
Freed prisoner
What is Cargill and Heinz profit margin? Did it skyrocket also? Otherwise revenue and overall profit numbers are worthless if you are trying to make a greed or gouging claim.No,but they are enjoying having an excuse to cover for it(inflation).
Kraft Heinz reported first-quarter net income of $776 million, or 63 cents per share, up from $563 million, or 46 cents per share, last year.Kraft Heinz beats on earnings and raises its outlook
Kraft Heinz reported first-quarter net income of $776 million, or 63 cents per share, up from $563 million, or 46 cents per share, last year. Adjusted EPS of...
Largest food company on earth is Cargill.
Global commodities trader Cargill Inc (CARG.UL) on Tuesday reported that its fiscal year 2022 revenue jumped 23% from a year earlier to a record $165 billion. Cargill is one of the largest U.S. beef processors and last month closed a deal to buy No. 3 chicken producer Sanderson Farms Inc with Continental Grain Co in a deal worth some $4.53 billion.(now done).Cargill fiscal 2022 revenue jumps 23% to record $165 billion
Global commodities trader Cargill Inc (CARG.UL) on Tuesday reported that its fiscal year 2022 revenue jumped 23% from a year earlier to a record $165 billion.www.reuters.com
The only major player that has not grown revenue and profit is Bunge(if you buy sugar it is likely theirs).
Heinz had a margin significantly below their 20yr average from what I can see, and Cargill had a margin of 3.7%
Wow, companies are doing better this year without government mandated business closures. I'm shocked i tell you
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Yup. No duh revenue is up if input prices increase and are then passed on to the customer. People honestly act like corporations just conspire to hike prices out of greed. It's because either their prices went up, or demand blew out supply.What is Cargill and Heinz profit margin? Did it skyrocket also? Otherwise revenue and overall profit numbers are worthless if you are trying to make a greed or gouging claim.
Heinz had a margin significantly below their 20yr average from what I can see, and Cargill had a margin of 3.7%
hoosierdoc
Freed prisoner
Big = bad unless it's Lizzo playing a historical relic
Gas prices doubled. We think the price of fuel doesn't effect everything? Pretty sure food doesn't go from hoof to meat counter right there in the store?
What happened to labor prices during the lockdowns?
What has happened to all of the regulations that Trump eliminated to foster productive business?
You folks better buckle up, I don't think we have seen the end of this inflation/recession/anti-business cycle.
Remember in November...
.
What happened to labor prices during the lockdowns?
What has happened to all of the regulations that Trump eliminated to foster productive business?
You folks better buckle up, I don't think we have seen the end of this inflation/recession/anti-business cycle.
Remember in November...
.
Heinz needs some good years. Debt load was unsustainable imho.What is Cargill and Heinz profit margin? Did it skyrocket also? Otherwise revenue and overall profit numbers are worthless if you are trying to make a greed or gouging claim.
Heinz had a margin significantly below their 20yr average from what I can see, and Cargill had a margin of 3.7%
Wow, companies are doing better this year without government mandated business closures. I'm shocked i tell you
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