The Picard Maneuver@startrek.website to People Twitter@sh.itjust.works · 11 months agoBlack Fridaystartrek.websiteimagemessage-square104fedilinkarrow-up1708arrow-down124
arrow-up1684arrow-down1imageBlack Fridaystartrek.websiteThe Picard Maneuver@startrek.website to People Twitter@sh.itjust.works · 11 months agomessage-square104fedilink
minus-squarejmcs@discuss.tchncs.delinkfedilinkEnglisharrow-up33arrow-down3·11 months agoThey also have smaller margins to start with.
minus-squareMongostein@lemmy.calinkfedilinkarrow-up28arrow-down6·11 months agoI’m not sure about that these days
minus-squareTavarin@lemmy.calinkfedilinkarrow-up9arrow-down1·11 months agoTell that to Loblaws with it’s multi-billion dollars a year in profits since lockdowns.
minus-squareEmpricorn@feddit.nllinkfedilinkEnglisharrow-up9arrow-down1·11 months agoSomeone should sue them, then! Let’s see how he feels when someone lobs a law bomb at Loblaws’ Bob Loblaw.
minus-squareAux@lemmy.worldlinkfedilinkarrow-up1arrow-down2·11 months agoIt doesn’t matter what their profit is if their margin is only 2%.
minus-squareTavarin@lemmy.calinkfedilinkarrow-up3·11 months agoIt’s 4% for Loblaws, and when the profit is billions it does matter.
minus-squareAux@lemmy.worldlinkfedilinkarrow-up1arrow-down1·11 months agoIt doesn’t, because you still have a tiny margin. Get one bad year and your business will be wiped out.
minus-squareTavarin@lemmy.calinkfedilinkarrow-up3arrow-down1·11 months agoNot when the profit is billions, Loblaws could run at at a sizeable loss for the next decade and still be fine.
minus-squareAux@lemmy.worldlinkfedilinkarrow-up1arrow-down4·11 months agoNo, it can’t. 4% loss will wipe out everything they’ve earned. That’s the problem with low margins.
They also have smaller margins to start with.
I’m not sure about that these days
They do
Tell that to Loblaws with it’s multi-billion dollars a year in profits since lockdowns.
Someone should sue them, then! Let’s see how he feels when someone lobs a law bomb at Loblaws’ Bob Loblaw.
It doesn’t matter what their profit is if their margin is only 2%.
It’s 4% for Loblaws, and when the profit is billions it does matter.
It doesn’t, because you still have a tiny margin. Get one bad year and your business will be wiped out.
Not when the profit is billions, Loblaws could run at at a sizeable loss for the next decade and still be fine.
No, it can’t. 4% loss will wipe out everything they’ve earned. That’s the problem with low margins.