BarterClub@sh.itjust.worksM to Antiwork@lemmy.worldEnglish · 9 months agoRecord profits drive inflationi.imgur.comimagemessage-square105fedilinkarrow-up11.59Karrow-down161 cross-posted to: noshitsherlock@lemmy.world
arrow-up11.53Karrow-down1imageRecord profits drive inflationi.imgur.comBarterClub@sh.itjust.worksM to Antiwork@lemmy.worldEnglish · 9 months agomessage-square105fedilink cross-posted to: noshitsherlock@lemmy.world
minus-squarekajdav@lemmy.worldlinkfedilinkarrow-up65arrow-down24·9 months agoThis is garbage data. Learn the difference between revenue, gross profit, and net profit.
minus-squareGoldmage263@sh.itjust.workslinkfedilinkarrow-up18arrow-down1·edit-29 months agoOk. $36 biliion consolidated net revenue reported at a 16% profit margin for fiscal year 2023 still leaves $5.76 billion in money that went somewhere after everyone was paid, taxes were avoided paid and all approved expenses were handled. Edit: adding source https://investor.starbucks.com/press-releases/financial-releases/press-release-details/2023/Starbucks-Reports-Q4-and-Full-Year-Fiscal-2023-Results/default.aspx
minus-squareTbird83ii@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up16arrow-down2·9 months agoWILL SOMEBODY PLEASE THINK OF THE SHAREHOLDERS??? HOW CAN THEY SURVIVE WITHOUT THEIR (checks Starbucks earnings sheet) $4B IN NET EARNINGS???
This is garbage data. Learn the difference between revenue, gross profit, and net profit.
Ok. $36 biliion consolidated net revenue reported at a 16% profit margin for fiscal year 2023 still leaves $5.76 billion in money that went somewhere after everyone was paid, taxes were
avoidedpaid and all approved expenses were handled.Edit: adding source https://investor.starbucks.com/press-releases/financial-releases/press-release-details/2023/Starbucks-Reports-Q4-and-Full-Year-Fiscal-2023-Results/default.aspx
WILL SOMEBODY PLEASE THINK OF THE SHAREHOLDERS??? HOW CAN THEY SURVIVE WITHOUT THEIR (checks Starbucks earnings sheet) $4B IN NET EARNINGS???
Teach me papa