Racingradar@lemm.ee to Lemmy Shitpost · 2 years agoHard timesi.imgur.comexternal-linkmessage-square208linkfedilinkarrow-up11.42Karrow-down142
arrow-up11.38Karrow-down1external-linkHard timesi.imgur.comRacingradar@lemm.ee to Lemmy Shitpost · 2 years agomessage-square208linkfedilink
minus-squarehuge_clocklinkfedilinkarrow-up1·2 years agoBriefly was at 4% in 2013 declining to around 2% in 2017 before being acquired by Amazon. https://www.macrotrends.net/stocks/delisted/WFM/whole-foods-market/net-profit-margin
minus-squarehuge_clocklinkfedilinkarrow-up1·2 years agoI haven’t specifically looked at While Foods but I’m guessing the higher-priced premium products cost more at wholesale and therefore don’t produce better margins.
Briefly was at 4% in 2013 declining to around 2% in 2017 before being acquired by Amazon.
https://www.macrotrends.net/stocks/delisted/WFM/whole-foods-market/net-profit-margin
How!?
I haven’t specifically looked at While Foods but I’m guessing the higher-priced premium products cost more at wholesale and therefore don’t produce better margins.
How!?