BarterClub to AntiworkEnglish • 1 year agoRecord profits drive inflationi.imgur.comimagemessage-square104fedilinkarrow-up11.6Karrow-down161 cross-posted to: noshitsherlock
arrow-up11.54Karrow-down1imageRecord profits drive inflationi.imgur.comBarterClub to AntiworkEnglish • 1 year agomessage-square104fedilink cross-posted to: noshitsherlock
minus-square@Ackerthegodlink8•1 year agoThese numbers are gross profit I believe. You can have $100B in gross profits and $100B in costs, netting $0. Better to show EBITDA and make your point that way.
minus-square@Poxloxlink5•1 year agoTo your point “Starbucks annual net income for 2023 was $4.125B, a 25.69%” https://www.macrotrends.net/stocks/charts/SBUX/starbucks/net-income#:~:text=Starbucks net income for the,a 25.69%25 increase from 2022.
These numbers are gross profit I believe. You can have $100B in gross profits and $100B in costs, netting $0. Better to show EBITDA and make your point that way.
To your point “Starbucks annual net income for 2023 was $4.125B, a 25.69%” https://www.macrotrends.net/stocks/charts/SBUX/starbucks/net-income#:~:text=Starbucks net income for the,a 25.69%25 increase from 2022.