“Last year, Red Lobster reported $11 million in operating losses following its flubbed ‘Ultimate Endless Shrimp’ deal, which backfired when it reeled in too many customers after the limited-time promo became a permanent menu fixture last June. The restaurant chain later reported $12.5 million in losses in the fourth quarter of 2023.”

  • Mister Neon
    link
    English
    211 month ago

    What does 11 million dollars in shrimp look like? Let alone 11 million in losses, how much god damn shrimp is that? Was cocktail sauce calculated into this?

    • @OldManBOMBINOP
      link
      English
      211 month ago

      The cost here for shitty frozen shrimp is about $13 for 2lbs of “31-40” (31-40 shrimp per lb); at that cost, averaging 35 shrimp per pound, you could buy approximately 29,615,385 shrimp, which would weigh around 400 tons. I think I did that math right. It’s late.

      • @SpaceNoodle
        link
        English
        161 month ago

        And you know they ain’t buying it at the Piggly Wiggly, but at a deep discount they negotiated ages ago with their distributor(s).

        • @OldManBOMBINOP
          link
          English
          11 month ago

          Those are Walmart prices, but yeah for sure

      • Mister Neon
        link
        English
        81 month ago

        Appreciate you. You’re causing me and my friends to consider indoor shrimp farming for profit.

        • @OldManBOMBINOP
          link
          English
          41 month ago

          Probably don’t do that, but if you do, send me some shramp

        • @OldManBOMBINOP
          link
          English
          51 month ago

          That’ll be $4

          (I have tiny pallets)