jeffw@lemmy.world to Business@lemmy.worldEnglish · 5 months agoCostco accused of “greedflation”: Wholesaler reports increase in earnings while hiking up priceswww.salon.comexternal-linkmessage-square30fedilinkarrow-up1132arrow-down121
arrow-up1111arrow-down1external-linkCostco accused of “greedflation”: Wholesaler reports increase in earnings while hiking up priceswww.salon.comjeffw@lemmy.world to Business@lemmy.worldEnglish · 5 months agomessage-square30fedilink
minus-squareRecluseRamble@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·5 months ago profit on merchandise sales was $0.95 bn, or 1.6% Now compare that to Microsoft’s net profit margin of over 36% and ask that question about greedflation again.
Now compare that to Microsoft’s net profit margin of over 36% and ask that question about greedflation again.