Kroger grocery stores run on a 2% margin

Why keep up your childish habit of putting words in others' mouths? It makes you look extremely foolish. It doesn't work for Boiler, and it doesn't work for you.

You're the smartest person I know who regularly puts on a dunce cap. I must admit, though, that doing that really burnishes your MAGA credentials.

Congrats.

Interesting testimony from Kroger during the anti-trust trial regarding the Kroger/Albertsons merger from Kroger's Senior Director for Pricing Andy Groff, talking about how they were able to raise prices higher than they needed to account for inflation and increase their profits.

Kroger Egg Pricing Turns Merger Trial Into Inflation Fight (yahoo.com)

Kroger's best net income % since 2010 was 3.0% in 2018.  Most years it is under 2.0%.

https://www.macrotrends.net/stocks/charts/KR/kroger/profit-margins#:~:text=Profit%20margin%20can%20be%20defined%20as%20the%20percentage,margin%20as%20of%20April%2030%2C%202024%20is%201.43%25.

Are you saying that since they have an under 2.0% profit margin, they didn't take advantage of a chance to raise prices when they testified that they did?  Weird.

Stupid Tom thinks that a 2% margin for grocery stores is low and/or atypical. He's right in one sense: 2% is historically high. All the chains took advantage of the situation and jacked up their retail prices. The big corporations that run them told their Republican lackeys to whine whine whine and blame it all on Biden. That tactic worked spectacularly, as very few people blame high food prices on the corporations that have been charging those high prices.