(08-17-2024, 10:53 AM)The Real Marty Wrote:

(08-17-2024, 10:50 AM)HURRICANE!!! Wrote: I know some people don't like facts but Publix had a 49% increase in profit from 2022 to 2023.  For the record "Net earnings" are Net profit.  This is on their annual statement from their website.

"Net earnings for the fiscal year ended Dec. 30, 2023 were $4.3 billion, compared to $2.9 billion in 2022, an increase of 49%."

https://corporate.publix.com/newsroom/ne...s-for-2023

Profits are a very good thing.  Some liberals seem to think profits are a dirty word, but without profits, we have no business, and no jobs and no food or anything else.  Profits literally are the life blood of a civilized society.

I totally understand profits and have the benefit taking advantage of rental increases and such (although I limited the impact to existing tenants), so I'm not complaining about the capital system, but I do think there are limits that should be considered so the consumer is not gouged.

Personally, the Publix price increases don't impact us because we can easily afford groceries at any cost and have alternatives if we so desire.  I can drive to Winn Dixie and Walmart but there are others (especially the aging who don't have modes of alt transportation) that rely on their local store, so they are bound by increases of a certain grocer.

Same applies to gas prices.  Big oil has no problem recording record profits at the expense of the consumer.  Just thankful none of these cost increases really has any detrimental impact on any of us, but that's not a reason to ignore it and place some controls on certain consumer necessities.   I do find it ironic that people here were just complaining about grocery prices but when Kamala mentions something, all the sudden increases on groceries don't matter ..... people just call it inflation and complain once again, even though it's evident it's not increasing costs but increasing profits of certain suppliers.   Lol .... people complain about costs but not profits ... "isn't it ironic".

---