Any excuse for Loblaws to raise their prices even higher than they have been.

  • Daryl@lemmy.caOP
    link
    fedilink
    arrow-up
    2
    ·
    5 days ago

    The devil is in the details. Read what the report does NOT say. If dividends increase, profit has gone up. The profit goes up, because the margins have gone up. Volume has not increased as much as the profit…

    ‘Absolute sales grew 4%’, but ‘Adjusted EPS grew by 9.3%’. The earnings per share (profit) grew twice the rate of absolute sales.