Also Rans and Idiots

I hate the way the news spins the truth.

Headline: Inflation Costs: Food Prices Reach Record Highs Under Biden-Harris as Kroger Rakes in Billions in Profits

Article: The grocery retailer Kroger rakes in billions in profits as Americans struggle to afford the rising food prices. The company's most recent annual gross profit was $33.36 billion, a 5% increase from the prior year.

Truth:
Kroger annual gross profit for 2024 was $33.364B, a 4.99% increase from 2023.
Kroger annual gross profit for 2023 was $31.778B, a 4.71% increase from 2022.
Kroger annual gross profit for 2022 was $30.349B, a 1.79% decline from 2021.

Kroger annual operating income for 2024 was $3.096B, a 24.96% decline from 2023.
Kroger annual operating income for 2023 was $4.126B, a 18.67% increase from 2022.
Kroger annual operating income for 2022 was $3.477B, a 25.07% increase from 2021.

Kroger annual net income for 2024 was $2.164B, a 3.57% decline from 2023.
Kroger annual net income for 2023 was $2.244B, a 35.59% increase from 2022.
Kroger annual net income for 2022 was $1.655B, a 35.98% decline from 2021.


So their net income was 6 1/2% ? Gross income means nothing, that's just total sales. If the products to make those sales goes up, your gross income better go up or you will be bankrupt.
 
For those that missed it..Some Firefighters had Jotato put on a Trump Hat....They'll probably get Audited into oblivion.

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