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BrushNovel9003 t1_j9flz3l wrote

This is what they WANT YOU TO SEE. $11 billion over $600 billion gross turnover is a very risky, pencil thin profit. I feel sure they hare hiding some facts somewhere. Most of these companies make at least 6% nett profit.

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codybevans t1_j9gbfdw wrote

I don’t know where you’re getting 6% from but I have never seen a retailer in this market pull 6%. I manage a medium sized chain and we run about 2%. Target pulls about 3%. Kroger pulls about 1.5. Walmart is usually around 2%. I’m very familiar with P/L’s in this industry and this all seems right.

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