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Your link is to Asseco, a company on the Poland stock exchange. Albertson's reported a negative net income in its S1 filing [0] Industry average of net income
by gringoDan 8y ago
Your link is to Asseco, a company on the Poland stock exchange. Albertson's reported a negative net income in its S1 filing [0]
Industry average of net income before taxes and net profit after taxes is 1-3% [1]
Independent grocers report net profit of 0.98% [2]
[0] https://www.nasdaq.com/markets/ipos/company/albertsons-companies-inc-970028-78908?tab=financials https://www.nasdaq.com/markets/ipos/company/albertsons-compa...
[1] https://www.fmi.org/our-research/supermarket-facts/grocery-store-chains-net-profit https://www.fmi.org/our-research/supermarket-facts/grocery-s...
[2] http://www.nationalgrocers.org/docs/default-source/0---default-library/2017-independent-grocers-financial-survey-highlights.pdf?sfvrsn=2 http://www.nationalgrocers.org/docs/default-source/0---defau...
- ac29 8y agoYou are right - not sure how that happened, but it is too late to edit/delete my comment.