3 ms·
> margins - last time I looked they were around 60%. That means prices * sales only has to increase by 5x to bump earnings up 3x. I am not sure about the logic
by kgwgk 6y ago
> margins - last time I looked they were around 60%. That means prices * sales only has to increase by 5x to bump earnings up 3x.
I am not sure about the logic (are you assuming marging expansion?) but probably you are trying to say something else than revenue has to increse "only" five-fold for earnings to triple.
> Food prices have been inflating at 10-15% recently;
Sure.