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Why not? Profit margins are up, but overall sales volume was also up 25%. If they can make more money by selling more product, why stop? https://www.cnbc.com/2

• gruez 4y ago
  Higher margins is exactly what we would expect in a supply constrained environment. Demand outstrips supply, so businesses can raise their prices without leaving unsold products. The natural temptation here is to enforce price controls or whatever, but they come with their own problems. If demand is outstripping supply, price controls would lead to empty shelves/rationing.
  • losteric 4y ago
    > Higher margins is exactly what we would expect in a supply constrained environment... The natural temptation here is to enforce price controls or whatever, but they come with their own problems. Or in markets with limited effective competition, no? In which case breaking up businesses is another option.
• pottertheotter 4y ago
  Your statement is incorrect. Their sales volume was flat (up 0.3%), not 25%. The rest of the sales increase was price. Also, that's from Q1 (reported in February) so a bit old. Q2 (reported in May) saw a 16.1% increase in sales, with volumes down 1.5% and price up 17.6%.