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You're citing Gross Profit, not Net Profit - which is being used here by the article deliberately to emphasize their point. The net shows an increase as well,
by Alupis 4y ago
You're citing Gross Profit, not Net Profit - which is being used here by the article deliberately to emphasize their point.
The net shows an increase as well, but not totally out of line with the increase in sales and costs, even when we look back several years.
- BryanRamirez 4y agoA simple google search for cal-maine profit margins produces a table that includes year over year change in many metrics. For example Year over year increase in net profit margins: Feb 2022: Y/Y net profit margin is +119.63% May 2022: Y/Y net profit margin is +1633.06% Aug 2022: Y/Y net profit margin is +442.88% Nov 2022: Y/Y net profit margin is +7890.32%
- deleted 4y ago[deleted]