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> are high due to a major outbreak of bird flu Maybe at first, but now that providers are following the same path as oil companies and reporting record profits
by 98codes 4y ago
> are high due to a major outbreak of bird flu
Maybe at first, but now that providers are following the same path as oil companies and reporting record profits, I'm not buying it.
- gruez 4y ago>and reporting record profits 1. Does that say much? Thanks to inflation, every year is basically guaranteed to have "record profits". 2. If we look at their margins, it has indeed gone up, but we also see that it has gone up in 2015 (when there was also a bird flu), then subsequently dropped back down afterwards. What explains this? Did the CEO get visited by the three ghosts of christmas and got less greedy? Or perhaps it's just the case that companies make record profits when supply is limited? [1] https://www.macrotrends.net/stocks/charts/CALM/cal-maine-foods/operating-income https://www.macrotrends.net/stocks/charts/CALM/cal-maine-foo...