4 ms·
wow, Metro AG's stock is doing horribly this year. but they're supposedly raking in tons of cash from Austria? EDIT: SPAR Group, Inc. is doing very badly as we
by iraqmtpizza 3y ago
wow, Metro AG's stock is doing horribly this year. but they're supposedly raking in tons of cash from Austria?
EDIT: SPAR Group, Inc. is doing very badly as well. I think this theory is highly suspect
- FirmwareBurner 3y agoIf they're doing so poorly, why are they giving such steep discounts in Germany and not charging Austrian prices to bump up their margins? Are they stupid to leave so much money on the table?
- the_mitsuhiko 3y agoThere is significantly higher competition in Germany than in Austria when it comes to supermarkets. Grocery chains might very well want to push up the prices more to restore margins but might find it hard to do so.
- iraqmtpizza 3y agoThe obvious answer is that they are not giving steep discounts in any country. Almost certainly their gross margins are between zero and three percent in both countries.