At some point we gonna have to address these grocery prices

Robbie3000

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jilla82

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Companies are using inflation as an excuse to jack up prices.

All these companies are reporting record profits.

Pay attention.



taking in media with one sort of slant is why a lot of you can only see the world in one way

Still, the Golden Valley-based foodmaker has again increased its short-term financial outlook and beat analysts' expectations for its most recent quarter, even as profits dropped 16%.

Mid-single-digit inflation' for fiscal 2024

General Mills expects input costs will end up rising 15% in the fiscal year that ends in May. Inflation over the next year will be much improved and should be in the mid-single-digit range, company leaders said.

But Harmening cautioned a "normal" inflationary environment is at least 12 months away.

Higher wages and higher costs from suppliers are expected to drive continued cost increases. That could keep sales volumes down and potentially lead to more price increases to keep revenue rising and profit margins intact.

Higher sales, lower profit

Quarterly profits fell 16% to $553 million at General Mills this winter, while sales jumped 13% compared with the year before.
 

Gritsngravy

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We won't bust a grape collectively. The common man is so fukking pacified. We neck deep in bills and inflation. Still threatening to do shyt. Can't afford homes... Still threatening to do shyt.

Society should have been hit a breaking point... I don't think modern humans have any fight in them with all due respect. We have 0 collective effort to curtail the bullshyt. Everyone thinks it's all on politicians. When people protest we cry about the inconvenience so who's supposed to be doing shyt?

We're in a dumb ass space and being exploited for it. Politicians nor businesses have no pressing urgency to address the daily man's hurdles. They are content pushing until it falls apart. That's the blind push of unchecked capitalism.
Well we can’t even agree or even agree to disagree on shyt so it’s damn near impossible to get people on the same wave to change shyt
 

jilla82

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Well we can’t even agree or even agree to disagree on shyt so it’s damn near impossible to get people on the same wave to change shyt
change what?

people dont understand how any of this works...
...they have been printing money the past 14 years and everyone on here cheered it on.

now folks complain about inflation.
makes no sense
 
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