A lot of cries of price gouging but doesn’t seem to have manifested.
Not entirely sure how the dividends pieces works out? Like is this additional profit that gets sidelined to the UK and brings the overall number down?
That’s actually 80m without the club card
A profit margin of under 3%. So for every 1 euro spent in Tesco, less than 3 cent of it is profit.
Considering their size and overheads that actually sounds very low.
About €750k per store or about €2000 per store per day.
Not a lot really.
Energy costs and wages are eating up their profits, I guess?
Ahh yet another company with record profits that people said where not price gouging
And what are their expenditure increases? Does this time frame include the 80m they spent on buying Joyce’s? How about the 80m they spent on opening new stores.
How can people look at net profit and determine that price gouging hasn’t occured?
How about the dividend that the Irish branch pays the British branch? Up tens of millions year on year.
8 comments
A lot of cries of price gouging but doesn’t seem to have manifested.
Not entirely sure how the dividends pieces works out? Like is this additional profit that gets sidelined to the UK and brings the overall number down?
That’s actually 80m without the club card
A profit margin of under 3%. So for every 1 euro spent in Tesco, less than 3 cent of it is profit.
Considering their size and overheads that actually sounds very low.
About €750k per store or about €2000 per store per day.
Not a lot really.
Energy costs and wages are eating up their profits, I guess?
Ahh yet another company with record profits that people said where not price gouging
And what are their expenditure increases? Does this time frame include the 80m they spent on buying Joyce’s? How about the 80m they spent on opening new stores.
How can people look at net profit and determine that price gouging hasn’t occured?
How about the dividend that the Irish branch pays the British branch? Up tens of millions year on year.