• @[email protected]
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      -28 months ago

      It doesn’t, because you still have a tiny margin. Get one bad year and your business will be wiped out.

      • @[email protected]
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        28 months ago

        Not when the profit is billions, Loblaws could run at at a sizeable loss for the next decade and still be fine.

        • @[email protected]
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          -58 months ago

          No, it can’t. 4% loss will wipe out everything they’ve earned. That’s the problem with low margins.

          • @[email protected]
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            18 months ago

            Yes it can, they’ve been making billions in profits every year for years. Unless they are morons and frittered away the profits, they absolutely can run at a moderate loss for years.

            Why are you defending billionaires?

              • @[email protected]
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                18 months ago

                Because you think the board should take the profits and be billionaires.

                I clearly understand economics better than you, because Loblaws could easily survive years running at a loss given the BILLIONs in profits they currently make annually, and the billions their owners are worth.