Alex321
Guru
- Location
- South Wales
Without getting too political in here and risking a rap on the knuckles from Spokey 😁...maybe have a look at the billions paid out to shareholders ?
They're still making huge profits,slashing jobs and squeezing suppliers...they're doing just fine.
You just prove my point.
"Huge profits" is meaningless when it is talking about how many £. And so are dividends.
It is profit margins which matter, and theirs are NOT high - nor are any of the other major supermarket chains.
And again, dividends per share, not total amount.
I'm not suggesting they are struggling, but they also aren't taking the excessive profits some seem to think.