Birdwatch Note Rating
2022-11-24 14:48:14 UTC - HELPFUL
Rated by Participant: 0B3A0F4300DB3FEBE8076C83260DF288393601B1B3F6C54E04BD4961E8ED746B
Participant Details
Original Note:
According to the Food Industry Association, pre-tax profits for Grocery Store Chains in 2021 were 3.2%, which is slightly higher than their historical 10-year average of 2% between 2010-2020. Profits margins were higher in 2020, even though food costs were lower at the time https://www.fmi.org/our-research/supermarket-facts/grocery-store-chains-net-profit https://graphics.reuters.com/USA-ECONOMY/INFLATION/klpygkedqpg/
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