Birdwatch Note Rating
2022-11-24 09:58:52 UTC - HELPFUL
Rated by Participant: 7D58721A3977A1C9988098726AB58F56B018544E0B251999D980DC3801355FB7
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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