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this post was submitted on 13 Sep 2023
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They fucking brag about it on their earnings calls.
Different industry but same behavior: https://www.youtube.com/watch?v=syugb2Q9erY
They are all pretty thoroughly shameless.
"On Tuesday, Conagra Brands—one of the largest consumer packaged goods companies in the U.S.—announced that it had posted a nearly 60% year-over-year profit increase between December 2022 and February 2023."
https://time.com/6269366/food-company-profits-make-groceries-expensive/
I just googled grocery profits
You know, if you really bothered to read the article they actually linked the reports from the company.