Judd Legum

@JuddLegum ↗

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Last Checked Aug. 29, 2022

Created

Wed Nov 10 14:00:03 +0000 2021

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Judd Legum @JuddLegum

6. How can P&G get away with selling diapers at large margins? The diaper market isn't very competitive. The market is dominated by P&G and Kimberly Clark, which also raised its prices. Consumers don't have options. https://t.co/md7itT4Z8C — PolitiTweet.org

Posted Nov. 10, 2021 Hibernated

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Judd Legum @JuddLegum

5. But in its last quarterly earnings report, P&G reported $5 billion in profits on margins of 24.7%. The profit margin INCREASED by about 5% since it was jacked up prices. @ProcterGamble also spent about $3 billion buying its own stock https://t.co/md7itT4Z8C — PolitiTweet.org

Posted Nov. 10, 2021 Hibernated

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Judd Legum @JuddLegum

7. It's not just P&G. PepsiCo, Coca-Cola, Whirlpool, Conagra, Hasbro, and Chipotle all announced both price increases and reported increased profits. https://t.co/md7itT4Z8C — PolitiTweet.org

Posted Nov. 10, 2021 Hibernated