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It's 4% for Loblaws, and when the profit is billions it does matter.
It doesn't, because you still have a tiny margin. Get one bad year and your business will be wiped out.
Not when the profit is billions, Loblaws could run at at a sizeable loss for the next decade and still be fine.
No, it can't. 4% loss will wipe out everything they've earned. That's the problem with low margins.
Yes it can, they've been making billions in profits every year for years. Unless they are morons and frittered away the profits, they absolutely can run at a moderate loss for years.
Why are you defending billionaires?
Because you don't understand economics and act like a 13yo kid.
Because you think the board should take the profits and be billionaires.
I clearly understand economics better than you, because Loblaws could easily survive years running at a loss given the BILLIONs in profits they currently make annually, and the billions their owners are worth.
You certainly don't understand economics... Why do you even argue then?
Clearly you don't, since you have no concept of how much money billions is.
It's all relative. I know, that can be a hard concept to grasp for some, but billion is not that much when it's a measly 4%.
You asserted Loblaws would go under from 1 bad year.
That's absolutely idiotic, Loblaws could have several bad years and have enough money in the war chest to weather that. Reletivity does not matter when they literally have billions to sustain themselves.
You're inability to grasp BILLIONS is astounding. You act like it's a million dollars.