Change since start of last year (14 months ago):
Attachment 13602
Printable View
Change since start of last year (14 months ago):
Attachment 13602
So Foodstuffs / Progressive make huge ‘excessive’ profits …’excessive’ based on returns over cost of capital.
I think clothing retailers need to come under ComCom scrutiny ….jeez HLG with their 36% ROE and thus returns of say 25% to 30% allowing for cost of equity is truly ‘excessive’ …..daylight robbery and several times the return of those awful supermarket chains.
Not $1m a day but more than $60,000 a day if calculated the ComCom way
Never mind shareholders …more important NZers can afford decent clothes.
Fast fashion makes shopping for clothes more affordable, but it comes at an environmental cost. The fashion industry produces 10% of all humanity's carbon emissions, is the second-largest consumer of the world's water supply, and pollutes the oceans with microplastics.
Is this at $4 yet?
Remember $4 before Beagles $10
Still in profit @$4 so probably add more but everyone buying then who's selling ?