WOW 0.57% $34.41 woolworths group limited

You’d be canny enough to know that untenable and gouging...

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    You’d be canny enough to know that untenable and gouging supermarket shelf prices and other unconscionable retailing behaviour is not explained as acceptable by reason of a standard net profit margin of 3% or so. Gross profit margin is a more relevant indicator.

    There is much scope in trading inefficiencies, a poorly run business, too high expenses ( e.g. excessive management remuneration) to erode sales revenue, yet the high GROSS profit margin is unaffected from rip off prices.
 
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