Comments by "" (@ThePlainBagel) on "Grocery Store Greedflation - Is Price Gouging Behind Higher Food Prices?" video.

  1. Well that's evidence of price inflation, but doesn't really tell us what's driven the price inflation. Did Pepsico start charging a bigger mark up, or did they charge higher prices because they were paying higher for their inputs? Their net income margin was pretty range bound during the pandemic
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  2. It's mentioned very briefly in the video, but even food manufacturers didn't see any meaningful movements in profit margins> Lays is owned by Frito-Lay, who is owned by Pepsico. Pepsico's gross margin/net income margin were 55.4%/10.9% in 2019. In 2022, they were 53.3%/10.3%
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  3. Good question - no, that's not directly accounted for by these metrics, but at least for Loblaw's case it's worth noting that the executives took a big pay cut during peak inflation. Executive compensation is also still a relatively small cost when compared to company revenues.
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  4. Definitely possible, albeit the Loblaws CEO took a big pay cut during the pandemic (I believe his salary was cut in half). Executive compensation, while absurdly high, is still a relatively small cost when compared to their revenues.
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