The consolidated gross profit rate declined 83 basis points in the holiday quarter, primarily due to markdowns and sales of lower-margin products, the company said.
In contrast, Kraft Heinz and PepsiCo plan to pause further price hikes to counteract declining volumes, but their prices are still substantially elevated compared to a year earlier.
Oh oh. Better lay off the minimum wage workers.
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
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