Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

(11,587 posts)

1. There is no valid reason for these corporations to raise their prices

Wed Jan 26, 2022, 05:55 PM

Jan 2022

Heinz Net income increased 23.2 percent to $736 million year over year.

https://ir.kraftheinzcompany.com/news-releases/news-release-details/kraft-heinz-reports-third-quarter-2021-results

So, they are still increasing income but got to raise prices..... that's no way to get new customers.

Sales in the US actually dropped. Maybe their prices are too high already.

Edit history

Please sign in to view edit histories.

0 members have recommended this reply (displayed in chronological order):

4 replies

= new reply since forum marked as read

Highlight:

Favorite foods about to get more expensive... [View all] left-of-center2012 Jan 2022 OP

There is no valid reason for these corporations to raise their prices Farmer-Rick Jan 2022 #1

Don't buy those products DemReadingDU Jan 2022 #3

Totally agree. Farmer-Rick Jan 2022 #4

Beer... mitch96 Jan 2022 #2