Which was weird, because at the same time, all these eminently guillotineable CEOs were ecstatic about the gains from greedflation:
https://pluralistic.net/2021/11/20/quiet-part-out-loud/#profiteering
#ColgatePalmolive CEO #NoelWallace told investors, "What we are very good at is pricing. Whether it’s foreign exchange inflation or raw and packing material inflation, we have found ways over time to recover that in our margin line."
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#colgatepalmolive #noelwallace
Talk about saying the quiet part out loud! Here's the eminently guillotineable Colgate CEO #NoelWallace: "What we are very good at is pricing." Or the tumbril-ready #Kroger CEO #GaryMillerchip: "We’ve been very comfortable with our ability to pass on the increases that we’ve seen at this point, and we would expect that to continue to be the case."
8/
#noelwallace #kroger #garymillerchip