this post was submitted on 01 May 2024
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Anticonsumption

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submitted 5 months ago* (last edited 5 months ago) by [email protected] to c/[email protected]
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[–] [email protected] 22 points 5 months ago

It's because they announced to shareholders they made $500 million less than expected in the last 3 months. They expected to make $9.1 billion but made $8.6 billion. Their sales are down worldwide indicating it's not just a US thing.