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SYSCO Foods WARNING
SYSCO Food Dist. today warned of increasing retail pressure and reported earnings erosion due to increased transportation & other fixed costs - - -
The stock traded lower at -6% TO 11% during trading session today - Hmmmm - shipping costs starting to mysteriously appear - IMaGIN tHAt - - -
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Re: SYSCO Foods WARNING
Well there`s a truck driver shortage, that plays in there. Some of these cities have a $15 minimum wage, perhaps that cost is amortized among their other sites. Tis a pity they can`t blame tariffs?
Maybe they bought back shares to shore up stock prices with their stash of cash? Stock buybacks aren`t unheard of.
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Re: SYSCO Foods WARNING
If the $15.oo / hour was their only problem - that's somewhat easy to solve - - -
Cheap logistics are becoming a faint memory , while the ''' new ''' corporate tax relief package , profits margins should be a shining beacon ?
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Re: SYSCO Foods WARNING
The inflation of regulated commerce that saves the imaginary environment is just beginning. We have seen 10years so far with another 30 to go.
And----- I didn't realize sysco cared...... Or maybe they don't.
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Re: SYSCO Foods WARNING
The reality set in when the stock that's traded on the exchanges witnessed '' deflation '' - - -
Regulating commerce affect's on this being ? - I'm puzzled ? The A T A has the strangle hold on actions of D O T - - -
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Re: SYSCO Foods WARNING
Sw - A T A - American Trucking Asso. lobby charm $$$$ at work - - -
I'm puzzled that NuCor Steel stock hasn't had a big run up in pricing , due to tariff actions ?
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Re: SYSCO Foods WARNING
We voted -----we need those new old truck buyers coming in from the hike.
Nancy has it under control now... I know for a fact that boxed beef rides to the store in style........But sell some grain of any kind and see what drives in to pick it up......
more technical (its good for you) federal mandates are on the way
And Kansas is saved....Teaches union will now fix the state debt from those unfunded mandates. We saved a lot of money not teaching government or accounting to 80% of the voters.
By the way ....... I checked to see which midwest states had no debt ..... before 2008 I am sure there was some pride left in the middle. Now
the federal Pox is being distributed very evenly ----- these days North dakota, Vermont and Wyoming lead the thrifty with just under 10 billion each in debt. With those geniuses in california winning the debt prize with nearly 800 billion in growing debt (twice NY or Illinois(or Ohio at 321 billion-Texas at 341B. ) the california coast will lead the house now and lead the country in tax avoidance.
But it is easy to say "look at those guys" with the big debt but lets all take our share ----look at it per capita
Simpler put....... Per Capita...... State debt is everywhere and has only 7 states holding state debt below 10K per living resident. --Tennessee, Nebr., Indiana, Wisc., South Dakota, Arizona, Idaho.
Only 9 states over $20,000 pe person ---- Alaska 40+K, Hawaii 33+k, Conn 31+k, Ohio 27.8, Illinois, 24.9k, New Jersey 24.1k, New Mex. 24k, Oregon 22.2k, California 20.4k.......................
The rest with kansas at 14K are somewhere between. 10,000 per person and 20,000.... State only debt.
So add that to the $58,400. we each owe for federal debt and the 2,500 per year interest on our share and stop celebrating another election.
News media sounded like happy fools and enjoyed the extra hours pay.
Otherwise 1 I was glad to see local issues drive some races.
2 glad to see a few new faces in the galary. Mr Crow in Colorado was refreshingly humble and the new senator in Missouri seemed to have a grip.
3. Glad to see that at least one state(probably 4) punished a candiate for not taking a stand, and another state reward one who took that lonely stand to dissagree with the bully party leadership.
4 glad to see the respect for those who just do the job and enjoy going back home to enjoy the folks they serve. For a couple of reasons I watched the new england voters closer this year --- a land where winners are elected not appointed by a national syndicate of money laundering, and not recruited like a baseball player or a preacher.
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It is an ag business topic that affects every cash flow statement. PM me if you need this explained .... moderator...I'll send some visual aides.
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Re: SYSCO Foods WARNING
SW - Great Write - putting more on the credit card - and kicking the ole crumpled can again - - -
Tax Cut or Cuts OR , Death by a 1000 cuts - maybe - - -
Consolidation - that word needs to redefined - maybe - for sure - due to consolidation of lobby charm $$$$$ with the repercussions being addressed by the experts - - -
Con solidation - the action of making something stronger or more solid - hmmmm - - -
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Re: SYSCO Foods WARNING
Debt -----now is the time for evaluation, today while we can still find the mortgages. --- Mr Crow in Colorado -- just won and lost at the same time, He is an army Ranger, and he thinks he is an American/Coloradian. And he is , but now he has a 24 million dollar indebtedness to a party leadership he occasionally disagrees with. In a suburban Denver district
Will he become a statesman or just a party member?
At least with the newly elected there is hope.
An argument against term limits.....................term limits are the responsibility of the voter....we are deminishing the value of the vote when we legislate term limits. The vote is the opportunity to disagree with the lobbyists.
How a representative responds to lobbyists and party line should be a concern for the voter.... all politics is local.....if the voter pays attention..
IMO the topic question here was a good one for agriculture ..... and Sysco's statement was probably somewhat political, yet something we should all know already. Every new trucking regulation or safety requirement, or weight classification, or emissions idea is passed on in freight cost increases. The one thing that goes up faster than the stock market and the projections for corn yields is the level and scope of government regulations. = higher costs.