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by aerotwelve 1181 days ago
If they were only increasing prices to a degree that covered their (temporary) higher costs, they wouldn't be making record profits. Since they generally brag on these calls about their record-breaking profits, and say that their record-breaking profits are linked to the fact that they raised prices, we can safely deduce that they're increasing prices more than they had to.
1 comments

No clue about the general topic, but if you hold margins constant during inflation, you should expect record-breaking nominal profits by default.