How Corporations Are Taking Advantage of Inflation
What Next | Daily News and Analysis
Slate Podcasts
4.3 • 2.4K Ratings
🗓️ 17 May 2022
⏱️ 28 minutes
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| 0:00.0 | I think that the holidays feel like frozen noses. I love walking with the dog for long periods of time. |
| 0:10.0 | Hopefully it's snowing and you've got to wrap up warm. So I think a frozen nose is a sweaty armpit |
| 0:15.0 | because your wrapped up so warm but then you're climbing hamps and heath and you get to the top |
| 0:20.0 | and you're like, and then you can see the breath but then your nose is still freezing to touch. |
| 0:25.0 | Join in every sip with Red Carps now Back at Starbucks. |
| 0:31.0 | Hey everyone, just wanted to give a special welcome to all of our new listeners from over at Spotify. |
| 0:37.0 | Yeah, we see you guys. Welcome. And just make sure you go and click that follow button. |
| 0:42.0 | It'll make sure I am sitting in your feed day in, day out. You won't miss a thing. |
| 0:48.0 | Alright, on with a show. |
| 0:51.0 | For the last few months, Lindsey Owen and our colleagues at the Groundwork Collaborative Think Tank |
| 0:59.0 | have been listening in on these phone calls. |
| 1:02.0 | We combed through and listened in on hundreds of corporate earnings calls. |
| 1:09.0 | These are the quarterly phone calls that, you know, CEOs and CFOs have with their investors and shareholders |
| 1:15.0 | each quarter after they release their quarterly report. |
| 1:18.0 | It's like a corporate pep rally, right? |
| 1:21.0 | It can be a bit of a pep rally. Yeah, boosting up the investors trying to juice the share price a little bit. |
| 1:30.0 | Lindsey's been looking for answers about our weird economy at the moment. |
| 1:34.0 | Specifically, she's looking for the origin of the inflation that's dogging all of us at the grocery store, at the gas pump, just about everywhere. |
| 1:43.0 | Are these corporations feeling pressed right now? Like are they like, oh, this economy man, it's stretching us. |
| 1:49.0 | The main takeaway that we had from these earnings calls is these CEOs are saying that inflation has been very good for business. |
| 1:59.0 | I'd like to welcome everyone to the Coca-Cola companies first quarter earning the results conference call. |
| 2:04.0 | Today's call is being recorded. |
... |
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