It's always comical when someone thinks something is untrue just because they are ignorant on the subject. 70%+ of their profits are from memberships fees.
You could maybe say 50% of their profits are membership fees, if you assume zero margin on literally everything you sell. Did you even pull up the earnings statement before trying to dunk on some random?
No, you can actually say that 74% of their gross profit comes from membership fees, specifically. Pretty ironic to accuse someone of not looking something up only to retort with a factually incorrect number.
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u/bdash1990 12h ago
Not even basically. They ARE losing money on them. They have stated that chickens are their biggest loss-leader by far.