profits plummet

Frequency: 6.840.3 per million words

The amount of profit decreases very quickly and dramatically.

Categories:

Examples (10)

  • The company's profits plummeted following the accounting scandal.
  • Annual profits plummeted by 50% due to the global economic recession.
  • Retail profits plummeted during the lockdown as stores were forced to close.
  • Investors fear that profits will plummet if the new tax law is passed.
  • After a decade of steady growth, their profits plummeted last year.
  • High energy costs caused the airline's profits to plummet in the third quarter.
  • While competitors thrived, this firm saw its profits plummet due to poor management.
  • Share prices fell sharply as quarterly profits plummeted unexpectedly.
  • Profits plummeted almost to zero within just six months of the product launch.
  • The latest financial report shows that profits have plummeted across all divisions.