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.