codybevans t1_j9gbfdw wrote
Reply to comment by BrushNovel9003 in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
I don’t know where you’re getting 6% from but I have never seen a retailer in this market pull 6%. I manage a medium sized chain and we run about 2%. Target pulls about 3%. Kroger pulls about 1.5. Walmart is usually around 2%. I’m very familiar with P/L’s in this industry and this all seems right.
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