[OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31)PointyWombat t1_j9ik369 wrote
Reply to comment by codybevans in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
This is enlightening. Thanks for sharing. I had no idea margins were actually as thin as that. Also, when you say 'the industry', are you referring to retail in general for consumer goods?
codybevans t1_j9rgvh4 wrote
No worries. Most people don’t know because they’ve never needed to. And most of my experience is in retail and specifically grocery. Some sectors of retail do have higher margins. Home improvement, and some apparel companies for example. But I am not well versed enough in their operations to know a lot about them.
Viewing a single comment thread. View all comments