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In the discussion thread: Walmart's Fight Hunger Campaign [View all]

Response to KentuckyWoman (Original post)

Sat Apr 7, 2018, 06:11 PM

4. Now.............this is something you will never never see. a defense of "Wallmart"

https://www.nasdaq.com/symbol/wmt/financials?query=income-statement

Yes, it is correct that Walmart had a profit of 13 Billion as stated above...But hit the link above, and you will see that the gross revenue was about 485 Billion...with a gross profit..of 128 Billion...but, after other expences..
...........................................................
a net profit of 13 Billion..yes that is a lot. But, in relation to whole gross revenue (485 Billion) ..that 13 Billion profit ......is.............are you ready...about 3 and 1/2 percent.....

I got into this subject about a year ago..and did research on some other companies that do not have the...."evil" reputation of Walmart. .and found that some pharmaceutical companies, which sell us pills that some of us need to live on.......have a profit of close to 33 percent of gross revenue. Most were in the 25 -30 percent rage for net profit. So, if one looks at that, you could say stuff that we need to live on, pills, those companies are screwing us royally.....and we got to have that stuff.............

While Walmart...who is screwing us a some., well......guess what? .... Shop somewhere else..You don't have to go there..............Walmart has plenty of competition.....and one more thing...some of the stuff at Walmart really is cheaper than other places..

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Replies to this discussion thread
Arrow 6 replies Author Time Post
KentuckyWoman Apr 2018 OP
hatrack Apr 2018 #1
Angry Dragon Apr 2018 #2
JNelson6563 Apr 2018 #3
LineNew Reply Now.............this is something you will never never see. a defense of "Wallmart"
Stuart G Apr 2018 #4
JustABozoOnThisBus Apr 2018 #5
NightWatcher Apr 2018 #6
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