Even 5.9 million would have been too much…

More unsourced, unsupported, TikTok communist nonsense from the liberal leftists.

I said net income.
Not net profit.

Oh, so you did.

Thus verifying either your prevarication or your lack of the most rudimentary understanding of business and finance.

I posted a beginner's educational aid in accompaniment to this comment.

Why don't you post your source for that information?

If it disproves my source I will accept it even if it comes from a pedo defender that knows what he's talking about.

Sorry I flubbed that. I said income not net income.

Mea culpa. Net income accounts for after costs including stock buybacks. Gross income doesn’t.
The 5.9 billion on buybacks is why they appear to only have a 2% margin. When reality is if that was outlawed like before Regan it would be significantly higher.

You stated NET INCOME in ALL of your comments.

Not once did you say income.

Income, aka net income, aka net profit is gross profit, aka gross income, less expenses.

2% is a decent margin for a behemoth corporation like Walmart.

Is this the part where I screech "you're moving goalposts!" and insult your intelligence?

I can never remember in which order y'all do that.

You have yet to post a single document verifying your allegation(s).

💰SHOW ME THE EVIDENCE ! 💰

😄 you really gonna explain the difference in gross and net to me?

Educator, school thyself! 😄

Also 2% margin is utter garbage

We got better margins on cocktails at a rum bar I worked at.

Unless you removed the stock buybacks as a factor then it all makes sense how a giant business like Walmart is only posting a 2% margin.

I have worked at very large corporations.

I saw their reports.

2% - 3% is decent.

General Electric posted an operating margin of 4.95% for 2023.

Cost GE roughly 95¢ to make $1.

Target's margin was 3.13% for 2023.

Did they do an unscrupulous stock buy back?

For bars 10% is decent.

I recommend learning more about business costs and techniques that allow them to survive and thrive before you make baseless accusations against them of robbing you to stay afloat.

They are robbing you to stay afloat.

Learn why that is.

P.S. Hospitals nationwide average a profit margin of ~2%...how are they screwing the consumer?

Yes actually many of those large corporations make large purchases of stock buy backs.

In fact it was one thing Boeing was doing rather then doing quality control but that got drowned out by “it’s cuz they hired an unqualified brown person because dei.”

These large businesses are not just barely getting by. They have low margins because they are artificially inflating their stock prices through buybacks because many executives get stock compensation that dwarfs their salary.

You post no support for your statements because none exists.

None exists because to appropriate a blurb making the TikTok circuit or just make up your information based on your "feelings".

For example, you likely spent money at Walmart several times this month.

Several times since you have been harboring resentment towards the company.

Rationale tells me that if you never shopped at Walmart you would not care what their prices are today.

I cannot continue conversation with a person that depends on emotional appeals instead of any semblance of rationale and "nuh uh" as their only argument.

One.
I don’t have a tick tock account.

Two: I have not bought anything from Walmart in over 3 years.

Three: you are correct I do resent Walmart as despite one of the largest corporations in America most of their employees are paid so little they qualify and only survive on government aid.

Four: is that why you come on here to argue with other people rather then yourself?

I meant in the meme.

I even admitted that I flubbed that.

Meant gross not net mea culpa.

keep deflecting.

Yes... ignore who the owners of Walmart support politically... gotcha

More and more deflection from the right. Just non stop deflection.