How much profit does walmart make a year
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In the fiscal year ended January 31, , Walmart's revenue amounted to billion U. Compared to a year earlier, the retailer's revenue increased by nearly seven percent. Walmart, formerly known as Wal-Mart Stores, Inc. The company operates discount stores, supercenters, and neighborhood markets globally. Powerhouse of retail in both domestic and international markets Walmart deals in a wide variety of products, such as groceries, apparel, furniture, home appliances, and electronics.
The company operates through three distinct business segments: Walmart U. How do other leading retailers compare to Walmart, in terms of sales revenue? Walmart is far ahead of its rivals in the global fast moving consumer goods sector, with over double the retail sales of its closest competitors.
In terms of historic sales revenue, Amazon and Costco have also witnessed the steady growth experienced by Walmart over the past number of years. Loading statistic Show source. Download for free You need to log in to download this statistic Register for free Already a member? Log in. Show detailed source information? Register for free Already a member? More information. Supplementary notes. Walmart dominates the American retail landscape, generating more annual income than Target, Walgreens, and Home Depot.
On the other hand, Walmart is in constant rivalry with Amazon. While Walmart benefits from stores, Amazon rules online platforms. Walmart has strategically developed its online presence. In the meantime U. Additionally, you can also see our guides on why Walmart is hated and why Walmart is called Wally World! Breaking down the figures, we gain perspective of how large Walmart is.
Figures prior to were retrieved from previous publications of the source. B2C E-Commerce. General Merchandise. Walmart: number of stores in the U.
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Skip to main content Try our corporate solution for free! Single Accounts Corporate Solutions Universities. In , Walmart's net income amounted to about That year, Walmart's total net sales amounted to billion U. Loading statistic Show source. Download for free You need to log in to download this statistic Register for free Already a member? Log in. Show detailed source information? Register for free Already a member?
More information. Supplementary notes.
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