To: SkyDancer
Well, it’s $600,000 revenue every minute. It’s likely $20,928 is close.
3 posted on
08/11/2019 8:00:53 AM PDT by
TheZMan
(I am a secessionist.)
To: TheZMan
I’m talking about what does it cost WalMart to open its doors; what is their daily ‘nut’ as my business prof mentioned. People think that if they buy something for a dollar and sell it for two they’ve made a dollar profit. Not so.
5 posted on
08/11/2019 8:08:57 AM PDT by
SkyDancer
( ~ Just Consider Me A Random Fact Generator ~ Eat Sleep Fly Repeat ~)
To: TheZMan; SkyDancer
1. Americans spend $36,000,000 at Wal-Mart Every hour of every day.
2. This works out to $20,928 profit every minute!
$600,000 in revenue per minute equals $21M in profit? That's less than 3.5% profit margin.. That seems extremely low, especially when the bulk of their sales is in non-perishable goods. Most companies are in the 10-20%profit margin range.
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