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Wal*Mart registers nearly $20,000 profit every minute of every day. Last fiscal year, Wal*Mart recorded profits of $10.3 billion.
$20,000 profit per minute!!!
Astonishing … ain’t it.
For comparison, Target’s profit per minute is $6,084 and Costco’s profit per minute is $1,711.
To say Wal*Mart is a money-making machine would be an understatement.
SOURCE: NY Times (reg. req’d) | The Count | Feb. 27, 2005
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» Wal-Mart rakes in $20,000 in profit every minute! from Alltheseideas.com
By way of Brand-Autopsy, Wal-Mart reportedly makes approximately $20,000 in profit every minute of every hour of every day. For comparison, Target’s profit per minute is $6,084 and Costco’s profit per minute is $1,711.... [Read More]
» Making every minute count. from larry borsato
According to the New York Times (free subscription required), Wal Mart makes $19,583 in profit - every minute of every day. Not revenue, but profit, left over after every invoice, expense, and tax is paid. By comparison, Target makes $6,084... [Read More]
» Wal*Mart’s Profit per Minute from John Hesch
From Brand Autopsy:
Wal*Mart registers nearly $20,000 profit every minute of every day. Last fiscal year, Wal*Mart recorded profits of $10.3 billion.
$20,000 profit per minute!!!
For comparison, Target’s profit per minute is $6,084 and Costc... [Read More]
» Walmart makes a lot of money from Elliott Back
Walmart's Profit per minute: $$$$$$$$ [Read More]
» Operational efficiency ala Wal-Mart from AlwaysWoW! For a Great Great WoW in Life
I am not saying that I am a Wal-Mart fan, but one can say what he or she wants. They are a money-making machine and without doubt, have all the right to be the Number 1 of the Fortune 500... [Read More]
» Operational efficiency ala Wal-Mart from AlwaysWoW! For a Great Great WoW in Life
I am not saying that I am a Wal-Mart fan, but one can say what he or she wants. They are a money-making machine and without doubt, have all the right to be the Number 1 of the Fortune 500... [Read More]
Yeah, but who *wants* to be at Wal-Mart? Target can be fun, Wal-Mart never is. And does anyone want to admit to shopping at Wal-Mart?
Posted by: Patrick | March 07, 2005 at 09:23 PM
Yeah but ... while consumers may not openly admit shopping at Wal*Mart, their wallets are doing the talking for them.
Now, there ain't nuthin' slouchy about Target's profit per minute. But when compared to Wal*Mart, Target looks like Ozzie Smith and Wal*Mart looks like Barry Bonds.
Wal*Mart's operational efficiency is the cream and the clear of retailing. Their growth has been on steroids for years now. And the side effects of 'union acne' and 'customer pushback acne' are starting to give then major problems.
Posted by: johnmoore (from brandautopsy) | March 07, 2005 at 09:52 PM
Damnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
Posted by: okkkay | September 21, 2005 at 09:07 AM
If you think about it, Wal-Mart only profits 3 cents for ever 100 dollars spent. HAT IS CRAZY!
Posted by: Jason | November 30, 2005 at 01:21 PM