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Wal-Mart most certainly does not lose money on every sale. Its gross margins have been very stable at around 24-25% every quarter for the past 10 years, includi
by listenallyall 5y ago
Wal-Mart most certainly does not lose money on every sale. Its gross margins have been very stable at around 24-25% every quarter for the past 10 years, including the pandemic. The interest it makes on the float, while significant to you or I, is mostly a rounding error in the interest-rate environment we're currently in.
https://ycharts.com/companies/WMT/gross_profit_margin https://ycharts.com/companies/WMT/gross_profit_margin