Wal-Mart: $1 Billion a Day

In 1955, General Motors (GM) became the first American company to make over $1 billion in a single year. Today Wal-Mart (WMT) reported its fourth-quarter earnings. The earnings aren’t that interesting (95 cents a share), but check out the sales number–$98.09 billion! That’s an average of $1.06 billion a day.
For the record, ExxonMobil (XOM) already hit the $100 billion quarterly revenue mark in 2005, but that was due to soaring oil prices.

Posted by on February 20th, 2007 at 11:21 am


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