• cygnus@lemmy.ca
    link
    fedilink
    arrow-up
    3
    ·
    3 months ago

    Yes, but there are many more expenses associated with running their business beyond simply COGS. Their net income last year was 11B, which is pretty average for a company that size.

    • TachyonTele@lemm.ee
      link
      fedilink
      arrow-up
      2
      arrow-down
      1
      ·
      3 months ago

      I’ll be completely honest. I don’t care anywhere near enough about the actual number that you do. I looked it up, and that was that. I didn’t write a financial report.

      • cygnus@lemmy.ca
        link
        fedilink
        arrow-up
        6
        ·
        3 months ago

        I dislike that you’ve put me in the position of defending Walmart, but don’t you find it rather misleading to imply that they made 163 billion dollars in profit when the real number is less than 10% of that?