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SoiledSnake 07/04/17 9:03:32 AM #1: |
I've heard this before, like supposedly every store is rolling in the dough and they make a lot on each item they sell. I think they really don't make that much on each item they sell and supposedly the profit margin is much smaller on grocery stuff. I think walmart might have some of the most lax return policies in the retail world too, right up there with costco.
--- "There's another in my.............."---Paz ... Copied to Clipboard!
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deupd_u 07/04/17 9:05:18 AM #2: |
How old are you?
--- Snipers don't shoot at paper, they shoot watermelons. http://i.imgur.com/jo511lG.jpg ... Copied to Clipboard!
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SoiledSnake 07/04/17 9:06:37 AM #3: |
deupd_u posted...
How old are you? how old are you? --- "There's another in my.............."---Paz ... Copied to Clipboard!
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deupd_u 07/04/17 9:11:00 AM #4: |
SoiledSnake posted...
deupd_u posted...How old are you? I'm old enough to know, off the cuff, the fundamentals of how a retail business works, and what financial statements are. --- Snipers don't shoot at paper, they shoot watermelons. http://i.imgur.com/jo511lG.jpg ... Copied to Clipboard!
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SoiledSnake 07/04/17 9:12:38 AM #5: |
deupd_u posted...
SoiledSnake posted...deupd_u posted...How old are you? you do? good for you. Way to address the topic title and talk about it. You know what that means don't you? --- "There's another in my.............."---Paz ... Copied to Clipboard!
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PoopPotato 07/04/17 9:13:55 AM #6: |
Used to work at Walmart. Those handheld devices they use to scan stuff shiws the percentage of markup. Some items would be over 100%, while some would actually be a mark down. The idea is to get people in the store to buy the discounted items with the hopes that they also buy the items that are marked up so that you end up with a net profit.
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CreekCo 07/04/17 9:14:50 AM #7: |
Wally World has almost infinite credit, which is even better.
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SK8T3R215 07/04/17 9:23:12 AM #8: |
Learn what audited financial statements are.
--- New York Knicks, New York Jets, New York Yankees. ... Copied to Clipboard!
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CwebbMichSac4 07/04/17 9:25:49 AM #9: |
you should learn how to write an intelligent and coherent post, you don't know shit
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Bio1590 07/04/17 10:01:43 AM #10: |
Wal-Mart is publicly traded, they'd have to outright lie to hide money.
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ChouBF 07/04/17 10:07:53 AM #11: |
deupd_u posted...
I'm old enough to know, off the cuff, the fundamentals of how a retail business works, and what financial statements are. Oh yeah, I remember when I hit my magical birthday that suddenly filled me with knowledge of how financials work. Good stuff. ... Copied to Clipboard!
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lilORANG 07/04/17 10:08:18 AM #12: |
Damn people on this board are so smart. They know all about financial statements LMFAO
--- Mars ain't the kind of place to raise your kids. ... Copied to Clipboard!
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CwebbMichSac4 07/04/17 10:10:03 AM #13: |
ChouBF posted...
deupd_u posted...I'm old enough to know, off the cuff, the fundamentals of how a retail business works, and what financial statements are. yeah i was about to say this too. Good that i'm not the only guy that saw how full of it this guy was ... Copied to Clipboard!
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FrisbeeDude 07/04/17 10:10:15 AM #14: |
TC getting savaged
--- No one gets in the way of my frisbee games! NO ONE! ... Copied to Clipboard!
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CwebbMichSac4 07/04/17 10:11:39 AM #15: |
FrisbeeDude posted...
TC getting savaged no he wasn't some guys agreed with him ... Copied to Clipboard!
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HydraSlayer82 07/04/17 10:11:49 AM #16: |
Bio1590 posted...
Wal-Mart is publicly traded, they'd have to outright lie to hide money. --- Sigless user ... Copied to Clipboard!
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whitelytning 07/04/17 10:16:58 AM #17: |
From their 2017 financials, they have a profit margin of 24.9% on almost 500 billion of total revenue and reported $21b in "Free cash flow" which comes from net cash provided in operating minus payments for property.
http://s2.q4cdn.com/056532643/files/doc_financials/2017/Annual/WMT_2017_AR-(1).pdf --- ************************************************ http://i.imgur.com/iZdWIKJ.jpg ... Copied to Clipboard!
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