Posted 2/24/2014 12:00 am
You probably caught that Wal-Mart Stores Inc. released its financial results for the fiscal year that ended Jan. 31. The world’s largest retailer reached a record-high $473.08 billion in sales.
While that is an impressive amount, it’s even more eye-popping when you consider this:
The Bentonville venture generated slightly more than $900,050 in net sales, every minute of the day for 12 months.
And how much did Wal-Mart earn in net income per minute?
A little more than $30,480, which works out to $16.022 billion in consolidated net income for the year.