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« 10 Things You Might Not Know About the Sirius-XM Merger | Main | Medtronic Earns 61 Cents a Share » February 20, 2007 Wal-Mart: $1 Billion a DayIn 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 edelfenbein at February 20, 2007 11:21 AM |
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