Box Behemoth

Walmart, the biggest retailer in the U.S., has 1.5 million U.S. employees, enough to make it the 41st largest state. In FYE 1/23, Walmart had sales revenue of $606 billion, which would (pardon the apples to oranges comparison) make it the world’s 24th largest economy. Between 2/1/23 and 10/31/23, it enjoyed $474 billion in sales, but net profit of $10.6 billion, a squeaky tight net margin of 2.2%.