At the end of 2017, Walmart Inc. (WMT) reported annual revenues of $500.34 billion, gross profit of
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At the end of 2017, Walmart Inc. (WMT) reported annual revenues of $500.34 billion, gross profit of $126.95 billion, and net income of $9.86 billion. Costco Wholesale Corporation
(COST) had revenue of $129.03 billion, gross profit of $17.14 billion, and net income of $2.68 billion.
a. Compare the gross margins for Walmart and Costco.
b. Compare the net profit margins for Walmart and Costco.
c. Which firm was more profitable in 2017?
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Jonas Araujo
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