The mega-retailer knocked Exxon Mobil out of the top slot to rule the Fortune 500 again this year. Wal-Mart managed to lift revenues, on top of a big increase in 2008, by attracting bargain-hungry customers from competitors with remodeled stores and inexpensive private-label goods, offering everything from frozen pizza to patio furniture in one stop. A single trip also meant less spending on gas. Result: Profits surged a whopping 7% to $14.3 billion.
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Key financials |
$ millions |
% change from 2008 |
Revenues |
408,214.0 |
0.6 |
Profits |
14,335.0 |
7.0 |
Assets |
170,706.0 |
|
Stockholders' equity |
70,749.0 |
|
Market value (3/26/2010) |
208,662.5 |
|
Profits as % of |
|
Revenues |
3.5 |
Assets |
8.4 |
Stockholders' equity |
20.3 |
Earnings per share |
|
2009 $ |
3.70 |
% change from 2008 |
9.1 |
1999-2009 annual growth rate % |
11.9 |
Total return to investors |
% |
2009 |
-2.7 |
1999-2009 annual rate |
-1.5 |
|
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