- cross-posted to:
- news
- workreform
- cross-posted to:
- news
- workreform
The retailer says the change will create consistency in starting hourly pay across individual stores.
The retailer says the change will create consistency in starting hourly pay across individual stores.
https://www.macrotrends.net/stocks/charts/WMT/walmart/gr
Profits are up more than 2% year over year. Fuck these guys
Inflation is up higher than 2%, so that’s an effective loss.
Walmart is a shitty company, to be clear, but this isn’t exactly a sign of super healthy finances.
This is from Aug 17:
“Walmart reported Thursday a net profit for the second quarter that surged 53.3 percent from last year”
Net income for the quarter was $7.89 billion. They’re doing fucking fine.
https://markets.businessinsider.com/news/stocks/walmart-q2-profit-up-53-results-top-estimates-1032563382?op=1