[OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31)nobecauselogic t1_j9joax2 wrote
Reply to comment by Appropriate-Youth-29 in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
Curious about the use of that metric. Why not use EBITDA? I would guess that an independent retailer has more depreciation cost than amortization, or maybe it’s uneven across the sector and this evens it out? Just curious.
Appropriate-Youth-29 t1_j9khrg2 wrote
That’s my bad. Typo and missed a letter.
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