The earnings per share of Wal-Mart has been increasing significantly over the past few years. This proves the financial strength of Wal-Mart amid the stiff competition in the financial market environment.
About Earnings Per Share of Wal-Mart
Wal-Mart ranks as the biggest retail company in the world. The company is headquartered in Arkansas, United States and functions through a number of discount departmental stores. The common stock of Wal-Mart is traded on the New York Stock Exchange (NYSE) under the ticker symbol WMT.
For the financial year 2007, the revenue earned by Wal-Mart amounted to 345 billion US dollars and the earnings per share of Wal-Mart was US $2.89.
The revenue earned by Wal-Mart for the financial year 2007 was more than the revenue earned by the company for the financial year 2006 by 10.4%. Increase in the earnings per share of Wal-Mart proves that the Wal-Mart is experiencing a prosperous trend.