• FlowVoid@lemmy.world
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    9 months ago

    No, operating income does not take dividend payments into account.

    The fact is that employee payroll/salaries is one of Walmart’s biggest expenses by far, and gross profit does not include it. So you cannot use gross profit to argue that Walmart could afford to give its workers a raise.

    It’s the equivalent of looking only at someone’s salary and then saying they should put more away for retirement. You are ignoring their expenses.