America's Biggest Revenue Generator Made $5.1B In Profit For The Quarter: JPMorgan Makes That In How Many Days?
America's Biggest Revenue Generator Made $5.1B In Profit For The Quarter: JPMorgan Makes That In How Many Days?
Walmart Inc (NYSE:WMT) shares soared to an all-time high on Thursday after reporting a higher-than-expected $5.1 billion in net income and revenue growth. The Arkansas-based retail giant is the largest company in the world by revenue, according to Fortune. JPMorgan Chase & Co (NYSE:JPM) enjoys a similar status as one of the largest companies in the world. Amid Walmart's earnings beat, how does it compare to Fortune 500 peer JPMorgan?
沃爾瑪公司（紐約證券交易所代碼：WMT）週四股價飆升至歷史新高，此前該公司公佈的淨收入和收入增長高於預期的51億美元。據《財富》雜誌報道，這家總部位於阿肯色州的零售巨頭是全球收入最大的公司。摩根大通（紐約證券交易所代碼：JPM）作爲全球最大的公司之一享有類似的地位。在沃爾瑪的盈利超過預期，它與《財富》500強同行摩根大通相比如何？
Walmart Q1 Results: Walmart reported sales of $161.5 billion in the first quarter, up 6% year-over-year. After its cost of sales and SG&A, the company arrived at an operating income of $6.84 billion, up 9.6% year-over-year.
沃爾瑪第一季度業績：沃爾瑪報告第一季度銷售額爲1615億美元，同比增長6％。扣除銷售成本和銷售併購後，該公司的營業收入爲68.4億美元，同比增長9.6％。
Reporting net income of $5.1 billion, Walmart's adjusted earnings-per-share were 60 cents, beating analyst estimates of 52 cents.
沃爾瑪公佈的淨收入爲51億美元，調整後的每股收益爲60美分，超過了分析師預期的52美分。
JPMorgan Q1 Results: J.P. Morgan's reported revenue of $42.5 billion in the first quarter may seem measly compared to Walmart. However, the company arrived at a much higher net income of $13.4 billion. The company's earnings-per-share were $4.44, beating the consensus of $4.15.
摩根大通第一季度業績：與沃爾瑪相比，摩根大通公佈的第一季度收入爲425億美元，可能顯得微不足道。但是，該公司的淨收入要高得多，達到134億美元。該公司的每股收益爲4.44美元，超過了市場普遍的4.15美元。
JPMorgan earns Walmart's $5.1 billion in a mere 34 days.
摩根大通在短短的34天內就賺到了沃爾瑪的51億美元。
It's All in The Margins: JPMorgan's net margins were 31.5% in the first quarter compared to Walmart's 3.16%. This is unsurprising given the inherent differences between the retail industry and the financial services industry.
一切都在利潤率中：摩根大通第一季度的淨利潤率爲31.5％，而沃爾瑪的淨利潤率爲3.16％。考慮到零售業和金融服務行業之間的內在差異，這並不奇怪。
Walmart has a large overhead. With a self-reported 2.1 million employees, the company is the largest private employer in the world, according to Fortune. Meanwhile, JPMorgan's 311,921 employees seem paltry in comparison.
沃爾瑪的開銷很大。據《財富》雜誌報道，該公司擁有210萬名員工，是世界上最大的私人僱主。同時，相比之下，摩根大通的311,921名員工似乎微不足道。
The immense competition in the retail space drives Walmart's prices, and margins, down. Walmart has optimized its supply chain using technology and automation in its fulfillment center network. While this is expensive, it allows Walmart to compete with virtually every retailer on price, maintain its industry position and score sky-high revenue.
零售領域的激烈競爭使沃爾瑪的價格和利潤率下降。沃爾瑪利用其配送中心網絡中的技術和自動化來優化其供應鏈。儘管這很昂貴，但它使沃爾瑪能夠在價格上與幾乎所有零售商競爭，保持其行業地位並獲得天高的收入。
Also Read: Walmart, Lowe's, Target, Costco Foot Traffic Data Gives Hints About Retail Performance Ahead Of Earnings
另請閱讀：沃爾瑪、勞氏、塔吉特、好市多人流量數據暗示了盈利前的零售業績
譯文內容由第三人軟體翻譯。