Hacker News new | ask | show | jobs
by alberth 878 days ago
Walmart did ~$600B revenue across ~10k stores.

Which means each store generates ~$60M/store.

For someone responsible for $60M in revenue, is the GM of a store with hundreds-of-thousands of products, and manages dozens/hundreds of employees - having an OTE of $0.4M could be argued as being underpaid.

(Correct, I'm not factoring in eComm - but directionally the numbers are still rough order of magnitude accurate)

---

Contrast that with being a Chic-Fil-a GM/operator, which is a radically smaller business by an order of magnitude, effectively just has 1 product (chicken) ... who makes $0.2M per year.

https://corporate.walmart.com/about/location-facts

https://www.mashed.com/179233/how-much-chick-fil-a-franchise...

1 comments

Revenue isn't a meaningful measure. Margin is.