Walmart Over Amazon: Retailer Wins EBITDA Multiple Foot Race
Walmart Inc.’s been the biggest kid on the retail playground for decades. So when its market capitalization — the combined value of all of its outstanding shares — topped $1 trillion last week, it was a brick-and-mortar breakthrough, but also confirmation of what everybody knows. More from WWD What’s more surprising is that Walmart, right now, is packing more investment bang for its buck than its online rival Amazon, which is still winning on market cap. It takes a little math to suss it all out. Appl ...