Wow. That's incredible. I thought their full year's revenue hovered around $200 billion. $58 million is amazing for a day's profit. Hell, who does $3 million in daily profits!?! Not many companies can do that. But then, Sam Walton had a very Japanese, over the long haul, type of outlook on his business.
He saw that profiting on volume meant more than high profit margins on low volume and in time the market really came around to his outlook. It's like he saw it coming 60 years ago. I can't see Wal Mart doing anything but increasing and increasing until they are doing $1 trillion in revenue... which we will see in our lifetime.
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