Wal-Mart Makes Fortune 500 List
By: Import User
Updated: January 7, 2009
For the third straight year, Wal-Mart Stores
Incorporated is atop the Fortune 500 list of companies. The
magazine`s list ranks firms based on sales figures.
Bentonville-based Wal-Mart had 2003 sales of $259 billion.
Four other companies based in Arkansas are also on the list.
Springdale-based Tyson Foods, the world`s largest meat producer, is
Number 72. Among companies in Little Rock, Alltel Corporation is
Number 251 and Dillard`s is Number 258. El Dorado-based Murphy Oil
came in at Number 340.
In terms of profits, Exxon Mobil was first on the Fortune list
with $21.5 billion in earnings. Wal-Mart, which
has the lower profit margins of the retailing industry, had
$9 billion in earnings.
