Walmart USA has 1.5 million employees and makes a net profit of $15 billion in 2019. So a co-op Walmart would have everyone making $10,000 more. Walmart also makes $125 billion gross profit. From this gross profit, a lot goes into parasitic activities like interest, rent, overpaid executives, unnecessary middle managers, regressive taxes(payroll) etc. So it's not just $10k but easily much more.
I'm at a loss how to find out quantity and types of expenses that are paid from gross profit from the 10-K. I would appreciate any help.
My hunch is that the average wage of Walmart employees can easily be like $50k instead of the $25-30k. If this is right, I will go on to make agitprop for /r/Walmart showing them benefits of co-op Walmart and socialism which eliminates regressive taxes, rent, interest etc. I just don't want to make any obvious errors.
Do you have a link to the 10-K? Ideally, you'd also look at several years in case 2019 was an outlier.
While the math here checks out, I would assume a worker co-op would typically choose to re-invest at least some of its profits. That ensures long-term profitability and can also directly improve the workplace.
https://www.sec.gov/Archives/edgar/data/104169/000010416919000016/wmtform10-kx1312019.htm
I think net profit is what's left after investment is removed right, or am I wrong?