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Retail theft: Walmart, Home Depot, Target detail 'unacceptable amount' of crime
(finance.yahoo.com)
"What we're seeing today requires the government, the community, the retailer, everyone, ... including the consumer, to take action," Johnston said.
From looking at all of the figures I can find reporting on it, I believe the $2.78 billion figure you have here is off by a factor of 10. I imagine that the shareholders would be screaming bloody murder if a company with over $100 Billion in revenue only had $3 billion in profit.
I was going by their earnings report. It's entirely possible I missed a decimal place or something, but I just took another look at it and it seems right? (If I made a mistake it's a mistake I made twice, which I am fully capable of doing.)
For a company that's selling commodities you can get dozens of other places, and that maintains a large retail footprint, that doesn't sound too far off base.