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Wal-Mart Tops Fortune 500

Posted Apr 21, 08 4:07 PM CDT in Business 

(Newser) – Wal-Mart nosed out Exxon Mobil for the second consecutive year to land atop the 2008 Fortune 500, with $37.7 billion in revenues, the magazine said today. In profits, the oil company far outstripped the megaretailer. Three of the top 5 on the list were oil companies, the AP reports. ChevronTexaco (No. 3) and GM (No. 4) swapped places, and ConocoPhillips again rounded out the top 5.

The rest of the top 10:

  1. General Electric
  2. Ford
  3. Citigroup
  4. Bank of America
  5. AT&T

Sources Fortune Magazine, Associated Press

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A sign stands in front of the Wal-Mart Stores Inc. headquarters in Bentonville, Ark., in this Oct. 5, 2007 file photo. Wal-Mart was No. 1 in the 2008 Fortune 500.   (AP Photo/April L. Brown, file)
BENTONVILLE, Ark., -- Santa trains his helpers at Wal-Mart's Home Office in Bentonville, Ark. Santa Claus will appear at all Wal-Mart stores and supercenters nationwide this Christmas season, offering...   (AP Photo)
The outside of a Wal-Mart store in Little Rock, Ark. is seen in this Dec. 26, 2007 file photo. Wal-Mart remained atop the Fortune 500 for 2008, edging out Exxon Mobil for the second straight year.   (AP Photo/Mike Wintroath)
In this Oct. 26, 2006 file photo, an Exxon gas station sign is shown in Dallas.   (AP Photo/LM Otero, file)
Trucks line up at an Exxon station Friday, Feb. 1, 2008 in Hialeah, Fla. Exxon Mobil Corp. was No. 2 in the 2008 Fortune 500, announced April 21, 2008.   (AP Photo/Wilfredo Lee)
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General Motors  • Citigroup  • Wal-Mart  • Ford  • Bank of America  • AT&T  • ExxonMobil  • General Electric  • Chevron  • ConocoPhillips  • Fortune 500


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