| Stage | CL | % of rev | EPC | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $5.4B | 100.00% | $570M | 100.00% | CL ×9.42 |
| Gross profit | $3.2B | 60.22% | $243M | 42.54% | CL +17.7pp |
| Operating income | $1.1B | 20.26% | $25M | 4.39% | CL +15.9pp |
| Pre-tax income | $1.0B | 18.98% | $18M | 3.16% | CL +15.8pp |
| Net income | $779M | 14.51% | $14M | 2.40% | CL +12.1pp |
| Stage | CL | EPC | Gap · A − B |
|---|---|---|---|
| Revenue | $5.4B100.00% | $570M100.00% | CL ×9.42 |
| Gross profit | 60.22%$3.2B | 42.54%$243M | CL +17.7pp |
| Operating income | 20.26%$1.1B | 4.39%$25M | CL +15.9pp |
| Pre-tax income | 18.98%$1.0B | 3.16%$18M | CL +15.8pp |
| Net income |
| 14.51%$779M |
| 2.40%$14M |
| CL +12.1pp |
CL 10-KFeb 23 '26
“Our sales to Walmart, Inc. and its affiliates represented approximately 11% of our Net sales in 2025.”
EPC 10-KNov 18 '25
“The Company's largest customer, Walmart Inc. and its affiliates (collectively, "Walmart"), accounted for approximately 17.4 % of consolidated net sales in fiscal 2025.”