About the Company
Walmart Inc. ( ; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States, headquartered in Bentonville, Arkansas. The company was founded by brothers Sam and James "Bud" Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses. As of October 31, 2022, Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India. It has wholly owned operations in Chile and a majority stake in Massmart in South Africa. Since August 2018, Walmart held only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and private equity firm Advent International holding 80% ownership of the company. They eventually divested their shareholdings in Grupo Big to French retailer Carrefour, in transaction worth R$7 billion and completed on June 7, 2022. Walmart is the world's largest company by revenue, according to the Fortune Global 500 list in October 2022. In February 2023, Walmart announced that its FY2023 total revenue was $611.3 billion. Walmart is also the largest private employer in the world with 2.2 million employees. It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings. Walmart was the largest United States grocery retailer in 2019, and 65 percent of Walmart's US$510.329 billion sales came from U.S. operations. Walmart was listed on the New York Stock Exchange in 1972. By 1988, it was the most profitable retailer in the U.S., and it had become the largest in terms of revenue by October 1989. The company was originally geographically limited to the South and lower Midwest, but it had stores from coast to coast by the early 1990s. Sam's Club opened in New Jersey in November 1989, and the first California outlet opened in Lancaster, in July 1990. A Walmart in York, Pennsylvania, opened in October 1990, the first main store in the Northeast. Walmart's investments outside the U.S. have seen mixed results. Its operations and subsidiaries in Canada, the United Kingdom (ASDA), Central America, South America, and China are successful, but its ventures failed in Germany, Japan, South Korea, Brazil and Argentina.
Exchange
NYSE
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
Loading the fundamentals chart...
Latest $WMT News
Walmart CEO’s 30-year career started by unloading trailers at the warehouse
Now, he says many of Walmart’s 2.1 million workers email him asking how to emulate his success at the company. His response?
Walmart’s Director and Heir Rob Walton to Step Down From Board
Walmart Inc. announced that the eldest son of the companys founder, Sam Walton, is retiring. On Thursday, April 25, the ...
Walmart CEO Doug McMillon Sees $27 Million Pay Day
As is typical for retail bigwigs, the bulk of the CEO's pay came from stock awards, which for McMillon were valued at $19.6 ...
Walmart Releases 2024 Annual Report and Proxy Statement
Walmart Inc. (NYSE: WMT) issued its 2024 Annual Report and filed its Proxy Statement today in preparation for the company’s Annual Shareholders’ Meeti ...
Walmart-Backed Ibotta Rises 17% After $577 Million IPO
Ibotta Inc. climbed 17% in its trading debut after the digital marketing software firm and a group of shareholders raised ...
Affirm Stock Drops As Walmart Rolls Out New Payment Options: The Details
Affirm Holdings Inc (NASDAQ:AFRM) shares are trading lower Tuesday following a report indicating Walmart Inc’s (NYSE:WMT) ...
New Walmart campus food options to include Wright’s Barbecue, open to the public
Popular Arkansas restaurant Wright's Barbecue will open a location on Walmart Inc.'s new Bentonville campus, and it will be ...
Top Walmart Shareholders
Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic ...
Walmart details inclusion in annual diversity report
Walmart Inc. has the most women and people of color in its U.S. officer positions since at least 2021, the company said ...
Walmart Just Announced a Big Change, and I Don't Think Gen Z Will Be Very Happy
WalMart is trying a store without self-checkout. So of course, I thought immediately of Generation Z . Because back in January, a company polled 4,000 shoppers to figure out whether they preferred ...
Walmart Inc. (WMT)
BENTONVILLE, Ark., February 20, 2024--The Board of Directors of Walmart Inc. (NYSE: WMT) approved an annual cash dividend for fiscal year 2025 of $0.83 per share on a post-stock split basis ...
Walmart Foundation gives $750K to fight food insecurity across our area
BENTONVILLE, Ark. — The Northwest Arkansas Food Insecurity Community of Practice announced it has received a $750,000 grant ...
Loading the latest forecasts...