53 Followers USX:WMT - Walmart Inc Walmart Inc
Sector: Consumer Discretionary, Industry: General Merchandise Stores
Next Earnings: 16 May 2024
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USD 60.72    +0.21 (+0.35%)

27 Mar 2024


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General

CEO: Mr. C. Douglas McMillon

IPO: 1972-08-25

Headquarters: US

Employees: 2,100,000

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Description

Walmart serves as the preeminent retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.Today, Walmart operates over 4,600 stores in the United States (5,200 including Sam’s Club) and over 10,000 stores globally. Walmart generated over $440 billion in domestic namesake sales in fiscal 2024, with Sam’s Club contributing another $86 billion to the firm’s top line. Internationally, Walmart generated $115 billion in sales. The company serves around 240 million customers globally each week.

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