Walmart (WMT)

Learn everything you need to know about Walmart and find links to beginner-friendly guides that show you the best way to invest in it.
By:
Updated: Jan 12, 2023
Listen

About Walmart

Copy link to section

What is Walmart?

Copy link to section

Walmart is a global retail company that operates various types of stores, including grocery stores, hypermarkets, and discount department stores. Founded in 1962 by Sam Walton, and headquartered in Bentonville, Arkansas, the company is the biggest in the world by revenue with more than 10,500 stores in 27 countries.

Walmart is best known for its approach of “Everyday Low Prices” which it introduced in the 1980s. Its stores offer a diverse range of products, including groceries, electronics, clothing, home goods, and more.

Additionally, Walmart has an online marketplace where customers can buy products and get them delivered to their homes. It is one of the largest private employers in the world with approximately 2.3 million employees globally.

How does Walmart make money?

Copy link to section

Walmart makes money by selling goods and services at its stores and via its e-commerce platform. Like most retail outlets, it generates revenue by purchasing products from manufacturers and suppliers at wholesale prices, and then marking them up to sell at retail prices to consumers.

In addition to selling goods via retail outlets and online, it also sells services like insurance, mobile phone plans, and financial products. Walmart also has a wholesale division known as Sam’s Club, where businesses and consumers can buy goods in bulk, at cheaper prices.

What is Walmart’s best selling product?

Copy link to section

Walmart’s biggest revenue driver is groceries and consumables, which includes food, household essentials, and personal care items. In 2021, Walmart’s grocery and consumable category generated $42 billion in revenue.

The company’s business is divided into several categories, including groceries and consumables, fuel, health and wellness, home and apparel, and technology. The company’s grocery and consumable category is the largest, followed by fuel, health and wellness, home and apparel, and technology.

Who are the key executives at Walmart?

Copy link to section

Here are the key executives at Walmart.

  • Doug McMillon. President and CEO
  • Brett Biggs. Executive Vice President and Chief Financial Officer
  • John Furner. President and CEO, Walmart U.S.
  • Judith McKenna. President and CEO, Walmart International
  • Kath McLay. President and CEO, Sam’s Club
  • Mark Lore. President and CEO, Walmart eCommerce U.S.
  • Janey Whiteside. Chief Customer Officer
  • John Rogers. Chief Legal Officer and Corporate Secretary
  • Dan Bartlett. Executive Vice President, Corporate Affairs
  • Brooke Buchanan. Executive Vice President, Corporate Communications

Where can I buy shares in Walmart?

Copy link to section

You can buy Walmart stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.

Are there any other ways to invest in Walmart?

Copy link to section

The simplest way to invest in Walmart is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.

Walmart is part of the Nyse index, so you can invest in an ETF that tracks that index, or choose a dividend ETF that lets you own a basket of related stocks from the same industry.

More about the WMT price

Copy link to section

What is the Walmart stock price today?

Copy link to section

The WMT stock price today is currently $146.13, as of 12 January, 2023. The price of Walmart is up 0.45% over the last 52 weeks. You can use the live Walmart stock chart to track the NYSE:WMT price in real time above, or compare the Walmart value today to its past performance using the Walmart financials tab at the top of this page.

What is the 52-week low for Walmart stock?

Copy link to section

The 52-week low for Walmart stock is $117.27. WMT stock is currently 15.4% above the 52-week low.

What is the 52-week high for Walmart stock?

Copy link to section

The 52-week high for Walmart stock is $160.70. WMT stock is currently 12.58% below the 52-week high.

What is the stock forecast for Walmart?

Copy link to section

The average Walmart stock forecast has a price target of $161.30 by the end of 2023. Walmart’s latest financial results, the broader economic outlook, and the amount of competition in the industry all influence these forecasts.

It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock.

More stock guides

Copy link to section

FAQs

Copy link to section
How much is Walmart worth?
When did WMT stock go public?
Who owns the most shares in Walmart?
Who are Walmart’s biggest competitors?
Has WMT stock split?
When are Walmart’s earnings?
Does Walmart pay a dividend?

Latest Walmart news

Copy link to section

Recent Walmart analysis

Copy link to section

Sources & references
Risk disclaimer
Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.