About WalmartCopy 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.
More about the WMT priceCopy 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.
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FAQsCopy link to section
Walmart’s market capitalisation is $395.84 billion. This is calculated by multiplying the number of shares that have been issued by the current WMT share price. Another way of measuring this is enterprise value, which includes Walmart’s debt obligations. Walmart’s enterprise value is $449.63 billion.
Walmart went public on October 1st, 1970, via an initial public offering (IPO) on the New York Stock Exchange (NYSE). 8.8 million shares were offered at a price of $16.50 per share, which raised a total of $145 million. Following the IPO, the ownership of Walmart was divided between the Walton family and investors.
The largest shareholders of Walmart are the Walton family. The Walton family trust holds a significant portion of the company’s shares, making it the biggest shareholders of the business. The family members include, the three children of the founder, Jim, Alice, and Rob Walton, own the most shares. Each of them holds over 1 billion shares in the company
Walmart’s biggest competitors are other large retail companies, such as Amazon and Costco. Here’s a selection of some of it’s biggest competition.
- Amazon. Amazon is the largest online retailer in the world
- Costco. Costco is a members only retail club with locations globally
- Kroger. Kroger is one of the largest grocery retailers in the United States.
Yes, since listing on the New York Stock Exchange in 1970, Walmart has had a total of 11 two-for-one stock splits. The most recent want in March 1999.
Walmart reports its earnings at quarterly intervals. It reports in January, April, July, and October.
Yes, Walmart pays dividends and has an annual yield of 1.53%. Its quarterly dividend payments are $0.56 per share.
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