Walmart Inc - Company Profile
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Walmart Inc (Walmart) is a multi-channel retailer. The company operates physical stores such as grocery stores, supermarkets, hypermarkets, department and discount stores, and neighborhood markets; warehouse clubs, Sam’s Clubs; and eCommerce platforms, comprising websites and mobile applications. Walmart through its retail channels offers various products across categories including grocery and consumables, health and wellness, technology, office and entertainment, hardlines, apparel and home at everyday low prices. Along with other third-party brands, the company offers products of various private labels and licensed brands, including Equate, Allswell, Free Assembly, Mainstays, George, Onn, Parent’s Choice, Time and Tru, Wonder Nation, and No Boundaries. Walmart also offers fuel, gift cards; financial services and other related products, including money orders, prepaid cards, money transfers, check cashing and bill payments; and various value-added services such as Walmart Connect, Fulfillment, GoLocal, and Walmart Luminate. Its e-commerce portals have presence across the Americas, Africa, and Asia. Walmart is headquartered in Bentonville, Arkansas, the US.
Headquarters
United States of America
Address
702 SW 8th Street, Bentonville, Arkansas, 72716
Website
www.corporate.walmart.com
Telephone
1 800 9256278
No of Employees
2,100,000
Industry
Retailing
Ticker Symbol & Exchange
WMT (NYSE)
Revenue (2023)
$648.1B
6%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
32.8%
(2023 vs 2022)
Market Cap*
$482.5B
Net Profit Margin (2023)
XYZ
25.1%
(2023 vs 2022)
* As of and is in US$
Walmart Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Apparel | Financial Services | Private Label Store Brands: |
| Automotive Accessories | Optical Services | Allswell |
| Bakery Items | Pharmacy | Athletic Works |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Corporate Changes/Expansions | In May, the company opened a consolidation center in Minooka, the US. |
| 2024 | Product Recall | In May, the company recalled 16,000 pounds of ground beef produced by Cargill Meat Solutions because of concerns about a possible E. coli contamination. |
| 2024 | Plans/Strategy | In April, the company announced its plans to shut down its 51 health centers and virtual care service in Texas, the US. |
Competitor Comparison
| Key Parameters | Walmart Inc | Amazon.com Inc | Costco Wholesale Corp | The Kroger Co | Target Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Bentonville | Seattle | Issaquah | Cincinnati | Minneapolis |
| State/Province | Arkansas | Washington | Washington | Ohio | Minnesota |
| No. of Employees | 2,100,000 | 1,521,000 | 316,000 | 414,000 | 440,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| C. Douglas McMillon | Chief Executive Officer; Director; President | Executive Board | 2014 | 57 |
| John David Rainey | Chief Financial Officer; Executive Vice President | Senior Management | 2022 | 53 |
| Suresh Kumar | Chief Development Officer; Chief Technology Officer; Executive Vice President | Senior Management | 2019 | 59 |
| Rachel Brand | Chief Legal Officer; Executive Vice President - Global Governance; Secretary | Senior Management | 2018 | 50 |
| Allyson Park | Chief Communications Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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