Walmart.docx - Walmart Walmart Inc Walmart's current logo...

Walmart
Walmart Inc.
Walmart's current logo since 2008
Exterior of a Walmart store
Formerly
Walton's (1950–1969)
Wal-Mart, Inc. (1969–1970)
Wal-Mart Stores, Inc. (1970–2019)
Type
Public
Traded as
NYSE : WMT
DJIA component
S&P 100 component
S&P 500 component
ISIN
US9311421039
Industry
Retail
Founded
July 2, 1962; 57 years ago (in Rogers,
Arkansas )
Founder
Sam Walton

Headquarters
Bentonville, Arkansas
,
U.S.
Number of locations
11,438 stores worldwide (October 31,
2019)
[1] [2]
Area served
Worldwide
Key people
Greg Penner ( Chairman )
Doug McMillon ( President , CEO )
Products
Electronics
Movies and music
Home and furniture
Home improvement
Clothing
Footwear
Jewelry
Toys
Health and beauty
Pet supplies
Sporting goods and fitness
Auto
Photo finishing
Craft supplies
Party supplies
Grocery
Services
Walmart-2-Walmart
Walmart MoneyCard
Pickup Today
Walmart.com
Financial Services
Walmart Pay
Revenue
US$ 514.405 billion (2019)
[3]
Operating income US$21.957 billion (2019)
[3]
Net income US$6.67 billion (2019)
[3]
Total assets
US$219.295 billion (2019)
[3]
Total equity
US$79.634 billion (2019)
[3]

Owner
Walton family (51%)
Number of
employees
2.2 million, Worldwide (2018)
[3]
1.5 million, U.S. (2017)
[4]
700,000, International
Divisions
Walmart U.S.
Walmart International
Sam's Club
Global eCommerce
Subsidiaries
List of subsidiaries
Website
walmart.com
Footnotes / references
[5] [6] [7]
Walmart Inc. formerly Wal-Mart Stores, Inc. ) is an American multinational retail corporation that
operates a chain of hypermarkets, discount department stores, and grocery stores, headquartered
in Bentonville, Arkansas . The company was founded by Sam Walton in 1962 and incorporated on
October 31, 1969. It also owns and operates Sam's Club retail warehouses. As of October 31,
2019, Walmart has 11,438 stores and clubs in 27 countries, operating under 55 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, as Asda in the United Kingdom, as
the Seiyu Group in Japan, and as Best Price in India. It has wholly owned operations in Argentina,
Chile, Canada, and South Africa. Since August 2018, Walmart only holds 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 percent ownership of the company.
Walmart is the world's largest company by revenue , with US$ 514.405 billion, according to
the Fortune Global 500 list in 2019. It 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 their holding company Walton
Enterprises and through their individual holdings. Walmart was the largest U.S. grocery retailer in
2019, and 65 percent of Walmart's US$ 510.329 billion sales came from U.S. operations.