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Walmart Inc. - WMT STOCK NEWS

Welcome to our dedicated page for Walmart news (Ticker: WMT), a resource for investors and traders seeking the latest updates and insights on Walmart stock.

Walmart Inc. (NYSE: WMT) is a leading American multinational retail corporation headquartered in Bentonville, Arkansas. Renowned for its chain of hypermarkets, discount department stores, and grocery stores, Walmart is the largest retailer in the United States. Since the opening of its first supercenter in 1988, Walmart has grown to operate over 4,600 stores nationwide and more than 10,000 stores globally.

Walmart's business strategy revolves around offering the lowest priced goods to consumers, driving robust store traffic and high product turnover. The company provides a convenient one-stop shopping experience, ensuring superior operating efficiency. In fiscal 2024, Walmart reported over $440 billion in domestic sales, with its subsidiary Sam's Club contributing an additional $86 billion. Internationally, Walmart generated $115 billion in sales. Serving approximately 240 million customers globally each week, Walmart employs around 2.1 million associates worldwide.

Walmart continues to emphasize sustainability, corporate philanthropy, and employment opportunities, making significant strides in these areas. The company leverages advanced technology to enhance its omnichannel retailing, allowing customers to shop in-store, online, and via mobile devices seamlessly.

Recent Achievements and Developments:

  • Walmart Inc. and Capital One Financial Corporation recently ended their exclusive credit card issuing agreement. Despite this change, current cardholders can continue to earn and redeem rewards, with Capital One retaining ownership and servicing of the credit card accounts.

For more information, visit Walmart's official website at corporate.walmart.com, or follow their updates on social media platforms, including Facebook, Twitter, and LinkedIn.

Rhea-AI Summary
WMT: Sam's Club® Unveils In-Club Attribution for Ads, Reports 30% ROAS Increase. Sam's Club, a division of Walmart Inc., has introduced in-club attribution for search and sponsored product ads, leading to a 30% increase in return on ad spend (ROAS) for omnichannel campaigns. The company is also rolling out new features for its omnichannel advertisers, including improved design, targeting, and user experience.
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Walmart announces shareholder voting results for its Annual Shareholders’ Meeting. Approximately 90.8% of outstanding shares were represented. Shareholders approved the election of each of Walmart's 11 director nominees. Shareholders voted in favor of holding a say-on-pay vote every year. Shareholders also ratified the appointment of Ernst & Young LLP as Walmart's independent accountants. Nine shareholder proposals failed to receive affirmative votes.
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Walmart Inc. will hold its Associate Celebration on Friday, June 2, 2023, followed by a Question-and-Answer session with the investment community led by CEO Doug McMillon.
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Zero100 has announced that Andrea Albright, EVP Sourcing, Walmart, has joined the Zero100 Advisory Board. Albright expresses excitement to collaborate with leaders in building resiliency and accelerating decarbonization. Olly Sloboda, CEO of Zero100, welcomes Albright and highlights her experience and Walmart's journey as valuable assets to the collective mission of the Zero100 Board.
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FAQ

What is the current stock price of Walmart (WMT)?

The current stock price of Walmart (WMT) is $90.44 as of November 22, 2024.

What is the market cap of Walmart (WMT)?

The market cap of Walmart (WMT) is approximately 725.6B.

What does Walmart Inc. do?

Walmart Inc. operates a chain of hypermarkets, discount department stores, and grocery stores. It is the largest retailer in the United States.

Where is Walmart headquartered?

Walmart is headquartered in Bentonville, Arkansas, USA.

How many stores does Walmart have globally?

Walmart operates over 10,000 stores globally.

What is Walmart’s annual revenue?

In fiscal 2024, Walmart reported revenue of $648 billion, including domestic and international sales.

How many customers does Walmart serve each week?

Walmart serves approximately 240 million customers globally each week.

What recent changes have been made to Walmart’s credit card partnerships?

Walmart and Capital One Financial Corporation ended their exclusive credit card issuing agreement, but cardholders can still earn and redeem rewards.

What sustainability initiatives does Walmart support?

Walmart is a leader in sustainability efforts, focusing on corporate philanthropy and providing employment opportunities.

How many associates does Walmart employ worldwide?

Walmart employs approximately 2.1 million associates worldwide.

Where can I find more information about Walmart?

More information is available on Walmart's official website at corporate.walmart.com and their social media pages.

What is Walmart's strategy for maintaining its market position?

Walmart’s strategy includes offering the lowest priced goods, superior operating efficiency, and providing a one-stop shopping experience.

Walmart Inc.

NYSE:WMT

WMT Rankings

WMT Stock Data

725.61B
4.31B
46.38%
35.56%
0.39%
Discount Stores
Retail-variety Stores
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United States of America
BENTONVILLE