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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.

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Reactivate, in collaboration with Walmart and U.S. Bancorp Impact Finance, closed a tax equity transaction on a new portfolio of seven community solar projects in Illinois and New York. The projects will help approximately 5,000 households and various organizations save as much as 20% on monthly electricity costs, with a majority of beneficiaries being low-to-moderate income households. Walmart aims to bring at least 2GW of community solar projects in service by 2030, as part of its energy transformation strategy.
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Walmart Inc. (NYSE: WMT) announced a 3:1 stock split to make purchasing shares more accessible for its associates. The split aims to encourage participation in the Associate Stock Purchase Plan and will increase outstanding common stock from 2.7 billion to 8.1 billion shares. The split will take place on February 23, 2024, and shares will begin trading on a post-split basis on February 26, 2024.
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Walmart (WMT) teams up with Andy Cohen to help customers stick to their New Year's resolutions and offers a $50 Walmart Cash incentive for new Walmart+ members. Andy Cohen, fresh from co-hosting New Year's Eve Live on CNN, is determined to keep his resolutions with the help of Walmart+.
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Walmart Inc. (WMT) announces plans for adaptive retail at CES, focusing on customer-centric, interconnected, and frictionless commerce. CEO Doug McMillon emphasizes technology to benefit customers, associates, and society.
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Sam’s Club, a division of Walmart Inc. (WMT), plans to reopen its Grapevine, Texas location in late 2024 after significant storm damage forced its closure in December 2022. The revitalized club aims to bring new jobs, innovative services, and community support to the Grapevine area, showcasing leading technology, improved services, and high-quality products at disruptive prices. The reopening is expected to create additional job opportunities and contribute to the economic growth of Grapevine. Sam’s Club will also provide $30,000 in grants and charitable donations to support the Grapevine Relief and Community Exchange (GRACE). In celebration, exclusive membership discounts are being offered to the Dallas/Fort Worth market.
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Sam's Club, ticker symbol: WMT, introduces Sam’s Club Member Access Platform (MAP) to offer Connected TV Ads, Sponsored Videos, and Interactive Videos for targeted video advertising to engage members. The platform leverages first-party data and insights to reach consumers across various channels.
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Sam's Club (WMT) to Open Two New Distribution Centers for Enhanced Omni Shopping Experience
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Walmart introduces 'Add to Heart' - a 23-part shoppable series to provide holiday gifting inspiration through RomComs, featuring over 330 products sourced from Walmart and accessible on TikTok, Roku, and YouTube. The series aims to capitalize on the trend of Americans making purchases via social media and their love for watching holiday movies.
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Walmart Commits $1 Million to Support Direct Relief for Gaza Crisis
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Walmart Inc. (WMT) to participate in upcoming investor events, including Technology, Media, and Telecommunications Conference, Global Consumer and Retail Conference, Share Series: Women in Investing, Consumer and Retail Holiday Summit, ICR Conference, and Retail and Consumer Summit. Executives like Tom Ward, John David Rainey, Steph Wissink, and William White will be participating in various events.
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FAQ

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

The current stock price of Walmart (WMT) is $92.24 as of December 20, 2024.

What is the market cap of Walmart (WMT)?

The market cap of Walmart (WMT) is approximately 738.0B.

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

738.03B
4.31B
46.38%
35.56%
0.39%
Discount Stores
Retail-variety Stores
Link
United States of America
BENTONVILLE