Walmart Inc.
name
Walmart Inc.
id
WMT
summary
Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores in the United States, headquartered in Bentonville, Arkansas. Founded by Sam and Bud Walton in 1962 and incorporated in 1969, Walmart has grown to become the world's largest company by revenue and the largest private employer, with 2.2 million employees. As of October 31, 2022, Walmart has 10,586 stores and clubs in 24 countries. Walmart is controlled by the Walton family, who own over 50 percent of the company. It was the largest U.S. grocery retailer in 2019, and its FY2023 total revenue was $611.3 billion.
industry
Retail
founded
July 2, 1962
headquarters
Bentonville, Arkansas, U.S.
number_of_locations
10,586 stores worldwide (October 31, 2022)
key_people
Greg Penner (Chairman), Doug McMillon (President, CEO)
products
Food, drinks, groceries, clothing, footwear, beauty products, jewelry, accessories, furniture, decor, bedding, bath, electronics, appliances, housewares, toys, games, books, movies, musical instruments, pet supplies, baby products, hygiene products, health products, school and office supplies, tools, gifts, garden center, pharmacy, photo center, sporting goods, and auto center
services
Walmart-2-Walmart
revenue
US$611.3 billion (FY2023)
operating_income
US$20.4 billion (FY2023)
net_income
US$11.29 billion (FY2023)
total_assets
US$243.45 billion (FY2023)
total_equity
US$83.754 billion (FY2023)
owner
Walton family (50.85%)
number_of_employees
2,300,000 (Jan. 2022)
divisions
Walmart U.S., Walmart International, Sam's Club, Global eCommerce
subsidiaries
List of subsidiaries
website
walmart.com