WMT Walmart Inc.

Walmart, Inc. engages in retail and wholesale business. The Company offers an assortment of merchandise and services at everyday low prices. It operates through the following business segments: Walmart U.S., Walmart International, and Sam's Club. The Walmart U.S. segment operates as a merchandiser of consumer products, operating under the Walmart, Wal-Mart, and Walmart Neighborhood Market brands, as well as walmart.com and other eCommerce brands. The Walmart International segment manages supercenters, supermarkets, hypermarkets, warehouse clubs, and cash & carry outside of the United States. The Sam's Club segment comprises membership-only warehouse clubs and samsclubs.com. The company was founded by Samuel Moore Walton and James Lawrence Walton in 1945 and is headquartered in Bentonville, AR.

Company profile

Ticker

WMT

Exchange

NYSE

Website

corporate.walmart.com

CEO

C. Douglas McMillon

Incorporated

Delaware

Location

Arkansas

Fiscal year end

Jan 31

Sector

Retail Trade > Food Retail

Industry (SIC)

Retail - Variety Stores

Target • Costco Wholesale • BJ's Wholesale Club • Dollar Tree • Big Lots • Ollie's Bargain Outlet • Fred's • PriceSmart • Tuesday Morning • Five Below ...

Former names

Wal Mart Stores Inc

SEC CIK

0000104169

Corporate docs

Articles of Incorporation & Bylaws

IRS number

710415188

WMT stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

3 Jun 20

3 Aug 20

31 Jan 21

News

Company financial data Financial data

Chart WMT financial data

Quarter (USD)	Apr 20	Jan 20	Oct 19	Jul 19
Revenue	134.62B	141.67B	127.99B	130.38B
Net income	4.07B	4.29B	3.32B	3.68B
Diluted EPS	1.4	1.45	1.15	1.26
Net profit margin	3.03%	3.03%	2.59%	2.82%
Operating income	5.22B	5.32B	4.72B	5.58B
Net change in cash	5.47B	859M	-677M	28M
Cash on hand	14.93B	9.47B	8.61B	9.28B
Cost of revenue	102.03B	107.75B	95.9B	97.92B

Annual (USD)	Jan 20	Jan 19	Jan 18	Jan 17
Revenue	523.96B	514.41B	500.34B	485.87B
Net income	15.2B	7.18B	10.52B	14.29B
Diluted EPS	5.19	2.26	3.28	4.38
Net profit margin	2.90%	1.40%	2.10%	2.94%
Operating income	20.57B	21.96B	20.44B	22.76B
Net change in cash	1.74B	966M	-111M	-1.84B
Cash on hand	9.47B	7.72B	6.76B	6.87B
Cost of revenue	394.61B	385.3B	373.4B	361.26B

Financial data from Walmart earnings reports

Recent insider trades

WMT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	10b5-1	$Price	#Shares	$Value	#Remaining
21 Jul 20	Lore Marc E.	Common Stock	Payment of exercise	Dispose F	No	131.47	37,791	4.97M	1,914,952
7 Jul 20	Lore Marc E.	Common Stock	Sell	Dispose S	Yes	127.4632	1,100	140.21K	1,952,743
7 Jul 20	Lore Marc E.	Common Stock	Sell	Dispose S	Yes	126.6484	22,887	2.9M	1,953,843
7 Jul 20	Lore Marc E.	Common Stock	Sell	Dispose S	Yes	126.0926	12,400	1.56M	1,976,730
7 Jul 20	Lore Marc E.	Common Stock	Sell	Dispose S	Yes	124.6587	5,000	623.29K	1,989,130
7 Jul 20	Lore Marc E.	Common Stock	Sell	Dispose S	Yes	123.6359	12,400	1.53M	1,994,130
7 Jul 20	Lore Marc E.	Common Stock	Sell	Dispose S	Yes	122.5898	2,200	269.7K	2,006,530
7 Jul 20	Lore Marc E.	Common Stock	Sell	Dispose S	Yes	120.9625	1,200	145.16K	2,008,730
7 Jul 20	Lore Marc E.	Common Stock	Sell	Dispose S	Yes	119.374	9,211	1.1M	2,009,930
7 Jul 20	Lore Marc E.	Common Stock	Sell	Dispose S	Yes	118.8592	18,602	2.21M	2,019,141

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2020

WMT institutional ownership history Ownership history

29.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2064	2086	-1.1%
Opened positions	141	267	-47.2%
Closed positions	163	111	+46.8%
Increased positions	820	778	+5.4%
Reduced positions	893	768	+16.3%

13F shares	Current	Prev Q	Change
Total value	866.79B	1.12T	-22.6%
Total shares	848.09M	861.36M	-1.5%
Total puts	11.73M	14.04M	-16.5%
Total calls	12.56M	10.67M	+17.7%
Total put/call ratio	0.9	1.3	-29.0%

Largest owners	Shares	Value	Change
Vanguard	137.63M	$15.64B	+2.9%
BLK BlackRock	90.2M	$10.25B	+0.2%
STT State Street	70.9M	$8.09B	+1.2%
FMR	22.9M	$2.6B	-14.7%
Geode Capital Management	21.19M	$2.4B	-1.0%
BAC Bank of America	20.97M	$2.38B	-0.4%
NTRS Northern Trust	16.45M	$1.87B	-0.4%
Wellington Management	16.33M	$1.86B	+17.2%
State Farm Mutual Automobile Insurance	14.7M	$1.67B	0.0%
Nuveen Asset Management	11.89M	$1.35B	+5.9%

Largest transactions	Shares	Bought/sold	Change
FMR	22.9M	-3.95M	-14.7%
Vanguard	137.63M	+3.83M	+2.9%
Charles Schwab Investment Management	10.43M	+3.26M	+45.5%
Charles Schwab Investment Advisory	0	-3.17M	EXIT
GS Goldman Sachs	7.26M	-2.97M	-29.0%
Wellington Management	16.33M	+2.4M	+17.2%
Manufacturers Life Insurance Company, The	3.13M	-2.24M	-41.7%
BCS Barclays	963.8K	-2.13M	-68.8%
AMP Ameriprise Financial	3.74M	-2.01M	-34.9%
Epoch Investment Partners	1.98M	+1.79M	+931.5%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Latteno Food • Staples • Trans World Entertainment • Stater Bros • OSH 1 LIQUIDATING • Costco Wholesale • Companhia Brasileira de Distribuicao • MercadoLibre • Cafepress • Napster

Risks

We face strong competition from other retailers and wholesale club operators which could materially adversely affect our financial performance.
If we do not timely identify or effectively respond to consumer trends or preferences, it could negatively affect our relationship with our customers, demand for the products and services we sell, our market share and the growth of our business.
Failure to successfully execute our omni-channel strategy and the cost of our investments in eCommerce and technology may materially adversely affect our market position, net sales and financial performance.
The performance of strategic alliances and other business relationships to support the expansion of our business could materially adversely affect our financial performance.
Risks associated with our suppliers could materially adversely affect our financial performance.
If the products we sell are not safe or otherwise fail to meet our customers' expectations, we could lose customers, incur liability for any injuries suffered by customers using or consuming a product we sell or otherwise experience a material impact to our brand, reputation and financial performance. We are also subject to reputational and other risks related to third-party sales on our digital platforms.
If the technology-based systems that give our customers the ability to shop with us online do not function effectively, our operating results, as well as our ability to grow our omni-channel business globally, could be materially adversely affected.
Any failure to maintain the security of the information relating to our company, customers, members, associates and vendors, whether as a result of cybersecurity attacks on our information systems or otherwise, could damage our reputation, result in litigation or other legal actions against us, cause us to incur substantial additional costs, and materially adversely affect our business and operating results.
Changes in the results of our retail pharmacy business could adversely affect our overall results of operations, cash flows and liquidity.
Our failure to attract and retain qualified associates, increases in wage and benefit costs, changes in laws and other labor issues could materially adversely affect our financial performance.
Failure to meet market expectations for our financial performance could adversely affect the market price and volatility of our stock.
We are subject to certain legal proceedings that may materially adversely affect our results of operations, financial condition and liquidity.
Our amended and restated bylaws designate the Court of Chancery of the State of Delaware as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by our shareholders, which could limit our shareholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, employees or shareholders in such capacity.

Management Discussion

Our total revenues, which are mostly comprised of net sales, but also include membership and other income, increased $10.7 billion or 8.6% for the three months ended April 30, 2020, when compared to the same period in the previous fiscal year. The increase in revenue was due to an increase in net sales, which were primarily due to strong positive comparable sales for the Walmart U.S. and Sam's Club segments resulting from unprecedented demand due to the COVID-19 pandemic, along with positive comparable sales in the majority of our International markets, despite operating limitations in some markets due to government regulations and precautionary measures taken as a result of the COVID-19 pandemic. Net sales were also positively affected by an extra day in February 2020 due to a leap year which increased net sales by approximately 1%. These increases were partially offset by a $1.3 billion negative impact of fluctuations in currency exchange rates for the three months ended April 30, 2020.

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From filing 10-Q 2021 Q1