Walmart (WMT)

Walmart Inc. helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, over 265 million customers and members visit approximately 11,400 stores under 55 banners in 26 countries and eCommerce websites. With fiscal year 2020 revenue of $524 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity.

Company profile

Ticker

WMT

Exchange

NYSE

Website

www.walmartstores.com

CEO

C. Douglas McMillon

Incorporated

Delaware

Location

Arkansas

Fiscal year end

Jan 31

Sector

Retail Trade > All Other General Merchandise Stores

Industry (SIC)

Retail - Variety Stores

Target • Costco Wholesale • Dollar General • BJ`s Wholesale Club • Dollar Tree • Big Lots • Ollies Bargain Outlet • Freds • Tuesday Morning • Five Below ...

Former names

WAL MART STORES INC

SEC CIK

0000104169

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Wal-Mart Stores East, LP • Wal-Mart Stores Texas, LLC • Wal-Mart Property Company • Sam's West, Inc. • Sam's East, Inc. • Sam's Property Company • Wal-Mart de Mexico • Wal-Mart Canada Corp. • Flipkart Private Limited • Massmart Holdings Ltd. ...

IRS number

710415188

WMT stock data

1M 1Y 5Y

News

From Benzinga Pro

Mid-Morning Market Update: Markets Open Higher; Walmart Earnings Miss Estimates

17 May 22

U.S. stocks traded higher this morning, with the Dow Jones gaining more than 300 points on Tuesday.

What's Going On With Target Shares Today?

17 May 22

Target Corp (NYSE: TGT) shares are trading lower Tuesday, possibly in sympathy with Walmart Inc (NYSE: WMT), which reported worse-than-expected earnings results and cut guidance.

Why Walmart Shares Are Falling Today

17 May 22

Walmart Inc (NYSE: WMT) shares are trading lower Tuesday morning after the company reported mixed financial results and lowered earnings guidance.

Walmart Shares Fall After Q1 Earnings, Lowering Full Year EPS Outlook

17 May 22

Walmart: Q1 Earnings Insights

17 May 22

Press releases

From Benzinga Pro

Thinking about trading options or stock in Walmart, Target, JD.Com, Kroger, or TJX Companies?

17 May 22

NEW YORK, May 17, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for WMT, TGT, JD, KR, and TJX.

Walmart U.S. grew comp sales 3.0% and gained market share in grocery

17 May 22

Q1 FY23 GAAP EPS of $0.74; Adjusted EPS of $1.30 Company provides updated outlook for Q2 and full year Walmart Inc. (NYSE:WMT): This press release features multimedia. View the full release here:

Shaw to Honor 10 Organizations in its 2022 sustain[HUMAN]ability® Leadership Recognition Program

11 May 22

Shaw's annual sustain[HUMAN]ability® Leadership Recognition Program showcases organizations that share its commitment to putting people at the heart of sustainability. This year's honorees represent a wide

Thinking about trading options or stock in Walmart, Verizon, Apple, Exxon Mobil, or Walt Disney?

10 May 22

MoneyLion Appoints Cynthia Kleinbaum as Chief Customer Officer

3 May 22

Analyst ratings and price targets

Last 3 months

Average target

$171.40

Low target

$165.00

High target

$181.00

Calendar

18 Mar 22

17 May 22

31 Jan 23

Financial summary

Financial statements Chart WMT financial data

Quarter (USD)	Jan 22	Oct 21	Jul 21	Apr 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 22	Jan 21	Jan 20	Jan 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	14.83B	14.83B	14.83B	14.83B	14.83B	14.83B
Cash burn (monthly)	425.67M	246.17M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	1.51B	875.44M	n/a	n/a	n/a	n/a
Cash remaining	13.32B	13.96B	n/a	n/a	n/a	n/a
Runway (months of cash)	31.3	56.7	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Walmart earnings reports.

Recent insider trades

WMT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
10 May 22	Chojnowski David	Common Stock	Payment of exercise	Dispose F	No	No	151.31	89	13.47K	45,434.229
28 Apr 22	McMillon C Douglas	Common Stock	Sell	Dispose S	No	Yes	154.4141	9,708	1.5M	1,536,570.564
12 Apr 22	Chojnowski David	Common Stock	Payment of exercise	Dispose F	No	No	154.29	89	13.73K	45,521.756
5 Apr 22	S Robson Walton	Common Stock	Other	Dispose J	Yes	No	0	1,495,000	0	286,539,635
5 Apr 22	Alice L Walton	Common Stock	Other	Dispose J	Yes	No	0	1,495,000	0	286,539,635

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

Institutional ownership, Q4 2021

WMT institutional ownership history Ownership history

32.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2625	2425	+8.2%
Opened positions	358	136	+163.2%
Closed positions	158	147	+7.5%
Increased positions	1099	1139	-3.5%
Reduced positions	865	862	+0.3%

13F shares	Current	Prev Q	Change
Total value	127.01B	119.54B	+6.2%
Total shares	879.53M	856.55M	+2.7%
Total puts	17.98M	20M	-10.1%
Total calls	20.55M	24.12M	-14.8%
Total put/call ratio	0.9	0.8	+5.5%

Largest owners	Shares	Value	Change
Vanguard	125.16M	$18.11B	-0.1%
BLK Blackrock	92.15M	$13.33B	-0.2%
STT State Street	60.74M	$8.82B	-5.1%
Geode Capital Management	24.24M	$3.5B	+0.8%
BAC Bank Of America	23.18M	$3.35B	+3.3%
Norges Bank	20.22M	$2.93B	NEW
NTRS Northern Trust	16.61M	$2.4B	-1.4%
MS Morgan Stanley	15.58M	$2.25B	+8.3%
State Farm Mutual Automobile Insurance	13.08M	$1.89B	0.0%
TROW T. Rowe Price	11.84M	$1.71B	+29.7%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	20.22M	+20.22M	NEW
GQG Partners	10.42M	+10.42M	NEW
Fisher Asset Management	5.04M	-7.98M	-61.3%
Altshuler Shaham	19.43K	-4.14M	-99.5%
STT State Street	60.74M	-3.25M	-5.1%
TROW T. Rowe Price	11.84M	+2.71M	+29.7%
Renaissance Technologies	332.95K	-2.71M	-89.0%
Nordea Investment Management Ab	3.15M	+2.51M	+393.5%
Bridgewater Associates	2.83M	-2.19M	-43.7%
Natixis	193.63K	-2.02M	-91.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Staples • Kaspien • Costco Wholesale • Cia Brasileira De Distr-pao De Acucar - ADR • MercadoLibre • Qurate Retail Inc - Series A • Sequans Communications S.A • Maison Luxe • Mahwah Bergen Retail • Innovative Payment Solutions

Risks

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.
We face strong competition from other retailers, wholesale club operators, omni-channel retailers, and other businesses which could materially adversely affect our financial performance.
General or macro-economic factors, both domestically and internationally, may materially adversely affect our 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.
Natural disasters, climate change, geopolitical events, global health epidemics or pandemics and catastrophic events 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.
We rely extensively on information systems to process transactions, summarize results and manage our business. Disruptions in our systems could harm our ability to conduct our operations.
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.
Changes in the results of our health and wellness 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.
Fluctuations in foreign exchange rates may materially adversely affect our financial performance and our reported results of operations.
Our international operations subject us to legislative, judicial, accounting, legal, regulatory, tax, political and economic risks and conditions specific to the countries or regions in which we operate, which could materially adversely affect our business or financial performance.
Changes in tax and trade laws and regulations could materially adversely affect our financial performance.
We are subject to risks related to litigation and other legal proceedings that may materially adversely affect our results of operations, financial position and liquidity.
Our reputation may be adversely affected if we are not able to achieve our ESG goals.

Management Discussion

(1) Unit counts and associated retail square feet are presented for stores and clubs generally open as of period end, and reflects the removal of stores in the U.K. and Japan subsequent to closing the divestitures in fiscal 2022. Permanently closed locations are not included.
Our total revenues, which includes net sales and membership and other income, increased $13.6 billion or 2.4% and $35.2 billion or 6.7% for fiscal 2022 and 2021, respectively, when compared to the previous fiscal year. These increases in revenues were primarily due to increases in net sales, which increased $12.5 billion or 2.3% and $35.3 billion or 6.8% for fiscal 2022 and 2021, respectively, when compared to the previous fiscal year. For fiscal 2022, the increase was primarily due to strong positive comparable sales for the Walmart U.S. and Sam's Club segments which benefited from strong U.S. consumer spending and some inflation, along with positive comparable sales in most of our remaining international markets. The increase was partially offset by a $32.6 billion net sales decrease primarily related to the divestiture of our operations in the U.K. and Japan, which closed in the first quarter of fiscal 2022. Net sales also benefited from a $4.5 billion positive impact of fluctuations in currency exchange rates during fiscal 2022. For fiscal 2021, the increase was primarily due to strong positive comparable sales for the Walmart U.S. and Sam's Club segments as well as positive comparable sales in the majority of our international markets resulting from increased demand stemming from the COVID-19 pandemic. Overall net sales growth was strong despite certain operating limitations in several international markets in the second quarter of fiscal 2021 due to government regulations and precautionary measures taken as a result of the COVID-19 pandemic. The net sales increase was partially offset by a negative impact from fluctuations in currency exchange rates of $5.0 billion.
Our gross profit rate increased 14 and 20 basis points for fiscal 2022 and 2021, respectively, when compared to the previous fiscal year. For fiscal 2022, the increase was primarily due to price management in the Walmart U.S. segment driven by cost

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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Removed: Advent, allocating, anticipation, applying, ASU, Brazil, Brazilian, British, Bulletin, consolidating, constantly, creation, declined, deduction, deposit, designating, differential, enjoyed, erosion, exit, Farberware, FASB, finalized, forma, GILTI, hand, incurring, indefinite, indemnify, interbank, Japanese, job, justified, matured, multiplied, nonderivative, objectively, pound, preliminary, pro, procurement, provisional, qualifying, remodel, rental, requesting, reverse, reward, ruled, Russell, SAB, scale, selected, slightly, SwissTech, Topic, transferred, vendor, wire, yen

From filing 10-K 2022 FY

Financial reports

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