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
Website
CEO
C. Douglas McMillon
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
WAL MART STORES INC
SEC CIK
Corporate docs
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
News

Mid-Morning Market Update: Markets Open Higher; Walmart Earnings Miss Estimates
17 May 22
What's Going On With Target Shares Today?
17 May 22
Why Walmart Shares Are Falling Today
17 May 22
Walmart Shares Fall After Q1 Earnings, Lowering Full Year EPS Outlook
17 May 22
Walmart: Q1 Earnings Insights
17 May 22
Press releases
Thinking about trading options or stock in Walmart, Target, JD.Com, Kroger, or TJX Companies?
17 May 22
Walmart U.S. grew comp sales 3.0% and gained market share in grocery
17 May 22
Shaw to Honor 10 Organizations in its 2022 sustain[HUMAN]ability® Leadership Recognition Program
11 May 22
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
Current price
Average target
$171.40
Low target
$165.00
High target
$181.00
Deutsche Bank
Maintains
$181.00
DA Davidson
Maintains
$171.00
Morgan Stanley
Maintains
$165.00
Raymond James
Maintains
$165.00
Jefferies
Maintains
$175.00
Calendar
18 Mar 22
17 May 22
31 Jan 23
Financial summary
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Diluted EPS |
Annual (USD) | Jan 22 | Jan 21 | Jan 20 | Jan 19 | |
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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 |
Recent insider trades
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 |
Institutional ownership, Q4 2021
32.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2625 |
Opened positions | 358 |
Closed positions | 158 |
Increased positions | 1099 |
Reduced positions | 865 |
13F shares | Current |
---|---|
Total value | 127.01B |
Total shares | 879.53M |
Total puts | 17.98M |
Total calls | 20.55M |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 125.16M | $18.11B |
BLK Blackrock | 92.15M | $13.33B |
STT State Street | 60.74M | $8.82B |
Geode Capital Management | 24.24M | $3.5B |
BAC Bank Of America | 23.18M | $3.35B |
Norges Bank | 20.22M | $2.93B |
NTRS Northern Trust | 16.61M | $2.4B |
MS Morgan Stanley | 15.58M | $2.25B |
State Farm Mutual Automobile Insurance | 13.08M | $1.89B |
TROW T. Rowe Price | 11.84M | $1.71B |
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 SolutionsRisks
- 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
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H.S. sophomore Avg
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Removed:
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Financial reports
Current reports
8-K
Results of Operations and Financial Condition
17 May 22
8-K
Walmart Names John Rainey New Chief Financial Officer
12 Apr 22
8-K
Results of Operations and Financial Condition
17 Feb 22
8-K
Walmart Announces Cfo Transition Plan
29 Nov 21
8-K
Regulation FD Disclosure
23 Nov 21
8-K
Company expects Walmart U.S. Q4 comp sales of around 5%; Raises EPS guidance for third consecutive quarter
16 Nov 21
8-K
Walmart Announces Early Participation Results, Upsizing and Satisfaction of the Financing Condition for its Cash Tender Offer
22 Sep 21
8-K
Other Events
15 Sep 21
8-K
Walmart Inc. Announces Cash Tender Offer for Certain of its Outstanding Debt Securities
8 Sep 21
8-K
Company raises outlook for second consecutive quarter
17 Aug 21
Registration and prospectus
25-NSE
Exchange delisting
8 Apr 22
424B2
Prospectus for primary offering
9 Sep 21
424B2
Prospectus for primary offering
9 Sep 21
FWP
Free writing prospectus
8 Sep 21
FWP
Free writing prospectus
8 Sep 21
424B5
Prospectus supplement for primary offering
8 Sep 21
424B5
Prospectus supplement for primary offering
8 Sep 21
S-3ASR
Automatic shelf registration
4 Dec 20
424B2
Prospectus for primary offering
20 Sep 19
FWP
Free writing prospectus
19 Sep 19
Proxies
PX14A6G
Letter to shareholders
12 May 22
PX14A6G
Letter to shareholders
25 Apr 22
DEFA14A
Additional proxy soliciting materials
21 Apr 22
DEF 14A
Definitive proxy
21 Apr 22
PX14A6G
Letter to shareholders
24 May 21
PX14A6G
Letter to shareholders
24 May 21
PX14A6G
Letter to shareholders
5 May 21
PX14A6G
Letter to shareholders
29 Apr 21
DEFA14A
Additional proxy soliciting materials
22 Apr 21
DEFA14A
Additional proxy soliciting materials
22 Apr 21
Other
CT ORDER
Confidential treatment order
8 Oct 18
UPLOAD
Letter from SEC
31 Jul 18
CORRESP
Correspondence with SEC
30 Jul 18
UPLOAD
Letter from SEC
17 Jul 18
UPLOAD
Letter from SEC
6 Aug 17
CORRESP
Correspondence with SEC
24 Jul 17
UPLOAD
Letter from SEC
27 Jun 17
CORRESP
Correspondence with SEC
18 Jun 17
UPLOAD
Letter from SEC
21 May 17
NO ACT
No action letter
15 Mar 17
Ownership
4
Walmart / David Chojnowski ownership change
12 May 22
4
Walmart / C Douglas McMillon ownership change
29 Apr 22
4
Walmart / David Chojnowski ownership change
14 Apr 22
4
Walmart / JIM C WALTON ownership change
6 Apr 22
4
Walmart / ALICE L WALTON ownership change
6 Apr 22
4
Walmart / S ROBSON WALTON ownership change
6 Apr 22
4
Walmart / Steuart L Walton ownership change
1 Apr 22
4
Walmart / RANDALL L STEPHENSON ownership change
1 Apr 22
4
Walmart / Gregory Boyd Penner ownership change
1 Apr 22
4
Walmart / MARISSA A MAYER ownership change
1 Apr 22
Transcripts
2022 Q4
Earnings call transcript
17 Feb 22
2021 Q3
Earnings call transcript
16 Nov 21
2021 Q2
Earnings call transcript
17 Aug 21
2022 Q1
Earnings call transcript
18 May 21
2021 Q4
Earnings call transcript
20 Feb 21
2021 Q3
Earnings call transcript
17 Nov 20
2021 Q2
Earnings call transcript
18 Aug 20
2021 Q1
Earnings call transcript
19 May 20
2019 Q4
Earnings call transcript
19 Feb 19
2018 Q1
Earnings call transcript
17 May 18
Reddit threads
Daily Discussion Thread - May 17, 2022
17 May 22
Daily Discussion Thread for May 17, 2022
17 May 22
Daily Discussion Thread - May 17th, 2022
17 May 22
r/Stocks Daily Discussion & Technicals Tuesday - May 17, 2022
17 May 22
Daily Discussion - Tuesday May 17 2022
17 May 22
Gates Foundation exits Alphabet, pares Microsoft, Walmart, Berkshire holdings
16 May 22
What Are Your Moves Tomorrow - May 17, 2022
16 May 22
What Are Your Moves Tomorrow, May 17, 2022
16 May 22
Morning Update for Monday, 5/16/22
16 May 22
Daily Discussion Thread for May 16, 2022
16 May 22