WMT Walmart, Inc.
Walmart, Inc. engages in retail and wholesale business. It operates through the following business segments: Walmart U.S., Walmart International, and Sam's Club. The Walmart U.S. segment perates 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 manags supercenters, supermarkets, hypermarkets, warehouse clubs, and cash & carryl. 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
CEO
C. Douglas McMillon
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Target • Costco Wholesale • Dollar General • Dollar Tree • Big Lots • Ollie's Bargain Outlet • Tuesday Morning • Five Below • PriceSmart ...
Former names
Wal Mart Stores Inc
SEC CIK
Corporate docs
IRS number
710415188
WMT stock data
()
Calendar
7 Jun 19
25 Aug 19
31 Jan 20
News
Company financial data Financial data
| Quarter (USD) | Apr 19 | Jan 19 | Oct 18 | Jul 18 | |
|---|---|---|---|---|---|
| Revenue | 123.93B | 138.79B | 124.89B | 128.03B | |
| Net income | 3.84B | 3.69B | 1.71B | -861M | |
| Diluted EPS | 1.33 | 1.27 | 0.58 | -0.29 | |
| Net profit margin | 3.10% | 2.66% | 1.37% | -0.67% | |
| Operating income | 4.95B | 6.07B | 4.99B | 5.75B | |
| Net change in cash | 1.53B | -1.45B | -6.67B | 7.96B | |
| Cash on hand | 9.26B | 7.72B | 9.17B | 15.84B | |
| Cost of revenue | 93.03B | 104.91B | 93.12B | 95.57B |
| Annual (USD) | Jan 19 | Jan 18 | Jan 17 | Jan 16 | |
|---|---|---|---|---|---|
| Revenue | 514.41B | 500.34B | 485.87B | 482.13B | |
| Net income | 6.67B | 9.86B | 13.64B | 14.69B | |
| Diluted EPS | 2.26 | 3.28 | 4.38 | 4.57 | |
| Net profit margin | 1.30% | 1.97% | 2.81% | 3.05% | |
| Operating income | 21.96B | 20.44B | 22.76B | 24.11B | |
| Net change in cash | 966M | -111M | -1.84B | -430M | |
| Cash on hand | 7.72B | 6.76B | 6.87B | 8.71B | |
| Cost of revenue | 385.3B | 373.4B | 361.26B | 360.98B |
Financial data from Walmart earnings reports
Financial report summary
?Competition
Latteno Food • Staples • Trans World Entertainment • Stater Bros • OSH 1 LIQUIDATING • Costco Wholesale • Brazilian Distribution Co Companhia Brasileira De Distr CBD • MercadoLibre • Cafepress • NapsterRisks
- We face strong competition from other retailers and wholesale club operators which could materially adversely affect our financial performance.
- We may not timely identify or effectively respond to consumer trends or preferences, which 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 increasing eCommerce investments 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 may also face 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 eCommerce 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.
- We could be subject to liability, penalties and other sanctions and other adverse consequences arising out of our on-going FCPA matter.
Management Discussion
- Our total revenues, which are mostly comprised of net sales, but also include membership and other income, increased $1.2 billion or 1.0% for the three months ended April 30, 2019, when compared to the same period in the previous fiscal year. The increase in revenues was due to an increase in net sales, which was primarily due to overall positive comparable sales for the Walmart U.S. and Sam's Club segments, the addition of Flipkart's net sales, and positive comparable sales in the majority of our International markets. These increases were partially offset by a $1.8 billion negative impact of fluctuations in currency exchange rates and our sale of the majority stake in Walmart Brazil.
- Our gross profit rate decreased 27 basis points for the three months ended April 30, 2019, when compared to the same period in the previous fiscal year. The decrease was primarily due to the addition of Flipkart and price investment in the Walmart U.S. segment, partially offset by favorable merchandise mix and less pressure from transportation costs in the Walmart U.S. segment.
- Operating expenses as a percentage of net sales decreased 14 basis points for the three months ended April 30, 2019, when compared to the same period in the previous fiscal year. The primary drivers of the expense leverage were strong sales performance in conjunction with productivity improvements in our Walmart U.S. segment. Our International and Sam's Club segments also leveraged expenses when compared to the same period in the previous fiscal year.
Content analysis
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New words:
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Financial reports
10-Q
2020 Q1
Quarterly report
7 Jun 19
10-K
2019 FY
Annual report
28 Mar 19
10-Q
2019 Q3
Quarterly report
30 Nov 18
10-Q
2019 Q2
Quarterly report
6 Sep 18
10-Q
2019 Q1
Quarterly report
4 Jun 18
10-K
2018 FY
Annual report
30 Mar 18
10-Q
2018 Q3
Quarterly report
1 Dec 17
10-Q
2018 Q2
Quarterly report
31 Aug 17
10-Q
2018 Q1
Quarterly report
2 Jun 17
10-K
2017 FY
Annual report
31 Mar 17
Current reports
8-K
Walmart raises expectations for fiscal 2020 U.S. comp sales, operating income and EPS3
15 Aug 19
8-K
Amendments to Articles of Incorporation or Bylaws
26 Jul 19
8-K
Walmart Reaches Agreements with the DOJ and the SEC to Resolve their FCPA Investigations
20 Jun 19
8-K
Submission of Matters to a Vote of Security Holders
10 Jun 19
8-K
Results of Operations and Financial Condition
16 May 19
8-K
Other Events
22 Apr 19
8-K
Results of Operations and Financial Condition
19 Feb 19
8-K
Walmart Board of Directors Adds Cesar Conde, Chairman of NBCUniversal International Group and NBCUniversal Telemundo Enterprises
11 Feb 19
8-K
Other Events
7 Dec 18
8-K
Results of Operations and Financial Condition
15 Nov 18
Registration and prospectus
424B2
Prospectus for primary offering
17 Apr 19
FWP
Free writing prospectus
17 Apr 19
424B2
Prospectus for primary offering
16 Apr 19
S-8
Registration of securities for employees
30 Nov 18
S-8
Registration of securities for employees
30 Nov 18
424B5
Prospectus supplement for primary offering
21 Jun 18
FWP
Free writing prospectus
21 Jun 18
424B5
Prospectus supplement for primary offering
20 Jun 18
S-3ASR
Automatic shelf registration
7 Dec 17
424B5
Prospectus supplement for primary offering
12 Oct 17
Proxies
DEFA14A
Additional proxy soliciting materials
23 Apr 19
DEFA14A
Additional proxy soliciting materials
23 Apr 19
DEF 14A
Definitive proxy
23 Apr 19
PX14A6G
Letter to shareholders
7 May 18
PX14A6G
Letter to shareholders
3 May 18
DEFA14A
Additional proxy soliciting materials
20 Apr 18
DEF 14A
Definitive proxy
20 Apr 18
DEFA14A
Additional proxy soliciting materials
20 Apr 18
DEFA14A
Additional proxy soliciting materials
20 Apr 18
DEFA14A
Additional proxy soliciting materials
20 Apr 17
Other
CT ORDER
Confidential treatment order
9 Oct 18
UPLOAD
Letter from SEC
1 Aug 18
CORRESP
Correspondence with SEC
31 Jul 18
UPLOAD
Letter from SEC
18 Jul 18
UPLOAD
Letter from SEC
7 Aug 17
CORRESP
Correspondence with SEC
25 Jul 17
UPLOAD
Letter from SEC
28 Jun 17
CORRESP
Correspondence with SEC
19 Jun 17
UPLOAD
Letter from SEC
22 May 17
NO ACT
No action letter
16 Mar 17