Walmart Inc.
(WMT)
64.65 USD +0.23
Closed: 17 May, 3:55 pm
Symbol WMT
Market Cap 521B
Price 64.65
Open 64.24
52-wk High 64.88
50 Day Avg 60.25
Earnings Announcement 2024-05-16
Website https://www.stock.walmart.com
Name Walmart Inc.
Shares Outstanding 8,059,790,000
Change % 0.9998%
Low 63.63
52-wk Low 48.34
200 Day Avg 55.59
Last Dividend 0.83
Exchange NYSE
Volume 28,734,037
Previous Close 64.01
High 64.88
EPS 1.91
PE 33.85
Avg Volume 19,128,637
CUSIP 931142103
Walmart Inc. Outlook
Description Walmart Inc. engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications. The company offers grocery and consumables, which includes dairy, meat, bakery, deli, produce, dry, chilled or frozen packaged foods, alcoholic and nonalcoholic beverages, floral, snack foods, candy, other grocery items, health and beauty aids, paper goods, laundry and home care, baby care, pet supplies, and other consumable items; and health and wellness products covering pharmacy, over-the-counter drugs and other medical products, and optical and hearing services. It also provides gasoline stations and tobacco; home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, seasonal items, mattresses, and tire and battery centers; and consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. In addition, the company offers fuel and financial services and related products, including money orders, prepaid cards, money transfers, and check cashing and bill payment, as well as various types of installment lending. It operates approximately 10,500 stores and various e-commerce websites under 46 banners in 24 countries. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. The company was founded in 1945 and is based in Bentonville, Arkansas.
Currency USD
ISIN US9311421039
Industry Discount Stores
Changes 0.64
CUSIP 931142103
Range 48.34 - 64.88
Beta 0.49
CIK 0000104169

Walmart Inc. News

17-May-2024 6:01 PM

Retail Earnings: A Closer Look

Walmart's WMT beat-and-raise quarterly release should ordinarily provide favorable read-throughs for Target TGT, which is scheduled to report results before the market's open on Wednesday, May 22nd. But the two companies have different business models, and that makes expectations off target.

17-May-2024 5:28 PM

The Score: GameStop, Walmart, Reddit and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week's news.

17-May-2024 5:11 PM

Defensive Stocks to Consider Amid Jamie Dimon's Concern for a Large Market Correction

Often asked for his economic opinion and outlook, JPMorgan Chase (JPM) CEO Jamie Dimon alluded to concerns of a broader economic slowdown and the possibility of a large stock market correction while speaking with Bloomberg on Thursday.

17-May-2024 4:14 PM

Wall Street Favorites: 3 Retail Stocks With Strong Buy Ratings for May 2024

Retail has been a tough game over the last five years. The industry has contended with the pandemic, stores closures and a consumer shift to preferring online shopping.

17-May-2024 3:25 PM

Will Walmart Keep Its Rich Customers? The Challenges That Lie Ahead.

Higher-income shoppers helped the retailer post another blockbuster quarter.

17-May-2024 12:47 PM

Is the meme-stock frenzy over already? Possibly, say experts.

It was the week the meme-stock frenzy from 2021 returned with a vengeance — and it may all be over already.

17-May-2024 12:11 PM

5 Stocks Powering the Dow ETF Year to Date

The Dow Jones touched the milestone of 40,000 for the first time on strong corporate earnings and renewed bets for rate cuts. We have highlighted five ETFs that have been leading the way higher this year.

17-May-2024 11:49 AM

Walmart is finding its groove — and that should terrify Target

Walmart keeps posting strong earnings, driven in part by gains among higher-income shoppers. The retailer is investing in new stores, growing product selection, and e-commerce convenience.

17-May-2024 11:46 AM

Walmart shares keep climbing as analysts digest blockbuster 1Q earnings

Walmart Inc (NYSE:WMT, ETR:WMT) shares kept rising Friday after the retail giant delivered a big quarterly earnings report that showed high-income shoppers return to the discount store. Total revenue climbed by 6% to US$161.5 billion over the three months to April, Walmart revealed on Thursday, ahead of LSEG-polled analysts' expectations for US$159.5 billion.

17-May-2024 11:46 AM

Walmart shares keep climbing as analysts digest blockbuster 1Q earnings

Walmart Inc (NYSE:WMT, ETR:WMT) shares kept rising Friday after the retail giant delivered a big quarterly earnings report that showed high-income shoppers return to the discount store. Total revenue climbed by 6% to US$161.5 billion over the three months to April, Walmart revealed on Thursday, ahead of LSEG-polled analysts' expectations for US$159.5 billion.

17-May-2024 11:16 AM

Ex-Walmart US CEO Bill Simon Says Retailer Won't Keep Affluent Shoppers

Walmart shouldn't count on keeping the affluent customers it has recently gained, the retailer's former U.S. CEO Bill Simon said Thursday (May 16). Speaking on CNBC's Fast Money, Simon said that when the economic situation picks back up, affluent shoppers will go back to retailers that provide a premium experience, CNBC reported Thursday.