Walmart Inc. (WMT)
| Market Cap | 487.46B |
| Revenue (ttm) | 648.13B |
| Net Income (ttm) | 15.51B |
| Shares Out | 8.06B |
| EPS (ttm) | 1.91 |
| PE Ratio | 31.66 |
| Forward PE | 26.55 |
| Dividend | $0.83 (1.37%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 12,320,060 |
| Open | 60.41 |
| Previous Close | 60.44 |
| Day's Range | 60.16 - 60.58 |
| 52-Week Range | 48.34 - 61.66 |
| Beta | 0.49 |
| Analysts | Buy |
| Price Target | 63.25 (+4.58%) |
| Earnings Date | May 16, 2024 |
About WMT
Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce 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 under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications. The company offers groce... [Read more]
Financial Performance
In 2023, Walmart's revenue was $648.13 billion, an increase of 6.03% compared to the previous year's $611.29 billion. Earnings were $15.51 billion, an increase of 32.80%.
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for WMT stock is "Buy." The 12-month stock price forecast is $63.25, which is an increase of 4.58% from the latest price.
News
Cramer's week ahead: Earnings from Home Depot, Alibaba, Walmart
CNBC's Jim Cramer on Friday guided investors through next week's market action.
Big box retail stock plays and opportunities
It has been a big week for the retail sector, with a slew of big box retailers reporting earnings, from Walmart (WMT) to Target (TGT) and Home Depot (HD). The University of Michigan Consumer Sentiment...
Three-Stock Lunch: McDonald's, Walmart & Amazon
Malcolm Ethridge, CIC Wealth EVP, joins 'Power Lunch' to discuss stock plays for three stocks, including McDonald's, Walmart, and Amazon.
Walmart Teams With Disney in Race Against Amazon for Streamers' Spending
As retail behemoths Amazon and Walmart compete for consumers' spending, both are turning to video streaming ads to open up new sales opportunities and drive conversion. On Wednesday (May 8), Disney Ad...
Worried About a Market Swoon? Consider Consumer Staples Stocks.
The market may have come too far, too fast, and could be due for a pause. If that does happen, staples could become attractive again.
Walmart To Host First Quarter Earnings Conference Call May 16, 2024
BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (NYSE: WMT) announced it will hold a live conference call with the Investment Community at 7 a.m. CST on Thursday, May 16, 2024, to discuss the company...
Ahead of retail earnings, here's what we know about the consumer so far
Home Depot and Walmart kick off first-quarter retail earnings next week.
Walmart is shuttering 8 US locations in 2024. See the list.
Walmart will close eight locations across four states in 2024 so far. The company cited financial underperformance as the reason for the decisions.
Box Tops for Education and Walmart Partner to Make it Even Easier to Support Teachers
MINNEAPOLIS--(BUSINESS WIRE)--This Teacher Appreciation Week, Box Tops for Education and Walmart are making it easier than ever for families to support teachers through the new Connected Accounts app ...
Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
As Amazon looks to close the gap with Walmart in grocery, both retail giants are seeing the opportunity to win over shoppers with their private-label brands. Walmart announced Tuesday (April 30) the l...
Walmart is closing down its health centers. What's that mean for Amazon, Walgreens and CVS?
Walmart Inc. WMT, -0.43% announced Tuesday it's closing its 51 health centers after the retail giant admitted the business had not seen sustainable profits since its inception in 2019.
Walmart Health Is Closing Forever
Walmart's Walmart decision to close all of its health centers is due to lack of profitability. The company is closing 51 health centers in five states and a virtual care offering.
As Their Clinics Sputter, Walgreens And Walmart Invest More In Specialty Pharmacy
As Walgreens and Walmart scale back their investments in physician-staffed health clinics, they are forging ahead into the lucrative business of specialty pharmacy.
Walmart launches its largest private grocery brand in decades
Walmart launched a new private food brand with hundreds of items across a variety of categories. This comes as private brands continue to gain market share.
Walmart launches store-label food brand Bettergoods in bid to appeal to younger shoppers
NEW YORK — Walmart is launching the U.S. retailer's biggest store-label food brand in 20 years in terms of the breadth of items, seeking to appeal to younger customers who are not loyal to grocery bra...
Walmart is shuttering all its 51 health centers and ending virtual care services as Amazon leans into the space
Walmart will shut down the health clinics it has at 51 stores across five states. The retailer cited a "challenging reimbursement environment and escalating operating costs.
Walmart shutters 51 doctor clinics after just a few years amid struggle to make healthcare profitable
Walmart announced plans Tuesday to close all of its doctor-staffed clinics around the country as it shuts down its entire Walmart Health division after determining that the centers weren't a profitabl...
Walmart Abandons Health Clinics Foray as Costs Mount
Walmart (WMT) said Tuesday will close health centers it opened in five states and shutter its telehealth business, as expenses around building a network of low-cost health clinics increase.
Stock of the Day: Walmart
Roblox users can now order Walmart items in virtual reality FOR actual reality. That was one of many updates from Walmart during Tuesday's trading.
Walmart-Vizio Merger Gets FTC Antitrust Scrutiny
Federal regulators are examining Walmart's plan to buy smart television maker Vizio. The Federal Trade Commission (FTC) is conducting an antitrust review of the proposed $2.3 billion merger, Vizio sai...
Walmart Opens High-Tech Consolidation Center in Minooka, Illinois Creating 700 New Jobs
MINOOKA, Ill.--(BUSINESS WIRE)--Today, Walmart hosted the grand opening of its newest high-tech consolidation center in Minooka, Illinois. The new 492,000 square-foot facility, located at 201 S. McLin...
Walmart to Close Health Centers, Telehealth Offering Amid ‘Lack of Profitability'
Walmart is shutting down its health centers and telehealth offering, saying there is not a sustainable business model for these operations to continue. The company will close all 51 Walmart Health cen...
Walmart to close 51 in-store health clinics, shut down telehealth service
Walmart said "the challenging reimbursement environment and escalating operating costs" led to a "lack of profitability."
Walmart Shuttering Health Clinics And Telehealth Services Nationwide
All 51 Walmart Health centers across the country will be shuttered alongside Walmart Health Virtual Care, the retail giant announced Tuesday, scuttling a significant planned expansion that opened thre...
Sam's Club Successfully Deploys AI-Powered Exit Technology at 120+ Locations, Leading the Retail Industry with Customer Experience Innovation
BENTONVILLE, Ark.--(BUSINESS WIRE)--Sam's Club®, one of the world's leading retailers and digital innovation pioneer, today announced significant progress in its rollout of technology that resolves a ...