About Walmart Inc.
Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas.
Valuation Rank #10Forbes Global 2000 Rank #18PublicHypermarkets & Retail
Walmart Inc.
Market Capitalization
$520.0B
CEO
Doug McMillon
Headquarters
Bentonville, Arkansas, United States
Founded
1962
Financial History
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Historical Milestones
1962
First Store Opened
Sam Walton opens the first Walmart store in Rogers, Arkansas.
1969
Incorporated
The company is officially incorporated as Wal-Mart Stores, Inc.
1970
IPO and Listing
Walmart goes public, listing stock at $16.50 per share.
1990
No. 1 U.S. Retailer
Walmart becomes the nation's largest retailer by revenue, overtaking Sears.
2002
Fortune 500 Leader
Walmart tops the Fortune 500 list of largest U.S. corporations for the first time.
2018
Flipkart Acquisition
Walmart acquires a 77% controlling stake in Indian e-commerce giant Flipkart for $16 billion.
Company Statistics
CEODoug McMillon
HeadquartersBentonville, Arkansas, United States
Founded1962
Forbes Global 2000#18
Revenue$648.1B
Net Income$15.5B
Founder(s):
Sam WaltonBud Walton
