Walmart Inc. (WMT) is an Arkansas-based multinational retail corporation and one of the largest companies in the world by revenue and scale. Founded in 1962, Walmart operates a global network of over 10,750 retail locations across 19 countries in formats that include supercenters, discount stores, neighborhood markets, and warehouse clubs under the Sam’s Club banner, as well as a substantial e-commerce presence. With a market cap of $954 billion, it serves approximately 270 million customers and members weekly and employs about 2.1 million people worldwide.
The discount retail giant is expected to announce its fourth-quarter results shortly. Ahead of the event, analysts expect Walmart to report a profit of $0.73 per share, up 10.6% from $0.66 per share reported in the year-ago quarter. While the company has surpassed the Street’s bottom-line estimates three times over the past four quarters, it missed the Street's bottom-line estimates once.
