Based in Bentonville, Arkansas, Walmart Inc. (WMT) operates retail, wholesale, other units, and eCommerce worldwide. Valued at $561.36 billion by market cap, the world’s largest retailer operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores in 19 countries under the Walmart and Walmart Neighborhood Market brands. It also operates membership-only warehouse clubs, e-commerce websites such as walmart.com.mx, Walmart.ca, flipkart.com, PhonePe, and others, and mobile commerce applications.
The omnichannel retailer giant has outperformed the broader market considerably over the past year. WMT has gained 31.2% over this time frame, while the S&P 500 Index ($SPX) has risen 19%. In 2024, WMT stock is up 32.5%, compared to SPX’s 14.2% returns on a YTD basis.
