Walmart Inc. (NASDAQ: WMT)

Walmart Inc., commonly known as Walmart, is a multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Its common stock trades on the New York Stock Exchange under the ticker symbol WMT. The company's main business activities involve retailing a wide range of products, including groceries, general merchandise, and services, through its various formats, such as Walmart U.S., Walmart International, and Sam's Club. Walmart operates over 10,500 stores globally, including more than 4,700 in the United States, and serves approximately 255 million customers every week.

Walmart generates revenue primarily through the sale of products and services at its retail stores and through its eCommerce platforms. The company's primary products include groceries, general merchandise, and services such as pharmacy, optical, and financial services. Walmart's customer base is diverse, with customers from various socioeconomic backgrounds and geographic locations.

The Walmart U.S. segment is the company's largest, operating in the United States, including all 50 states, Washington D.C., and Puerto Rico. The segment operates under the "Walmart" and "Walmart Neighborhood Market" brands, including walmart.com. Walmart U.S. had net sales of $441.8 billion for fiscal 2024, representing 69% of the company's consolidated net sales. The segment provides an omni-channel experience to customers, integrating retail stores and eCommerce through services such as pickup and delivery, in-home delivery, ship-from-store, and digital pharmacy fulfillment options. Walmart U.S. operates a variety of formats, including supercenters, discount stores, and neighborhood markets, with a total of over 4,300 locations offering pickup and delivery services.

Walmart International is the company's second-largest segment, operating in 18 countries outside of the United States. The segment operates through its wholly-owned subsidiaries in Canada, Chile, China, and Africa, as well as its majority-owned subsidiaries in India, Mexico, and Central America. Walmart International provides an omni-channel experience to customers, integrating retail stores and eCommerce through services such as pickup and delivery, marketplaces, and digital payment platforms. The segment operates a variety of formats, including supercenters, supermarkets, hypermarkets, and cash & carry operations, with a total of over 2,800 pickup and over 2,900 delivery locations.

Sam's Club is Walmart's membership-only warehouse club segment, operating in 44 states in the United States and Puerto Rico. The segment operates under the "Sam's Club" brand, including samsclub.com. Sam's Club had net sales of $86.2 billion for fiscal 2024, representing 13% of the company's consolidated net sales. The segment provides an omni-channel experience to members, integrating warehouse clubs and eCommerce through services such as Curbside Pickup, mobile Scan & Go, ship-from-club, and delivery-from-club. Sam's Club operates a variety of formats, including warehouse clubs, with a total of over 130 locations.

Walmart's ESG (Environmental, Social, and Governance) priorities are centered on the concept of creating shared value, which is achieved by serving its stakeholders, including customers, associates, shareholders, suppliers, business partners, and communities. The company's current ESG priorities are categorized into four broad themes: opportunity, sustainability, community, and ethics and integrity. Walmart's workforce strategy includes the following strategic priorities: belonging, well-being, growth, and digital. The company is committed to creating a culture of belonging, providing opportunities for associates to grow and learn, and driving a digital transformation that improves the associate experience and powers the business.

The company's executive officers are responsible for overseeing the company's operations and strategy. These officers include Daniel J. Bartlett, Executive Vice President, Corporate Affairs; Rachel Brand, Executive Vice President, Global Governance, Chief Legal Officer and Corporate Secretary; David M. Chojnowski, Senior Vice President and Controller; John Furner, Executive Vice President, President and Chief Executive Officer, Walmart U.S.; Suresh Kumar, Executive Vice President, Global Chief Technology Officer and Chief Development Officer; Kathryn McLay, Executive Vice President, President and Chief Executive Officer, Walmart International; C. Douglas McMillon, President and Chief Executive Officer; Donna Morris, Executive Vice President, Global People, and Chief People Officer; Christopher Nicholas, Executive Vice President, President and Chief Executive Officer, Sam's Club; and John David Rainey, Executive Vice President and Chief Financial Officer.

Walmart's corporate website is located at www.stock.walmart.com. The company files with, or furnishes to, the SEC Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, amendments to those reports, proxy statements and annual reports to shareholders, and, from time to time, other documents. The reports and other documents filed with, or furnished to, the SEC are available to investors on or through the company's corporate website free of charge as soon as reasonably practicable after they are electronically filed with or furnished to the SEC.