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Walmart Company

Walmart started in 1962 with one store and has grown to be a massive global retailer. It operates various store formats including supercenters, discount stores, and Sam's Clubs. Walmart sells a wide range of products at low prices both in stores and online. It is led by CEO Doug McMillon and chairman Gregory Boyd Penner. Walmart has strong financial performance with increasing annual revenues and profits.

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0% found this document useful (0 votes)
31 views

Walmart Company

Walmart started in 1962 with one store and has grown to be a massive global retailer. It operates various store formats including supercenters, discount stores, and Sam's Clubs. Walmart sells a wide range of products at low prices both in stores and online. It is led by CEO Doug McMillon and chairman Gregory Boyd Penner. Walmart has strong financial performance with increasing annual revenues and profits.

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penchala sushmna
Copyright
© © All Rights Reserved
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Download as DOCX, PDF, TXT or read online on Scribd
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HU22MGMT0700191

SUSHMNA P
ESSENTIALS OF FINANCIAL MANAGEMENT

WALMART COMPANY
PURPOSE
The purpose of taking Walmart company as my project is Walmart's
operations, strategies, and challenges will help me to gain knowledge
about the retail industry. I can also learn about business practices,
innovative ideas, and problems faced by many retailers.
Walmart is involved in a wide range of business operations, including
retail, e-commerce, logistics, and more. This provides opportunities
to explore different aspects of business and management.
Walmart has been investing in technology and innovation, such as e-
commerce, and supply chain optimization. Analyzing these aspects
can help me to gain knowledge of retail and technology integration. I
can also analyze how Walmart competes with other retailers, so that
I can improve my analytical skills. My report only focuses on one
country, that is the USA.

OVERVIEW
Walmart Inc. is the biggest retail company that runs various types of
stores, like grocery stores, supermarkets, and discount stores,
offering a large number of products such as groceries, health items,
clothing, and home goods, at low prices. Walmart is a big store that
sells lots of different things in many places. They deliver products to
lots of places like the United States, Africa, and Asia. Their main
office, where they run the company, is in Bentonville, Arkansas, USA.
It sells products under different names like Equate, Mainstays, and
George. Besides, they also offer services like fuel, gift cards, and
financial services. People can buy things from Walmart online too.
Walmart involved in e-commerce does more than just sell things in
their stores. They also do business online and provide services like
sending money, cashing checks, and paying bills.
Walmart began with just one person, Sam Walton, back in 1962. His
goal was to help people save money so they could have better lives.
In 1972, Walmart became a publicly traded company on the New
York Stock Exchange, where people could buy shares of the company
for $16.50 each.
Now, his children Jim Walton, Alice Walton, and Rob Walton are the
top three people who own Walmart. The current CEO of Walmart is
Doug McMillon, and he's spent his whole career making sure
customers get good products and services to help them save money
and live better lives. Gregory Boyd Penner is an American
businessman who is the chairman of Walmart. The person in charge
of Walmart in the U.S. is John Furner, and he leads a huge team of
over 1.5 million people. They take care of more than 4,700 stores,
the website, app, and getting products to the stores. Walmart has
made a lot of money, about $638.78 billion according to the latest
reports. Walmart's well-known motto is: "We help people save
money so they can have better lives."

INDUSTRY
Walmart is a big store where people can buy things they need
directly. It's the biggest store in the world after Amazon. Among large
stores, Walmart is number one when it comes in terms of share. It's a
big retail company that sells a wide variety of products directly to
people. Walmart is a significant player in the retail world. It is a retail
giant that started with a vision to help people save money.
It's like a one-stop shop where customers can find almost everything,
they need in one place. The company operates in the discount retail
segment, providing low prices to attract multiple customers.
Walmart's retail industry includes various stores, such as Walmart
Supercenters, discount stores, and Sam's Clubs. Supercenters are
massive stores that offer customers the convenience of getting
everything in one place. Discount stores focus on providing low-cost
goods, and Sam's Clubs are to members looking to buy in bulk.
Walmart serves customers in various countries, making it a global
retail industry. It started the digital age by launching Walmart.com in
2000, allowing customers to shop online. Walmart has also played a
role in shaping the retail market by introducing innovative practices.
It is still a big deal in the retail world. They're doing well financially
and they're focused on making sure they give customers what they
want. Walmart is a company that sells things both to regular people
and to other businesses.

FINANCIAL ANALYSIS
Walmart is making more and more profit each year. In the twelve
months ending October 31, 2023, their profit was $155.045 billion,
which is almost 6% more than the year before. For the whole year of
2023, their profit was $147.568 billion, up by about 2.65% from
2022, which itself had increased by 3.54% from 2021.

In the United States, Walmart made about $421 billion in sales in


2023. But their total assets, which are all the things they own, went
down a little bit in 2023 compared to the year before. Their current
revenue, which is all the money they make from selling things, is
$638.78 billion. In 2022, they made $600.11 billion, which was more
than the year before—$571.96 billion.
Walmart's net profit margin, which is the percentage of their revenue
that turns into profit, is 2.55% as of October 31, 2023. The financial
analysis of this project is reported on Walmart US.

Sales growth of Walmart

EXECUTIVE SUMMARY
Walmart started in 1962 by a man named Sam Walton. Their goal is
to help people save money so they can have better lives. They have
different kinds of stores like Supercenters, discount stores, and Sam's
Clubs, where they sell lots of different things at prices people can
afford. Walmart's reach extends globally, serving customers in
countries across America, Africa, and Asia. Today, Walmart is led by
CEO Doug McMillon, who has dedicated his career to ensuring
customers receive quality products and services. Gregory Boyd
Penner is an American businessman who is the chairman of Walmart.
Now, his children Jim Walton, Alice Walton, and Rob Walton are the
top three people who own Walmart.
The company, allowing customers to shop online and access a wide
range of goods. They sell products under various names such as
Equate, Mainstays, and George, offering everything from groceries to
clothing and home goods. Walmart provides services like fuel, gift
cards, and financial services, catering to diverse consumer needs.
Walmart wants to be more environmentally friendly. They have goals
to produce zero waste, use renewable energy sources, and sell
products that are good for both people and the environment.
It has become publicly traded company in 1970, listed on the New
York Stock Exchange in 1972, and topped the Fortune 500 ranking.
Walmart is the biggest among large retailers when it comes to how
much of the market they control. Their profits are also really high.
For the twelve months up to October 31, 2023, their gross profit was
$155.045 billion, which is almost 6% more than the previous year. In
2023, their total annual gross profit reached $147.568 billion,
showing an increase from 2022, which itself had gone up from 2021.
In 2023, Walmart U.S. made around $421 billion in net sales.
Walmart's total assets, however, experienced a slight decline,
reaching $243.197 billion in 2023, a 0.68% decrease from 2022,
which had a 3.02% decline from 2021. Currently, Walmart's making a
lot of money. Their revenue is $638.78 billion. In 2022, they made
$600.11 billion, which is more than what they made in 2021—
$571.96 billion. So, their revenue keeps going up each year.
Walmart's net profit margin, indicating the percentage of profit
relative to its revenue, was reported as 2.55% as of October 31, 2023.
FINDINGS
Walmart is a retail industry, so this research gave the access to know
much about the retail industry and consistently I can analyze market
strategies and business operations. Apart from this, I also came to
know Walmart have a lot of stores all over the world, including in
India. From my research, I learned that Walmart focuses on providing
a wide variety of products at affordable prices. They have a strong
presence in the grocery sector and also sell other things like clothing,
electronics, and household items. They also have an online presence,
so people can shop on their website too. One interesting thing I
learned is that Walmart is committed to sustainability and has been
working to reduce waste and be more environmentally friendly.
Overall, Walmart is a company that aims to offer a convenient and
affordable shopping experience for customers.
They have a huge workforce, employing millions of people around
the world. Walmart is also known for its efficient supply chain
management, which helps them keep their prices low. They have also
faced some problems over the years, related to labor and
competition with smaller businesses.

CONCLUSION
In conclusion, Walmart's impact on local economies, job markets,
and the retail sector, both positive and negative.
Walmart has played a crucial role in making goods more affordable
for consumers. Moreover, Walmart's expansive create job
opportunities, contributing to employment in various communities.
In addition, the retailers have adapted to sustainability and
renewable energy sources, a growing awareness of corporate
responsibility and create a friendly environment in the economy.
On the other hand, Critics argue that Walmart's market dominance
can lead to the suppression of smaller businesses, impacting local
economies negatively. The company's expansion into new regions has
faced problems which impact on small businesses and groups. It
shows how a company can deal with problems and keep going. Even
though there are arguments about how it affects local areas and
treats its workers. Walmart keeps its prices consistently low, which
makes customers happy because they don't have to wait for sales or
discounts. This makes people want to shop more often. In fact,
Walmart is the biggest retailer around and it holds first place among
largest retailers. Experts think that by 2024, the value of Walmart's
stock could go up to $185.222.

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