WMT.US $ 139.18 USD
-0.23 $ (-0.17%)
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145.72
0.17
0.05
0.66
4.56
0.51
About Company
Wal-Mart Stores Inc. is the largest retail chain in the world that demonstrates the highest trading indicators. The history of the corporation is a typical example of the American dream that has come true. The founder of the corporation Sam Walton is a son of common farmers, who started his career in one of the Ben Franklin chain branches. One of Walton's innovative proposals was to introduce reduced prices for goods during sale promotions. Such a reform attracted new customers and helped the beginning entrepreneur to earn a multi-billion fortune. The company's advanced developments also include an introduction of a bar code reading system, which significantly accelerated and reduced costs of selling goods. Even skeptics find the company's financial scope amazing – Wal-Mart Stores has regularly been recognized as the most trend player in the global sales industry. The Wal-Mart corporation includes more than 11,000 stores that represent over 65 global brands. The chain employs about 1,000,000 people, which makes this corporation the world's largest employer. The average annual turnover of the company amounts to $480 billion, which is relatively similar to the GDP of Austria and Israel. The total cost of Wal-Mart Stores Inc. on the free market exceeds $234 billion. In the first quarter of 2018, the Wal-Mart revenue increased by 4.4%, surpassing the experts' expectations, and amounted to 122.7 billion dollars.
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