Walmart is the American retailer founded by Sam Walton in 1962 that uses the stock ticker WMT.
Sam Walton opened the first Walmart store in Rogers, Arkansas, on July 2, 1962. The business emphasized low prices and high sales volume, initially focusing on smaller cities and towns that larger retailers often overlooked. Walmart became Walmart Inc. in 2018, and its shares trade on the New York Stock Exchange under WMT.
The company operates discount stores, supermarkets, and warehouse clubs, and it has expanded into e-commerce, logistics, financial services, and advertising. Its scale has made it one of the world’s largest companies by revenue and one of the most valuable retailers by market capitalization.
Walmart is distinct from Sam’s Club, although Sam’s Club is a Walmart division. Target and Costco are also major American retailers, but neither is Walmart’s parent company. A market-cap comparison reflects investor valuation, while revenue comparisons measure sales and can produce a different ranking.