Walmart became the world’s largest retailer and is traded on the New York Stock Exchange under the ticker WMT. Its enormous store network, wholesale operations, supply chain, and expanding e-commerce business have made it one of the most valuable companies in the consumer sector.
Sam Walton opened the first Walmart store in Rogers, Arkansas, in 1962. The company emphasized low prices, high sales volume, and efficient distribution, allowing it to expand across the United States and later into international markets.
Market capitalization measures the value of Walmart’s publicly traded equity, not the value of merchandise in its stores. Walmart is often confused with Sam’s Club, which is its membership warehouse division rather than a separate publicly traded company.