Wal-Mart Stores Inc.

Wal-Mart Stores, Inc.

Walmart's official headquarters in Bentonville, Arkansas
Trading name	Walmart
Type	Public
Traded as	: WMT DJIA Component S&P 100 Component S&P 500 Component
ISIN	US9311421039
Industry	Retail
Founded	July 2, 1962; 55 years ago (1962-07-02) Rogers, Arkansas, U.S.
Founder	Sam Walton
Headquarters	Bentonville, Arkansas, U.S.
Number of locations	11,695 stores worldwide(January 31, 2017)
Area served	Worldwide
Key people	Greg Penner (Chairman) Doug McMillon (President & CEO)
Products	Electronics movies and music home and furniture home improvement clothing footwear jewelry toys health and beauty pet supplies sporting goods and fitness auto photo finishing craft supplies party supplies grocery
Services	Walmart-2-Walmart Walmart MoneyCard Pickup Today Walmart.com Walmart Pay
Revenue	US$485.87 billion (2016)
Operating income	US$22.76 billion (2016)
Net income	US$13.64 billion (2016)
Total assets	US$198.82 billion (2016)
Total equity	US$77.79 billion (2016)
Owner	Walton family (51%)
Number of employees	2.3 million, Worldwide (2016) 1.4 million, U.S. (2016)
Divisions	Walmart U.S. Walmart International Sam's Club Global eCommerce
Subsidiaries	Walmart Canada Walmart Mexico Walmart Chile Walmart de México y Centroamérica @WalmartLabs Walmart Neighborhood Market Asda Amigo Supermarkets Vudu Massmart Seiyu Group Bompreço Líder Jet.com Hayneedle Moosejaw ModCloth
Website	Corporate website Commercial website
Footnotes / references

Wal-Mart Stores, Inc. (/ˈwɔːlmɑːrt/), doing business as Walmart, is an American multinational retailing corporation that operates as a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. As of January 31, 2017^[update], Walmart has 11,695 stores and clubs in 28 countries, under a total of 63 banners. The company operates under the name Walmart in the United States and Canada. It operates as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Best Price in India. It has wholly owned operations in Argentina, Chile, Brazil, and Canada. It also owns and operates the Sam's Club retail warehouses.

Walmart is the world's largest company by revenue – approximately $480 billion according to the Fortune Global 500 list in 2016 – as well as the largest private employer in the world with 2.3 million employees. It is a family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through their holding company, Walton Enterprises, and through their individual holdings. Walmart is also one of the world's most valuable companies by market value, and is also the largest grocery retailer in the U.S. In 2016, 62.3 percent of Walmart's US$478.614 billion sales came from its U.S. operations.