|Price Range 12mo avg:||$2M – $14.8M|
|$/sf 12mo avg:||$177.97|
|CAP Rate 12mo avg:||5.92%|
|Lease Terms:||21yrs NNN|
|Building Size avg:||71,900 SF|
|Lot Size avg:||7+/- acres|
Wal-Mart Stores, Inc., (NYSE: WMT), is an American multinational retail corporation that operates a chain of discount department stores and warehouse stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It has almost 11,000 stores in 27 countries, under a total 71 banners.
Walmart is the world’s largest company by revenue, according to the Fortune Global 500 list in 2014, as well as the biggest private employer in the world with 2.2 million employees. Walmart is a family-owned business, as the company is controlled by the Walton family, who own over 50 percent of Walmart through their holding company, Walton Enterprises. It 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 2009, it generated 51 percent of its US$258 billion (equivalent to $284 billion in 2015) sales in the U.S. from its grocery business.
The company was listed on the New York Stock Exchange in 1972. In the late 1980s and early 1990s, the company rose from a regional to a national giant. By 1988, Walmart was the most profitable retailer in the U.S. and by October 1989, it had become the largest in terms of revenue. Geographically limited to the South and lower Midwest up to the mid 1980s, by the early 1990s the company’s presence spanned from coast to coast – Sam’s Club opened in New Jersey in November 1989 and the first California outlet opened in Lancaster in July 1990. A Walmart in York, Pennsylvania opened in October 1990, bringing the main store to the Northeast.
|S&P Credit Rating:||AA|
|Moody’s Credit Rating:||Aa2|
|Annual Revenue 2014:||$476.3B|
|Annual Revenue 2013:||$468.7B|
|Revenue Growth:||↑ 1.6% from 2013|
|Units (Dec. 2014)||10,942|
|Average Units Volume:||$43.2M|
Yahoo! Finance: WMT News Latest Financial News for WMT
Cramer: Nordstrom is the latest 'retail resurrection'
on August 20, 2018 at 10:24 pm
Nordstrom's stock rose as much as 13 percent on Friday after reporting a strong second quarter. Cramer believes that the e-commerce platform is driving the change, with Nordstrom reporting that its digital platform makes up almost a third of its sales. After Nordstrom JWN 's stock soared last week following a strong quarterly report, CNBC's Jim Cramer said the company is the latest retail resurrection, joining ranks that include Walmart WMT . […]
Trump complains about Federal Reserve raising rates
on August 20, 2018 at 9:27 pm
Trump says he should be getting more help from the Fed, reports CNBC's Eamon Javers. With Jonathan Golub, Credit Suisse, CNBC's Michelle Caruso-Cabrera and the Fast Money traders, Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami. […]
Walmart: Maybe It's Not Eating Dollar Stores Alive
on August 20, 2018 at 5:28 pm
When the massive retailer—and Barron’s Next 50 stock—turned in a big quarter, investors applauded and some observers wondered whether that meant market share was being ripped from dollar stores or grocers. Walmart’s quarter “begs the question: rising tide or zero sum for its retail peers? “Walmart’s nonfood business—apparel, garden, other seasonal—is more discretionary in nature and more likely to benefit from favorable weather and a robust consumer,” they wrote. […]
Are WANG Stocks Really the New FANG?
on August 20, 2018 at 4:49 pm
A few years back, CNBC personality and former hedge fund manager Jim Cramer coined the FANG acronym. Last week, he replaced it with WANG stocks. […]
Walmart, in battle with Amazon, completes $16B investment in India's FlipKart
on August 20, 2018 at 4:07 pm
Walmart's $16 billion deal with Flipkart is "expanding its rivalry with Amazon to a new horizon." […]