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Analyst Report: Walmart Inc

In Business
May 17, 2024

Summary

Walmart is the world’s largest retailer. In the fiscal year ended January 31, 2024, revenues were $648 billion (compared with Amazon’s $574 billion of total revenue). The company has three segments: Walmart Stores, which accounted for about 68% of sales; Sam’s Club, a membership warehouse chain, which comprised 13% of revenue; and the International segment, which generated 19% of sales. The company, based in Bentonville, Arkansas, ended fiscal 2023 with about 10,600 retail units in 19 countries. The company had about 1.05 billion square feet. Groceries are the largest product category in the U.S. market, at approximately 60% of sales. Health and Wellness, another stable category, is 12%. General Merchandise is

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