Walmart NNN Properties | 1031 Exchange

Walmart: America’s Largest Retailer with an International Repute

Walmart Stores, Inc. is an American multinational retail corporation that is doing business as Walmart. It operates as a chain of discount department stores,  hypermarkets, and grocery stores. The headquarters is located in Bentonville, Arkansas. Sam Walton founded the company in 1962 and incorporated on October 31, 1969. According to reports of December 31, 2016, Walmart operates across  28 countries through its 11,666 stores, under 63 banners. It operates under different names in different countries like Walmart in the United States and Canada, Walmart de México y Centroamérica in Mexico and Central America,as Best Price in India, as Asda in the United Kingdom, as the Seiyu Group in Japan, and. It also has wholly owned operations in Argentina, Brazil, and Canada. Sam’s Club retail warehouses is a subsidiary of Walmart.

Current Market Value

Since 1994, Walmart has held its position among the Global 500 by the Fortune Magazine. It remained in the #1 position for a few years now. The company is led by, Greg Penner (President) and Doug McMillon (President and CEO).  It is America’s top retailer, for reasons undeniable. Its profitability in the trailing twelve months is 2.98% of profit margin and 4.79% operating margin. It has showed efficient management by holding 7.04% in return of assets and 18.46% in returns on equity during the trailing twelve months.

In the same period, its revenue stands at US$ 484.6 billion, with revenue per share of US$ 159.99 and gross profit of 121.15 billion.  The balance sheet of the company reads a total cash of US$ 5.94 billion, cash per share of US$ 1.93 in its most recent quarter. According to WMTs’ cash flow statement, its operating cash flow is US$ 32.03 billion, whereas its levered cash flow is US$ 17.24 billion in the trailing twelve months. The company’s quarterly growth, year over year has been 0.07%.

How it started?

  Sam Walton opened the first of America’s largest retailer under the name  Walmart store on July 6, 1962. The company was renamed as Walmart during its incorporation in 1969. It went public in 1970, moved to New York Stock Exchange in 1972, and operated under the name, WMT. In 1980, WMT claimed itself as reaching US$  1 billion sales in the shortest period than any other company in the history. The company extended its reach out of US during 1991, for the first time by beginning its operation as a part of a joint venture in Mexico. Founder Sam Walton, passed away on April 6, 1992 at the age of 74, after fighting cancer for a brief period.  The company’s global revenue reached US$ 400 billion in 2009 from US$ 380 billion the previous year.

Its price per share reached an all time on November 1, 2014, as it was valued US$ 90.97. Walmart has continued to be the largest retailer in America by the virtue of adapting big-box approach to the 21st century. It is giving Amazon a run for its money by following it to become the second largest online retailer in the U.S. It has also proved of being capable of its own with the tech giants, rolling out Walmart Pay across the U.S. The low prices are expected to power up its sales in the coming quarters. While its expenses are about to drop off, the continuing inventory management of the company is boosting the bottom line. The company’s investments in various sectors are paying off lately. It is definitely one among the top choices of analysts for investing your money.