Walmart Inc.
Company2 list appearances
After launching `walmart.com` and `samsclub.com` in 1996, the company changed its legal name from Wal-Mart Stores, Inc. to **Walmart Inc.** in February 2018 to reflect its shift from brick-and-mortar stores to omnichannel commerce. Walmart effected a 3-for-1 forward stock split on February 23, 2024 and transferred its common stock and nine bond listings from the NYSE to the **Nasdaq Global Select Market** on December 9, 2025 (retaining ticker `WMT`) to underscore its "people-led, tech-powered" AI and automation strategy. On February 1, 2026, longtime Walmart U.S. chief **John R. Furner** (who joined as an hourly associate in 1993) succeeded retiring 12-year CEO **Doug McMillon** as President and CEO alongside Chairman **Greg Penner**, while the Walton family retained a **44.11%** combined voting stake via Walton Enterprises, LLC and the Walton Family Holdings Trust. **Major Acquisitions & Portfolio Reshaping (Signing vs. Close Distinguished):** * **Flipkart & PhonePe (India):** Announced in May 2018 at **$16.0 billion** for an initial ~77% controlling stake and closed in August 2018 at ~$16 billion (stake now **84%** per FY2026 Exhibit 21); digital payments spin-off **PhonePe** remains majority-owned by Walmart and recorded a $0.7 billion non-cash SBC charge in Q3 FY2026 ahead of a planned Indian IPO. * **VIZIO Holding Corp.:** Signed in February 2024 at $11.50 per share in cash (**~$2.3 billion** equity value) and closed in **December 2024** (Q4 FY2025) for **~$2.3 billion**, integrating Vizio's SmartCast connected-TV OS directly into Walmart Connect's living-room advertising stack. * **Historical Deals & Divestitures:** Acquired **Jet.com** in September 2016 (~$3.3 billion cash/installments) to jump-start U.S. eCommerce, and acquired **Massmart** (South Africa, 100% buyout completed 2022), while pruning lower-return international banners by selling majority stakes in **Asda** (U.K., signed Oct 2020 / closed Feb 2021) and **Seiyu** (Japan, majority sold 2021). FY2026 Form 10-K Risk Factors and analyst reports highlight four main structural risks: 1. **Tariff Exposure & Everyday-Low-Price Margin Squeeze:** Operating at a ~3.0% net profit margin leaves narrow room for error if new U.S. import tariffs, trade restrictions, supply-chain disruptions, shrink, or wage inflation across 2.1 million associates outpace automation gains while EDLP commitments cap price pass-through. 2. **Consumer Mix-Shift Vulnerability:** While inflation-pressed upper- and lower-income shoppers trade into Walmart for groceries, spending pullbacks in discretionary general merchandise (apparel, home, electronics) compress consolidated gross margins due to grocery's structurally lower margin profile
1-Tap Primary Ranking Ballot
Overview#1 Full List
Does Walmart Inc. deserve the #1 spot on “Top 10 Biggest Retail Companies in the World 2025”?
#1 Walmart Inc.?
Verified Entity DossierRanked #1 in Top 10 Biggest Retail Companies in the World 2025
Best Rank
#1
top 3 in 1 list
Avg Position
#3
across 2 lists
Community
#1 Pick
avg #3 overall
Strongest in Finance — avg #1 across 1 list
Community Weigh-In & Debate
Should Walmart Inc. rank Top 3 in Biggest Retail Companies in the World 2025?
Ranked #1 on "Top 10 Biggest Retail Companies in the World 2025". Cast your vote to back or challenge this spot.
Be the first to vote on this ranking.
Most Argued About
“Top 10 Most Iconic Retail Brands of All Time”
Ranks as high as #1 on some lists — but only #5 here. Fans are divided.
See the debate →The Internet's Surprise Pick
“Top 10 Biggest Retail Companies in the World 2025”
Climbed to #1 — a narrowly contested win.
See the full ranking →Frequently Asked Questions
What is Walmart Inc.'s highest community ranking?⌄
Walmart Inc. is ranked #1 on "Top 10 Biggest Retail Companies in the World 2025" — its best placement across 2 lists on top10grid.com.
How many top-10 lists feature Walmart Inc.?⌄
Walmart Inc. appears in 2 lists on top10grid.com, spanning categories including FINANCE, LIFESTYLE.
Is Walmart Inc. a controversial ranking?⌄
Yes — community opinion on Walmart Inc. varies widely. It ranks as high as #1 on some lists and as low as #5 on others, a spread of 4 positions, making it one of the more debated picks on top10grid.com.
What category is Walmart Inc. most known for on top10grid.com?⌄
Walmart Inc. appears most frequently in the FINANCE category, most notably in "Top 10 Biggest Retail Companies in the World 2025".
What the internet says
Structured Facts & Specifications
Verified highlightsFinancials & Market
Ticker
WMT (Common Stock; plus Nasdaq-listed senior debt notes WMT26, WMT26A, WMT28C, WMT29B, WMT30B, WMT31A, WMT34, WMT35A, WMT39)
Exchange
The Nasdaq Stock Market LLC (Nasdaq Global Select Market — transferred from the New York Stock Exchange effective December 9, 2025 per Nov 20, 2025 Form 8-K)
Leadership & Organization
Headquarters
702 S.W. 8th Street, Bentonville, Arkansas 72716, United States
Founders
Sam Walton (Samuel Moore Walton; joined in early store partnerships by brother James "Bud" Walton)
Key Specifications
Parent
None — publicly traded parent corporation; controlled in practice by the Walton family's ~44.11% combined voting block as of April 10, 2026 (2026 Proxy Statement): Walton Enterprises, LLC holds 3,002,673,393 shares directly (37.67%) and votes an additional 513,524,456 shares (6.44%) held by the Walton Family Holdings Trust via irrevocable proxy (3,516,197,849 total shares; Walmart does not invoke controlled-company governance exemptions)
Segments
Three reportable operating segments: (1) Walmart U.S. ($483.0B FY2026 net sales, 68% of total net sales); (2) Walmart International ($130.4B FY2026 net sales across 18 foreign countries); (3) Sam's Club U.S. ($93.0B FY2026 net sales across 601 membership warehouse clubs; $25.7B in Q2 FY2027)
Competitors
Amazon.com, Inc.; Costco Wholesale Corporation; Target Corporation; The Kroger Co. & Albertsons Companies, Inc.; Aldi & Lidl; Dollar General Corporation & Dollar Tree, Inc.; BJ's Wholesale Club Holdings, Inc.; PDD Holdings Inc. (Temu) & Shein
Legal Status
Active — Delaware Corporation (EIN: 71-0415188; Fiscal Year End: January 31)
Name (legal)
Walmart Inc. (styled in uppercase as WALMART INC. on statutory LEI records and Form 10-K cover headers)
Social Profiles
Registered Office
c/o The Corporation Trust Company, Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware 19801, United States (LEI registry ID: 12401448)
Customer Pulse & Public Ratings
1 verified benchmarkGoogle Play4.7 out of 5
Shoppers appreciate Walmart's Everyday Low Prices, widespread store footprint, and Walmart+ delivery convenience, while common frustrations involve understaffed checkout registers, locked merchandise displays, and inconsistent third-party marketplace fulfillment.
