Opinions
Brianne Gardner
Walmart Inc
WMT-N
PAST TOP PICK
Nov 05, 2024
Stock price when the opinion was issued
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From our humble beginnings as a small discount retailer in Rogers, Ark., Walmart has opened thousands of stores in the U.S. and expanded internationally. Through innovation, we're creating a seamless experience to let customers shop anytime and anywhere online and in stores. We are creating opportunities and bringing value to customers and communities around the globe. Walmart operates more than 10,500 stores and numerous eCommerce websites in 19 countries. We employ 2.1 million associates around the world — nearly 1.6 million in the U.S. alone. Social media mentions are up 155% in the past 24h.
Costco and Walmart offer terrific private label products that appeal to consumer starved for value after products were hiked during Covid. True, private label brands aren't growing much, but they keep all prices--including consumer brands--down. The brands are one reason why Costco and Walmart keep hitting new highs.
By and large, commercial real estate landlords do consider this name to be in the grocery space. It's doing a better and better job of that. But not a pure-play grocery. He thinks of defensive, grocery-anchored shopping centres as neighbourhood, urban, smaller centres -- where you can get a haircut and do other errands that can't be done online.
Walmart today is a people-led, tech-powered omnichannel retailer dedicated to helping people save money and live better. Since Sam Walton opened the first Walmart, we have opened thousands of stores across the U.S. and internationally. Around the world, customers want the same things: value, a broad assortment of quality items and services, a convenient and enjoyable shopping experience, and to do business with a company they trust. We are on a mission to meet our customers and members wherever they are, with the things they want, where and how they want them. And although the ways we deliver these experiences is changing, and changing fast, our promise to improve the customer and associate experience is constant. Social media mentions are up 188% in the past 24h.
Is the world's largest company by revenue with an amazing chart, up since January. They overhauled and improved their e-commerce and integrated high-margin revenue streams such as ads and membership services. They launched their AI logistics tool to improve delivery efficiency, so this translates into more revenues. Take some profits now after this strong run, though the street sees 5% more upside.