Wal-Mart Stores Inc., most notably known and advertised as Walmart, is a multinational corporation that is recognized as the largest retailer in the world. This corporation sells shares of stock on the New York Stock Exchange. According to the Securities and Exchange Commission, Wal-Mart Stores Inc. became a corporation in Delaware in the very late 1960’s. Walmart is known for their large stores that combine the elements of grocery and retail. Walmart sells a vast array of items, including but not limited to, clothing, accessories, and food all at discounted prices. While they are known for their large superstores, this corporation has recently expanded into e-commerce by selling their goods online. They are known for their discounted and affordable prices which links back to their slogan, “save money and live better.”
The annual report that I used in obtaining information about Walmart’s financial history was for the fiscal year ended January 31, 2017. Walmart’s total assets for the year ended January 31, 2017, totaled $198,825,000,000. This figure for total assets was a slight decrease from the previous year’s figure. On the income statement, Walmart’s total revenues amounted to …show more content…
This figure is comprised of common stock. Common stock, as its name suggests, is considered the most commonly held stock. The value of a share of common stock is based on how well a corporation performs. Walmart has 24,276,000 outstanding shares of restricted stock. Restricted stock is a form of common stock that is distributed according to a vesting plan, in which specific employees are rewarded/compensated for their long-term loyalty to a company. The details and stipulations of vesting plans vary with each corporation. The distribution of restricted stock is a way for employers to give their highly regarded employees shares of stock which also gives them ownership of the