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Barchart
Barchart
Tony Daltorio

How Walmart Turned Into an Unlikely AI Stock

With fiscal 2024 revenues of $648 billion, Walmart (WMT) is the largest retailer in the world. The company employs approximately 2.1 million associates in 10,500 stores across 19 countries. Walmart is also the largest retailer in the U.S., with about $500 billion in domestic retail sales across more than 5,200 locations.

The company has come a long way since Sam Walton opened his first grocery store in 1962 in the city of Rogers, Arkansas, which is just a few miles down the road from its headquarters in Bentonville, Arkansas.

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