Annual Report Shows the Positive Trend Wal-Mart Enjoys in the Market

It’s not just the conspiracy theorists that are of the belief that Wal-Mart will take over world one day. The multinational American retail corporation is estimated to have staggering revenues of $476.294 billion as of 2013, whilst operating at an income of $26.872 billion and total assets worth $204.751 billion. Moreover, Wal-Mart has a force of well over 2.2 million employees.  Therefore, for right reasons the Fortune Global 500 as the world’s largest public corporation, biggest private employer and largest retailer has named it. 

Sam Walton founded Wal-Mart in 1962. Its quick success led to its incorporation in 1969 and went on to get publically traded on the New York Stock Exchange in 1972. To this day Wal-Mart is a family-owned business. The power resides with the Walton family who has 50% of the stake in the company. Samuel Robson Walton, the son of Wal-Mart’s founder Sam Walton, is the current Chairman of the company and Doug McMillian is President and CEO. 

The success and revered reputation Wal-Mart enjoys in the market can be assessed by the fact that its sales of groceries contribute approximately half of to the grocery sales in the United States. The figure reached to 51% in 2009. Wal-Mart emerged as a national giant during the 1980s and the 1990s. Nowadays, Wal-Mart has over 11,000 outlets in 27 countries. Wal-Mart functions fewer than 55 different names out of the United States. For instance, in Mexico it operates under the name Wal-Mart de Mexico Y Centro America. In the United Kingdom, Wal-Mart goes by the name of ASDA and in Japan as Seiyu. Wal-Mart has enjoyed great success by expanding its boundaries to the United Kingdom, China and South America. 

The immense success of Wal-Mart has turned it into a popular stock symbol on the NYSE. Despite experiencing a decline in WMT Stock Price around New Year’s Eve, Wal-Mart has bounced back within a couple of months. WMT Stock Prices were expected to go down after the holiday season. Fewer holidays and severe weather delivered a bad affect to the WMT Stock Graph, but a positive trend started gaining momentum from mid-February. 

Releasing the Annual Report for a company that made $405 million in revenue last year has to be a big affair. With the 23^rd largest economy in the world, Wal-Mart dwarves its competitors by a mile and even puts many countries to shame with its financial power. The release of the annual report caused an immediate rise in WMT Stock Share Prices. The positive trend is expected to gain momentum in the following days, partly owing to the Wal-Mart’s decision to join forces with a dozen other multinational companies to promote and accelerate innovation in sustainable agriculture and recycling. 

The decision has won Wal-Mart a massive approval from its customers worldwide. Therefore, sales are expected to increase. The WMT Stock Graphs will most definitely show a positive trend during the next couple of weeks. Wal-Mart has worked exceptionally hard to maintain a healthy relationship with its customers and that has simply been the key to their success. A report published this year suggests that each person in the world will make 1.1 purchases from Wal-Mart this year. 

The Global Responsibility Report released by Wal-Mart last month highlighted the social and environmental ways through which the company has contributed in making the world a better place. The report showed that Wal-Mart had participated actively in projects such as Renewable Energy, Sustainability Index, Fighting Hunger Together, Volunteerism and Emergency Preparedness. The exclusive money transfer service offered between Wal-Mart outlets is expected to grow popular within the coming days as well.