Wal-Mart: Overview • NYSE Ticker = WMT • Sector: Services (Discount, Variety Stores) • Founded in 1945 and based in Bentonville, AR • Currently operates stores in over 14 major countries: • U.S., Argentina, Brazil, Canada, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, UK • Operations include: • 891 Discount Stores • 2,612 Super Centers • 153 Neighborhood Markets • 602 Sams Clubs • Stores offer clothing, foods, electronics, furniture, pharmacy, house wares, etc. • Stock price down nearly 25% from 52-week high and nearly 50% from all-time high
Wal-Mart: Positives/Negatives • + Strong company. Industry leader. • + In poor economy, and good, people shop at Wal-Mart for most everything. • + Customer loyalty. • + 25% discount from 52-week high. • + Help to diversify portfolio. Currently do not own any retail/service type companies. • + Wal-Mart is expanding across the globe with stores in nearly every community in the U.S. • - Some do not agree with Wal-Mart’s business philosophy. Refuse to shop (small percentage).