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MarketScreener Homepage  >  Equities  >  Nyse  >  Wal-Mart Stores    WMT

WAL-MART STORES (WMT)
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Wal Mart Stores : Mart drops Stores from name to shed brick and mortar image

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12/06/2017 | 04:19pm CEST
Shopping carts are seen outside a new Wal-Mart Express store in Chicago

(Reuters) - Wal-Mart Stores Inc will be known as Walmart Inc, effective Feb. 1, the world's largest retailer said on Wednesday, as part of its efforts to rebrand itself as more than a brick and mortar store.

The name change highlights the company's online, pickup and delivery and mobile shopping capabilities.

"Our customers know us as Walmart and today they shop with us not only in our stores but online and with our app as well," Chief Executive Doug McMillon said.

The company, which has more than 11,600 stores around the world, will continue to trade on the New York Stock Exchange under the symbol 'WMT'.

(Reporting By Aparajita Saxena in Bengaluru; Editing by Shounak Dasgupta)

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Financials ($)
Sales 2019 514 B
EBIT 2019 21 780 M
Net income 2019 13 166 M
Debt 2019 44 658 M
Yield 2019 2,34%
P/E ratio 2019 20,02
P/E ratio 2020 18,30
EV / Sales 2019 0,60x
EV / Sales 2020 0,58x
Capitalization 265 B
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 93,6 $
Spread / Average Target 3,1%
EPS Revisions
Managers
NameTitle
C. Douglas McMillon President, Chief Executive Officer & Director
Gregory B. Penner Non-Executive Chairman
Brett M. Biggs Chief Financial Officer & Executive Vice President
Jeremy King Chief Technology Officer & Executive VP
Clay Johnson Chief Information Officer & Executive VP
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