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

WAL-MART STORES (WMT)
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Walmart : Launches Officially Licensed Online Military Showcase from all Five Branches of the U.S. Armed Forces

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11/10/2017 | 02:03pm CEST

Consumers can shop to salute our U.S. military members and their families at Walmart.com/USMilitary

Today, Walmart is launching a curated showcase where customers can shop to salute the nation’s military, veterans and their families. Walmart.com/usmilitary, offered through Walmart.com’s marketplace, features an assortment of officially licensed products across all five branches of the U.S. Armed Forces — U.S. Army, U.S. Navy, U.S. Air-Force, U.S. Marine Corps and U.S. Coast Guard. The showcase will launch with an initial assortment of nearly 3,000 products offered across a variety of categories including apparel and home goods.

“As a 31-year U.S. Army veteran I’m proud to wear my Army gear, and I’m thrilled that Walmart is providing a way for all of us to shop for officially licensed military merchandise with confidence and convenience,” said retired Brigadier General Gary Profit, Walmart’s senior director of military programs. “It’s a privilege to be part of such important efforts to remember our service members, veterans and their families not only on Veterans Day, but every day.”

"The trademark licensing program leverages the importance of pride, performance and personal development to build brand awareness and create multiple touch points for Americans to show support to the U.S. Army," says Paul Jensen, director of U.S. Army trademark licensing.

The online showcase builds upon Walmart’s already-robust support for veterans, military members and their families. Since Memorial Day 2013, Walmart has hired more than 188,000 veterans and promoted more than 26,000 to roles of greater responsibility. The company is well on its way to reach its hiring goal of 250,000 veterans by 2020.*

Each military branch independently determines which quality products and vetted suppliers are deserving of their respective licenses. These official licensees may then apply to be included in Walmart’s Online Military Showcase. As more suppliers join this program offered through Walmart marketplace, a broader range of assortment will provide shoppers even more choices.

For more information about Walmart’s commitment to veterans, service members and military families, please visit: http://corporate.walmart.com/global-responsibility/veterans-military-families/. To shop the new U.S. Military showcase, visit www.walmart.com/usmilitary.

Editor’s Note

*These projections and reported hires/promotions include veterans hired under our original and expanded Veterans Welcome Home Commitment, as well as other veterans hired by Walmart in this time frame. While we think it is particularly important to support military members as they make the transition to civilian life, Walmart believes all veterans deserve our respect and support, no matter when they leave active duty.

About Walmart

Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, over 260 million customers and members visit our 11,695 stores under 59 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2017 revenue of $485.9 billion, Walmart employs approximately 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.


© Business Wire 2017
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Financials ($)
Sales 2019 515 B
EBIT 2019 21 949 M
Net income 2019 9 608 M
Debt 2019 48 896 M
Yield 2019 2,19%
P/E ratio 2019 27,03
P/E ratio 2020 19,56
EV / Sales 2019 0,64x
EV / Sales 2020 0,62x
Capitalization 281 B
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Mean consensus OUTPERFORM
Number of Analysts 34
Average target price 103 $
Spread / Average Target 7,6%
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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 Enterprise Chief Information Officer & EVP
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