Walmart’s Market Capitalization Hits USD1T in Historic Milestone

(MENAFN) Walmart crossed the $1 trillion market capitalization mark for the first time on Tuesday, cementing its position among America's most valuable corporations.

The retail giant's stock climbed 1.6% to $126 in early U.S. trading sessions. By 11 a.m. EST (1600GMT), shares reached $126.24, reflecting a 1.76% gain.

Walmart's equity has surged over 11% during 2026 and jumped more than 24% throughout the previous year.

At its present valuation, Walmart ranks as the 10th most valuable publicly traded enterprise in the United States.

The historic achievement arrives mere days after John Furner assumed the chief executive role on Sunday, succeeding Doug McMillon, who led the company for an extended period.

During his previous role heading Walmart's domestic operations, Furner spearheaded numerous strategic initiatives that accelerated the retailer's recent growth trajectory. The discount chain successfully captured affluent shoppers as inflation pressured household food spending, deploying tactics including curbside collection services and enhanced store-brand merchandise.

In November, Walmart reported a 5.8% revenue increase for its fiscal 2026 third quarter, powered by a 27% surge in digital commerce sales and a 53% jump in its advertising business. The corporation forecasted full fiscal-year sales expansion between 4.8% and 5.1%.

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