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Walmart
Acquired
The History of Walmart
Walmart experienced significant growth, achieving a remarkable 77% increase in its first year after its Initial Public Offering (IPO). By 1977, despite a market cap of only $135 million, Walmart had reached half a billion dollars in sales, reflecting a rapid expansion trajectory. The company boasted a compound annual revenue growth rate of 40.1% during the 1970s and 32.4% during the 1980s, after starting from a revenue base of $25 billion. These impressive growth figures solidified Walmart's position as the highest revenue-generating company globally, outpacing competitors like Amazon. Additionally, during this dynamic period, Sam Walton was proactive in exploring innovations, particularly in computing, which began to play a role in the company's operational strategies shortly after the establishment of the first Walmart stores.
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