Walmart Inc.: 10-K Risk Factor Changes

2024 vs 2023  ·  SEC EDGAR  ·  2026-05-22
Other years: 2026 vs 2025 · 2025 vs 2024
⚠ AI-Generated

The summary below was generated by an AI language model and may contain errors or omissions. All other content on this page is deterministically extracted from the original SEC EDGAR filing.

Walmart added a new risk factor in 2024 addressing direct liability for third-party marketplace product quality and safety failures, reflecting heightened focus on marketplace governance. The company substantively modified eight existing risk factors, including enhanced emphasis on international operational risks and cybersecurity threats to customer and associate data. These changes signal Walmart's increased attention to marketplace accountability and evolving threats to information security across its global operations.

✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

1
New Risks
0
Removed
8
Modified
14
Unchanged
🟢 New in Current Filing If the quality or safety of products offered for sale on our third-party marketplace fails to meet our customers' expectations or regulatory standards, we could be held directly liable, lose customers, become subject to regulatory enforcement or otherwise experience reputational harm. 🔒
🟡 Modified Our international operations subject us to legislative, judicial, accounting, legal, regulatory, tax, political and economic risks and conditions specific to the countries or regions in which we operate, which could materially adversely affect our business or financial performance. 🔒
🟡 Modified Any failure to maintain the privacy or security of the information relating to our company, customers, members, associates, business partners and vendors, whether as a result of cyberattacks on our information systems or otherwise, could damage our reputation, result in litigation or other legal actions against us, result in fines, penalties, and liability, cause us to incur substantial additional costs and materially adversely affect our business and operating results. 🔒
🟡 Modified If the technology-based systems that give our customers the ability to shop with us online and enable us to deliver products and services do not function effectively, our operating results, as well as our ability to grow our omni-channel business globally, could be materially adversely affected. 🔒
🟡 Modified We are subject to risks related to litigation and other legal proceedings that may materially adversely affect our results of operations, financial position and liquidity. 🔒
🟡 Modified Our reputation may be adversely affected if we are not able to satisfy varied stakeholder expectations with respect to our ESG goals. 🔒
🟡 Modified Global or regional health pandemics or epidemics, such as COVID-19, could negatively impact our business, financial position and results of operations. 🔒
🟡 Modified If we do not timely identify or effectively respond to consumer trends or preferences, it could negatively affect our relationship with our customers, demand for the products and services we sell, our market share and the growth of our business. 🔒
🟡 Modified If the quality or safety of products we sell in stores or online fails to meet our customers' expectations or regulatory standards, we could lose customers, incur liability for any injuries caused by a product we sell or otherwise experience a material impact to our brand, reputation and financial performance. 🔒
9 changes in this historical filing

Historical year-over-year comparisons (2024 vs 2023 and earlier) are available on the Pro plan.

Get full access — from $29/month Already a Pro subscriber? View full diff →