Companies that disclose significant concentration of sales or receivables with Walmart
| ticker | Company Name | Walmart dependence evidence | Normalize | Normalize 2 | Source | Market Cap |
|---|---|---|---|---|---|---|
| SYM | Symbotic Inc. | Walmart is the company’s largest customer, accounting for approximately 85% of total revenue in fiscal 2025; Walmart also comprised a significant majority of the $22.5 billion backlog. The filing says loss or cancellation of Walmart business could materially and adversely affect results. | 85% | 2025-11-2410-K | $5.55B | |
| SJM | J M Smucker Co. | Sales to Walmart Inc. and subsidiaries, including Sam’s Club, were 34% of net sales in 2026 and 33% in 2025 and 2024; trade receivables due from Walmart were $187.4 million, or 29% of total trade receivables at April 30, 2026. | 34% | 33% | 2026-06-0910-K | $12.97B |
| CALM | Cal-Maine Foods Inc. | Walmart Inc. (including Sam’s Club) accounted for 30.0%, 33.6%, and 34.0% of net sales dollars for fiscal 2026, 2025, and 2024; Walmart also represented 26.2% and 28.1% of net accounts receivable at May 30, 2026 and May 31, 2025. | 30.0% | 33.6% | 2026-07-2210-K | $3.80B |
