rs, Arkansas in the year 1962. Buy 1967 Wal-Mart had 24 stores in the state of Arkansas and had earned over 12.6 million dollars in sales. Wal-Mart expanded out of its home state in 1968 with two new stores- Claremore, OK and Sikeston, MO. On Halloween, 1969 Wal-Mart stores made the corporate transition to Wal-Mart Stores, Incorporated. The year 1970 was a big year for Wal-Mart; Wal-Mart stock became available for over the counter trade for the first time ever, and the Wal-Mart distribution center was built where it stands today in Bentonville, Arkansas. The store finished out the year with 38 stores and 1,500 employees earning Wal-Mart 44 million up to that point. By the next year, Wal-Mart stock experienced its first of eleven stock splits at 47 dollars per share. They now had stores not only in Arkansas, Missouri, and Oklahoma, now Kansas and Louisiana also had stores. The next year, 1972, the New York Stock Exchange began listing Wal-Mart's stock just in time for their second stock split at $47.50 per share. By 1975 Wal-Mart exploded into Texas, Mississippi, Kentucky, and Tennessee with 125 stores nationwide, 1500 employees, or associates as Wal-Mart prefers to call them, and a net sales profit of 340.3 million dollars. There stock split once again that year with a market value at 23 dollars a share. This was also the year that Sam Walton introduced his infamous Wal-Mart cheer still heard today at shareholders meetings across the country. Apparently he got the idea while observing workers while visiting Korea. Sam Walton extended his pet corporation by acquiring 16 Mohr-Value stores in both Sam and Wal-Mart's first business acquisition.
...