Wal-Mart’s sales are closely watched by Wall Street and considered a bellwether for the retail industry and the health of the overall economy. Now, the International Securities Exchange and Revere Data are trying to bring Wal-Mart’s suppliers to the forefront of investors’ minds.
Several consumer products companies - such as private-label drink maker Cott Corp. and toy maker Hasbro - derive a good chunk of their sales from Wal-Mart. Now, a new index tracks the performance of 30 companies that get 16 percent or more of their sales from the retail giant. The company with the biggest exposure in the list is Handleman Co., a distributor of CDs and movies to stores, which gets 74 percent of its revenue from Wal-Mart.
Reuters subscribers can check out the index by opening a quote screen and entering .WMX. That symbol can also be entered on the investing page of Reuters.com in the section labled Stocks & Mutal Funds.
These are the ten companies with the greatest revenue exposure to Wal-Mart in the ISE-Revere Wal-Mart Supplier Index:
| Company | Ticker symbol | % of revenue from Wal-Mart |
| Handleman Company | HDL | 74.0 |
| Cott Corporation ( USA) | COT | 40.0 |
| Chattem Inc. | CHTT | 34.0 |
| CNS, Inc. | CNXS | 31.0 |
| Cal-Maine Foods, Inc. | CALM | 30.9 |
| Del Monte Foods Co. | DLM | 29.0 |
| Playtex Products, Inc. | PYX | 28.0 |
| LeapFrog Enterprises Inc. | LF | 28.0 |
| Iconix Brand Group Inc. | ICON | 27.7 |
| The Clorox Company | CLX | 27.0 |
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2 comments so far
Wal-Mart has just laid its footprint in India with local major Airtel Bharti Ltd. Here in India the scenario is totally different for these global majors from what they experience in the US, the UK or any Western country. Here we people mostly rely on our local grocery shop and Indian primarily like to shop on big open roadside markets (bazaars). But now in urban India the shopping habits are changing with each and every passing day.
- Posted by Vikas GargBut with every passing day the young Urban Indian is changing their shopping habits. Now here also people like to shop in big malls and super stores. There are mainly two reasons for this. First income level of an average Indian is increasing by 33 per cent. I mean to say that they have huge disposable income with them to spend and they like to experiment new things. And secondly young urban Indian even doesn’t have time to go at the grocery shop and buy their daily needs. Here these multinational have scope. But the truth is that India still resides in villages. Here today also people die from hunger. Peasants and farmers still suicide as they can’t return their bank loans. The real is like this only. We live in huge diversity.
I would like to know if I can buy stock in Wal Mart directly from them. I know a few years ago, I could. Thank you.
- Posted by Holly