<Tr> <Th> Parent </Th> <Td> Walmart </Td> </Tr> <Tr> <Th> Website </Th> <Td> SamsClub.com </Td> </Tr> <P> Sam's West, Inc. (doing business as Sam's Club and stylized as Sam's CLUB) is an American chain of membership - only retail warehouse clubs owned and operated by Walmart Inc., founded in 1983 and named after Walmart founder Sam Walton . As of 2012, Sam's Club chain serves 47 million U.S. (including Puerto Rico) members and is the 8th largest U.S. retailer . As of January 31, 2016, Sam's Club ranks second in sales volume among warehouse clubs with $56.828 billion in sales (in fiscal year 2016) behind rival Costco Wholesale . </P> <P> Sam's Club had sales of $57.157 billion in FY 2014 . It reported a 0.3% sales increase in 2014, 4.1% in 2013, and 8.4% sales increase in 2012 . This is significantly higher growth than Walmart U.S. stores, which have not had higher than 2% growth since 2010 . </P>

Are sam club and walmart owned by the same company