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Walmart

Walmart vows to invest in stores and jobs

Walmart vows to invest in stores and jobs

BENTONVILLE, Ark. — Walmart on Wednesday detailed investments in new and remodeled stores that it says will create new jobs while offering an improved shopping experience for its customers. The planned expansion of its brick-and-mortar presence marks a change in direction for the retailer, which has not added to its U.S. store count in recent

Walmart announces 3-for-1 stock split

Walmart announces 3-for-1 stock split

BENTONVILLE, Ark.– Walmart announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1. The stock split is part of Walmart’s ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach. More than 400,000

Walmart details its technology vision at CES

Walmart details its technology vision at CES

LAS VEGAS — Doug McMillon and several other members of Walmart’s management team discussed their vision of a new type of commerce — adaptive retailing — at the Consumer Electronics Show here yesterday. Driven by the needs of customers and associates, the concept hinges on technology and its role in creating an interconnected and frictionless

Walmart tops analysts’ Q3 forecast

BENTONVILLE, Ark. — Wal­mart cited strong grocery sales and gains in e-commerce in posting fiscal third quarter earnings that beat consensus estimates. “We had strong revenue growth across segments for the quarter, and we’re excited to get an early start to the holiday season,” said Doug McMillon, Walmart’s president and chief executive officer. Walmart said

Walmart tops PoweRanking for 27th straight year

NEW YORK — Walmart held the highest rung in Kantar’s ranking of retailers for 2023. It was the 27th consecutive year that Walmart was named top retailer in the PoweRanking of retailers and supplier/manufacturers that set the standard for performance, as judged by their trading partners. Kroger occupies the No. 2 position among retailers this

Walmart tops estimates for earnings, revenue

Walmart tops estimates for earnings, revenue

BENTONVILLE, Ark. — Walmart today topped estimates for its fiscal third-quarter earnings on strong grocery sales and gains in its e-commerce business. The retailer posted net income of $453 million, or 17 cents a share, in the 13 weeks to October 27. That compares to a $1.8 billion loss in the year-earlier quarter due to

Walmart event celebrates and supports veterans

Walmart event celebrates and supports veterans

BENTONVILLE, Ark. — On Nov. 11, Veterans Day, Walmart is celebrating the military community with a star-studded concert for veterans and their families. The first Heroes & Headliners concert features musical acts Chris Stapleton, H.E.R. and Imagine Dragons with Rob Gronkowski and Camille Kostek serving as emcees. Customers will be able to stream the sold-out concert live on Walmart.com/Live,

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