by Mike Duff | May 15, 2025 | Retail Articles
Commenting on first-quarter results, Doug McMillon, Walmart Inc. president and CEO, said dealing with tariffs would be a challenge for the company, but Walmart would do what’s possible to keep prices low for customers. However, McMillon (pictured above) added...
by Mike Duff | Apr 9, 2025 | Featured News, Retail Articles
As the company entered its Investment Community Meeting, Walmart CEO Doug McMillion said the company has a “winning formula” that should keep it going strong in 2025 while such factors as tariffs have affected its earnings outlook in the first quarter. In the meeting,...
by Mike Duff | Feb 20, 2025 | Featured News, Retail Articles
Walmart reported stronger general merchandise sales as an important factor in the company’s fourth-quarter financial gains. Walmart corporate net income was $5.25 billion, or 65 cents per diluted share, versus $5.49 billion, or 68 cents per diluted share, in the...
by Mike Duff | Nov 19, 2024 | Featured News, Retail Articles
Walmart reported sales of general merchandise, including home products, propelled a strong third quarter and market share gains for the company, which topped Wall Street sales and earnings estimates for the quarter. Walmart net earnings were $4.58 billion, or 57 cents...
by Mike Duff | Aug 15, 2024 | Retail Articles
Walmart posted second-quarter comparable sales gains highlighting marketplace and advertising growth, beating Wall Street revenue and earnings estimates in the process. Company net income was $4.5 billion, or 56 cents per diluted share, versus $7.89 billion, or 97...
