by Mike Duff | May 16, 2024 | Featured News, Retail Articles
The first quarter exceeded Wall Street and company expectations as Walmart pressed lower-pricing initiatives across various categories, including Home. Net income was $5.1 billion, or 63 cents per diluted share, versus $1.67 billion, or 21 cents per diluted share, in...
by Mike Duff | Apr 26, 2024 | Retail Articles
Walmart has highlighted achievements, plans for growth and the decision by Rob Walton to retire from the corporate board as the company prepares for the 2024 version of its annual meeting. The company noted that 11 director nominees will seek election at the June 5...
by Mike Duff | Feb 20, 2024 | Retail Articles
Walmart beat Wall Street estimates for its fourth quarter as it pushed forward on physical store operations, e-commerce, membership and services. In announcing its Q4 financials, the company revealed it agreed to acquire smart TV and streaming content provider Vizio...
by Mike Duff | Jan 31, 2024 | Retail Articles
In a return to a policy that harkens back to Sam Walton and his leadership of Walmart, the company announced it will conduct a split of its outstanding shares of common stock at a three-for-one rate. Although the company described the stock split as a result of its...
by Mike Duff | Jan 10, 2024 | Retail Articles
Walmart is providing insights into how it will apply technology to enable the company to pursue a new type of commerce, one that is customer-centric, interconnected, frictionless, and consistently exceeds expectations. In so doing, Walmart outlined a plan for ongoing...
