by Mike Duff | Nov 16, 2023 | Featured News, Retail Articles
Walmart surpassed third-quarter Wall Street estimates as earnings and revenue gained while some product costs, including in general merchandise, moderated. The company posted net income of $453 million, or 17 cents per diluted share, versus a loss of $1.8 billion, or...
by Chandler Harvey | Aug 24, 2023 | Featured News, Retail Articles
Walmart corporate leadership recently appeared at a pair of annual analyst meetings and provided a fresh perspective on recent activity and the direction of the Walmart and Sam’s Club businesses. The executives outlined a plan to boost general merchandise, including...
by Mike Duff | Aug 17, 2023 | Featured News, Retail Articles
Operating and net income gains at Walmart exceeded revenue growth in the second quarter, satisfying a previously announced company priority of driving return on investment faster than sales and, ultimately, profits while also ushering in a beat on Wall Street...
by Chandler Harvey | May 9, 2023 | Featured News, Retail Articles
The Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers Act, or INFORM Act, has been signed into law and will take effect in June. The INFORM Act, along with two additional bills, one each in the United States Senate and House of...
by Mike Duff | Feb 21, 2023 | Featured News, Retail Articles
Walmart reported its fourth-quarter results beat Wall Street estimates as the company adjusted to economic conditions and won market share while preparing to modify operations further with additional emphasis on home and apparel categories. Walmart net income was...
