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CEO McMillion Confident Walmart Can ‘Win’ in Face of Economic Uncertainty

CEO McMillion Confident Walmart Can ‘Win’ in Face of Economic Uncertainty

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,...
Big Home Product Sales Gain Helps Walmart Exceed Q3 Expectations

Big Home Product Sales Gain Helps Walmart Exceed Q3 Expectations

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...
CEO McMillion Confident Walmart Can ‘Win’ in Face of Economic Uncertainty

No Standing Still for Walmart, Sam’s Club Operations

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...
Walmart Building Up Supply Chain, Anticipating Financial Gains

Walmart Building Up Supply Chain, Anticipating Financial Gains

by Mike Duff | Apr 5, 2023 | Retail Articles

Walmart, in kicking off its two-day 2023 investment community meeting, stated that it is investing to develop an unparalleled next-generation supply chain network of stores, clubs and fulfillment centers and driving future global growth opportunities across its...
Walmart Beats Street in Q3 by Boosting Customer Visit Frequency

Walmart Beats Street in Q3 by Boosting Customer Visit Frequency

by Mike Duff | Nov 15, 2022 | Featured News, Retail Articles

Walmart’s third quarter net earnings took a hit because of equity investment charges related to JD.com and an opioid lawsuit settlement, but adjusted earnings per share and revenues beat Wall Street estimates. Consolidated net loss was $1.8 billion, or 66 cents per...
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