News
WMT
59.71
+1.46%
0.86
Walmart Refutes Calls for Change Over Equal Pay and Employee Safety
Walmart shareholders will vote on four proposals in the company's 2024 proxy report on June 5. The proposals include racial equity, workplace safety and violence, human rights and living wages. The company has recommended shareholders vote against each and every one of the proposals. Walmart associates and activist groups want the company to evaluate its policies, procedures and reporting.
Forward News · 11h ago
Walmart (WMT) is a Top-Ranked Value Stock: Should You Buy?
Walmart Inc. Has evolved from a traditional brick-and-mortar retailer into an omnichannel player. The company is a Zacks Rank #2 (Buy) stock with a strong Value and VGM Style Score of A. Shares are currently trading at a forward P/E of 25X for the current year.
Forward News · 15h ago
Pre-Market Most Active for May 2, 2024 : EBS, AAPL, SQQQ, NIO, WMT, MU, STLA, PTON, DASH, TSLL, GM, FSLY
NASDAQ · 16h ago
3 Cryptos That Are Turning the Financial World Upside Down
Three disruptive cryptos could ride the tailwinds provided by growth in decentralized finance activity higher over the long term. Chris MacDonald says  Etherium, OriginTrail and Uniswap are well-positioned for continued upside. The three cryptos face a potential legal challenge from the SEC.
Investorplace · 18h ago
Kroger To Boost Customer Perks With Disney+ Streaming: Report
Kroger and Walt Disney reportedly in discussions to offer Disney+ streaming service to Kroger Boost members. The streaming service could be offered to members of Kroger's grocery delivery program this year. The talks are still in early stages, according to a report. Kroger and Disney have not commented on the reports.
Benzinga · 19h ago
Sam’s Club rolls out AI-powered technology at 120 US stores
The tech captures images of shopping carts after payment has been made. Sam's Club has deployed AI and computer vision technology across more than 120 locations in the US. It verifies that members have paid for their items, streamlining the exit process without the need for manual checks by staff.
Forward News · 20h ago
Consumer confidence hits 21-month low. Are retailers prepared?
Forward News · 1d ago
Walmart CEO Started In The Warehouse And Says He Climbed His Way Up By 'Raising His Hand' When The Boss Was Away And Being A 'Pinch Hitter'
Walmart CEO Doug McMillon started working in a warehouse at age 17. McMillon attributed much of his career advancement to his willingness to "raise his hand" when his boss was away. He says the integration of physical and online retail is a critical strategy for the retail giant.
Forward News · 1d ago
CVS stresses 'margins over membership' to offset Medicare pressure
CVS reported $88.4 billion in revenue in the first quarter, missing Wall Street's estimate of $89 billion. The company's stock was trading down more than 13% Wednesday, reaching its lowest level since 2009. CVS expects to raise insurance plan prices in the coming year as it adjusts for Medicare reimbursement cuts.
Forward News · 1d ago
Investor Optimism Dampens as Walgreens Boots Alliance Struggles With Market Turbulence
Walgreens Boots Alliance Inc. (NASDAQ:WBA) shares plummeted by 18% in April, nearing a 26-year low. The drugstore chain's stock value has dropped nearly 50% in the past five years. Walgreens is facing tough times as it struggles with high debt stemming from aggressive acquisition spree. The company is embarking on a strategic review of its operations to regain investor confidence.
Benzinga · 1d ago
Walmart is closing down its health centers. What’s that mean for Amazon, Walgreens and CVS?
MarketWatch · 1d ago
Investors Met With Slowing Returns on Capital At Walmart (NYSE:WMT)
Walmart has a Return On Capital Employed of 17%, compared to the Consumer Retailing industry average of 12%. The stock has gained 91% over the last five years. The company's returns on capital employed have been steady for the past 5 years. We don't think Walmart's current trends fit the mold of a multi-bagger. Walmart's ROCE is a measure of a company's yearly return on equity.
Simply Wall St · 1d ago
Roblox opens up new ad format as it looks to build its ads business
Tech Roblox opens up new ad format as it looks to build its ads business. The video game platform is opening up its video ads offering to all advertisers. Users will now see video advertisements running on virtual billboards and other screens. The ads will allow advertisers to reach Gen Z customers.
Seeking Alpha · 1d ago
Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick
Walmart Inc. Has evolved from a traditional brick-and-mortar retailer into an omnichannel player. The company boasts a Growth Style Score of A and holds a Zacks Rank of 2. Walmart is expected to report cash flow growth of 6% this year. WMT should be on investors' short lists because of its impressive growth fundamentals.
Forward News · 1d ago
D.A. Davidson Sticks to Their Buy Rating for Walmart (WMT)
TipRanks · 1d ago
Analysts Offer Insights on Consumer Goods Companies: Philip Morris (PM), Sysco (SYY) and Walmart (WMT)
TipRanks · 1d ago
Walmart Takes Bold Step With Bettergoods Food Expansion
Walmart Inc has launched its private food brand, Bettergoods, to bring culinary concepts directly to customers. The brand aims to make quality, chef-inspired food approachable and affordable. The move marks Walmart’s largest private brand food launch in 20 years.
Benzinga · 1d ago
US Equity Markets Close Down Tuesday After Higher Wage Data
Forward News · 2d ago
Walmart to shut down all of its US health clinics
All 51 of Walmart's health clinics in the US will shut down after struggling to reach profitability. Yahoo Finance Health Reporter Anjalee Khemlani breaks down the biggest headwinds for this segment of the company. The company is closing 51 of its health clinics.
Forward News · 2d ago
Walmart launches store-label food brand Bettergoods in bid to appeal to younger shoppers
MarketWatch · 2d ago
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About WMT
Walmart Inc. is a technology-powered omnichannel retailer. The Company is engaged in the operation of retail and wholesale stores and clubs, as well as e-commerce websites and mobile applications, located throughout the United States, Africa, Canada, Central America, Chile, China, India and Mexico. It operates through three segments: Walmart U.S., Walmart International and Sam's Club. The Walmart U.S. segment includes the Company's mass merchant concept in the United States, as well as e-commerce, which includes omni-channel initiatives and certain other business offerings such as advertising services through Walmart Connect. It operates under the Walmart and Walmart Neighborhood Market brands. The Walmart International segment consists of the Company's operations outside of the United States, as well as e-commerce and omni-channel initiatives. The Sam's Club segment includes the warehouse membership clubs in the United States, as well as e-commerce and omni-channel initiatives.