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...
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...
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...
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...
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...
