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