by Mike Duff | Feb 20, 2024 | Retail Articles
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...
by Mike Duff | Jan 31, 2024 | Retail Articles
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...
by Mike Duff | Jan 10, 2024 | Retail Articles
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...
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...