Despite comparisons with the COVID-19 affected period a year past, Walmart posted strong financial results in the second quarter, beating Wall Street estimates on earnings and revenues. Second-quarter company net income was $4.28 billion, or $1.52 per diluted share,...
Sam’s Club is piloting a new Scan & Go service, dubbed Scan & Ship, that offers a new way for members to get merchandise home from its locations. The move comes at a time when parent Walmart is adding services to its membership functions, whether at its...
Sam’s Club CEO Kath McLay, speaking at a recent Jefferies Virtual Consumer Conference & Digital Gaming Day, said inflation is entering into the Walmart division’s plans. McLay noted that Sam’s Club merchants are aware of the increased raw material costs in, for...
