Globally, people use about 1 trillion plastic bags a year, and each bag has a dismally short lifespan of as little as 12 minutes. Fewer than 10% of them are recycled in the U.S., and single-use plastic bags continue to be one of the top ten items found along beaches and waterways.…
February 22, 2021
BENTONVILLE, Ark., Feb. 19, 2021 — With the catastrophic storms, power outages and water shortages affecting Texas, Tennessee, Louisiana and Mississippi, Walmart, Sam’s Club and the Walmart Foundation are committing up to $1 million in cash and in-kind product donations to help with response efforts. As part of the commitment, funds will support…
February 19, 2021
Team - When I joined Walmart in 1993, one of the first things I learned working in the Garden Center at Store 100 in Bentonville, Arkansas, was that “Our people make the difference.” Today we’re releasing our FY21 results,…
February 18, 2021
BENTONVILLE, Ark., Feb. 18, 2021 — The Board of Directors of Walmart Inc. (NYSE: WMT) approved an annual cash dividend for fiscal year 2022 of $2.20 per share, an increase of approximately 2 percent from the $2.16 per share paid for the last fiscal year. The fiscal year 2022 annual dividend of $2.20 per share will be paid in four quarterly…
February 18, 2021
Annual revenue of nearly $560 billion resulted in $35 billion of growth; $40 billion of growth in constant currency.2 Q4 FY21 GAAP EPS of ($0.74); Adjusted EPS2 of $1.39. Decision to repay property tax relief in the U.K. lowered GAAP EPS and Adjusted EPS by $0.07; COVID-related costs were $1.1 billion in Q4. Walmart continues to build the next generation business model, investing in automation to fuel future sales and earnings growth. FY22 capital investments are expected to be nearly $14 billion to build supply chain capacity and automation to stay ahead of demand, improve the customer experience and increase productivity.
February 18, 2021
LEEDS, UK, and BENTONVILLE, Ark., February 16, 2021 — Walmart Inc. (“Walmart”), Asda Group Limited (“Asda”), the Issa brothers and TDR Capital have today announced that the Issa brothers, founders and co-CEOs of EG Group, a global convenience and forecourts retailer, headquartered in Blackburn, UK, and investment funds managed by TDR Capital LLP, a leading UK-based private equity firm, have completed the acquisition of Asda, Walmart’s wholly-owned UK business, for an enterprise value of £6.8 billion, on a debt-free and cash-free basis.
February 16, 2021
The safety of our associates and customers is our top priority. Walmart’s Emergency Operations Center monitors winter storms and other potential disasters in real time. We assess the status of our facilities and will continue to operate as long as it is safe to do so. We pay close attention and follow local and/or state guidance. All stores and…
February 15, 2021
To identify the latest trends in their categories, Walmart merchants typically turn to line reviews, trade shows and market visits. But sometimes, they find new suppliers and cool products the way the rest of us do: on social media. That…
February 10, 2021
Get ready for longer days and warmer temperatures with the new Free Assembly spring collection! Free Assembly is a modern fashion brand featuring elevated style essentials for men and women, found only at Walmart. At launch, Free Assembly was applauded for its premium selvedge denim and organic cotton at incredibly low prices…
February 10, 2021
BENTONVILLE, Ark., Feb. 9, 2021 — Walmart and Sam’s Club pharmacies will begin administering COVID-19 vaccines through the U.S. Federal Retail Pharmacy Program on Feb. 12, 2021. More than 1,000 Walmart and Sam’s Club pharmacies in 22 states are receiving federal vaccine allocations this week, with an emphasis on locations that reach customers in…
February 9, 2021
Valentine’s Day is approaching. And even though it seems life could get back to a new “normal” sometime this year, it won’t be before Cupid arrives.One of the most common plays in the Valentine’s Day playbook is to celebrate by taking your main squeeze to a nice restaurant. But…
February 9, 2021
Using our strengths to make a difference
At Walmart, we’re committed to using our size and scale for good. Not just for our customers, or even our associates, suppliers, and their families, but also for the people in our communities and around the world that we will never meet. We’re proud to say that the work we do makes a real difference on the real issues that matter to all of us, and drives meaningful change in a way that no other company can.
Innovative thinking. Leadership through service. And above all, an unwavering commitment to saving people money. It’s what makes us the business we are today, and shapes the company we will be tomorrow. Sound like a lot of work? We’re just getting started.
We’re committed to nothing less than transforming the future of commerce. Building on our everyday low price model, we’re integrating online and in-store shopping for the next generation. It’s an approach that has delivered growth, leverage and returns for our shareholders.
A satisfied customer has always been our first priority, but it wouldn’t be possible without the thousands of businesses around the world that we’re proud to call Walmart suppliers. We work with these companies, along with NGOs and government leaders, to ensure that everything we sell is produced responsibly.