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Walmart Releases Q2 FY19 Earnings Results

Total revenue was $128.0 billion, an increase of $4.7 billion, or 3.8%. Excluding currency2, total revenue was $127.8 billion, an increase of $4.4 billion, or 3.6%.Walmart U.S. comp sales1 increased…
August 16, 2018
Business

Walmart U.S. Q2 comps(1) grew 4.5% and Walmart U.S. eCommerce sales grew 40%, Q2 GAAP net loss per share of $0.29; Adjusted EPS(2) of $1.29

Total revenue was $128.0 billion, an increase of $4.7 billion, or 3.8%. Excluding currency2, total revenue was $127.8 billion, an increase of $4.4 billion, or 3.6%.Walmart U.S. comp sales1 increased…
August 16, 2018
Business

Walmart and Ellen DeGeneres Partner on New, Exclusive Fashion Line

By Denise Incandela, Head of Fashion, Walmart eCommerce U.S.Great design, positivity and inclusion. That’s the inspiration behind our new fashion brand with comedian, TV personality and style-icon,…
August 15, 2018

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Innovation

Associates and Alphabot Team Up to Make Walmart’s Popular Grocery Pickup Service Even Better

Over the past two years, we’ve piloted and implemented dozens of new technologies in stores across the country as we continue our quest to save precious time for our customers and associates. Today,…
August 3, 2018
Business

Advent Closes Investment in 80 Percent Stake in Walmart Brazil

BOSTON and BENTONVILLE, Ark. – Aug. 1, 2018 – Walmart Inc. (NYSE:WMT) and Advent International announced the closing of Advent’s previously announced investment in an 80 percent equity stake in…
August 1, 2018

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Community

Walmart and the Walmart Foundation Announce a Commitment of $200,000 for California Wildfire Relief

BENTONVILLE, Ark. – July 31, 2018 – Walmart and the Walmart Foundation have made a commitment to provide support through cash and product donations of $200,000 to organizations in response to the…
July 31, 2018
Community

Walmart Increases Access to Legal Education with New Partnership

Bentonville, Ark., and Largo, Md., July 31, 2018 – Walmart Inc. and the Council on Legal Education Opportunity, Inc. (CLEO), in recognition of CLEO’s historic 50th Anniversary celebration, announced…
July 31, 2018
Business

Walmart and Capital One Sign Credit Card Program Agreement

BENTONVILLE, Ark. and MCLEAN, Va. – July 26, 2018 – Walmart and Capital One today announced that the companies have entered into a new, long-term credit card program agreement. Under the terms of the…
July 26, 2018
Business

New Nursery Destination on Walmart.com Launches as Part of Broader Commitment to Baby Online

Today we’re introducing a new shopping destination in the baby department focused on one of the most important purchases for a new family addition – items for the nursery. Specifically, we are…
July 26, 2018
Community

Walmart Supports Future Leaders Through $2 Million in Funding to the Congressional Black Caucus Foundation and the Congressional Hispanic Caucus Institute

BENTONVILLE, Ark. – July 24, 2018 – Today, Walmart announced $2 million in grants to organizations working to expand internship opportunities for diverse youth populations, the Congressional Black…
July 24, 2018

Walmart establishes strategic partnership with Microsoft to further accelerate digital innovation in retail

BENTONVILLE, Ark. and REDMOND, Wa. – July 17, 2018 – Today, Walmart Inc. (NYSE: WMT) announced it is establishing a strategic partnership with Microsoft Corp. (Nasdaq "MSFT" @microsoft) to further…
July 17, 2018

Did you know?

Walmart employs 2.3 million associates around the world -- 1.5 million in the U.S. alone. About 75% of our store management teams started as hourly associates, and they earn between $50,000 and $170,000 a year — similar to what firefighters, accountants, and even doctors make. Last year, Walmart promoted about 200,000 people to jobs with more responsibility and higher pay.
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Business

Walmart Helps Customers Ace Back-to-School and Back-to-College with More Tools to Make Shopping Faster and Easier

BENTONVILLE, Ark. – July 11, 2018 – According to Walmart customers, nearly one-third of parents want to avoid the stress of last-minute back-to-school shopping and almost half want to cash in on the…
July 11, 2018
Business

Walmart Increases Support of Diverse Suppliers with Launch of Dedicated Online Showcase

Bentonville, Ark., July 5, 2018 – Today Walmart announced it is launching a Supplier Inclusion Showcase on Walmart.com to spotlight products from Walmart’s ever-growing diverse suppliers’ community…
July 5, 2018