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Ahmed Nabizada remembers standing in the candle section on one of his days as a Walmart department manager. As he looked at the rows of candles of all shapes and sizes, he worried. Originally from Kabul, Afghanistan, he had just moved to the United States from…
BENTONVILLE, Ark., Nov. 29, 2021 – Walmart Inc. announced that Executive Vice President and Chief Financial Officer Brett Biggs will begin transitioning from Walmart during this upcoming year, after 22 years with the company, to begin a new chapter of opportunities in both the for-profit and non-profit sectors. Biggs will remain in the CFO role…
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BENTONVILLE, Ark., Nov. 24, 2021 — Walmart Inc. (NYSE: WMT) announced today Brett Biggs, executive vice president and chief financial officer, will participate in the Stephens Investment Conference Wednesday, Dec. 1, at 1 p.m. EST, and the Morgan Stanley Virtual Global Consumer & Retail Conference Thursday, Dec. 2, at 11 a.m. EST. Both sessions…
We will appeal this flawed verdict, which is a reflection of a trial that was engineered to favor the plaintiffs’ attorneys and was riddled with remarkable legal and factual mistakes. Among the many problems during this trial, the judge allowed it to continue after a juror violated court rules by conducting her own research and…
Over the last year, we have been leading the way in social commerce by creating first-to-market experiences for our customers, doubling-down on shoppable content and accelerating our efforts around shoppable livestreams. Since our very first shoppable livestream last…
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Approximately 14% of Walmart shoppers have diabetes, and we know insulin affordability is a major concern. We know that the financial burden of the disease can impact how people manage their diabetes, and that’s why Walmart is committed to…
As we approach our second holiday season since the pandemic began, concern over rising costs and short supply has stirred up a conversation centered on uncertainty about the Thanksgiving meal. But amidst it all, here’s what we’re certain of: Walmart is ready. We…
Walmart U.S. Q3 comp sales1 grew 9.2%; 15.6% two-year stack; Comp transactions up 5.7%. Q3 FY22 GAAP EPS of $1.11; Adjusted EPS2,3 of $1.45. Company expects Walmart U.S. Q4 comp sales of around 5%; Raises EPS guidance for third consecutive quarter. Walmart U.S. inventory up 11.5% ahead of holidays.
Walmart’s commitment to our Veterans is nothing new. In fact, it began a long time ago, with our very first veteran: Sam Walton. He served in the U.S. Army Intelligence Corps and brought with him the values that define us to this day. It’s that same set of values that make us so grateful for our nation’s veterans, and as we reflect...
BENTONVILLE, Ark., Nov. 9, 2021 — Walmart Inc. (NYSE: WMT) today announced it will hold a live conference call with the Investment Community at 7 a.m. CST on Tuesday, Nov. 16, 2021, to discuss the company’s third quarter earnings results for fiscal year 2022. Doug McMillon, president and chief executive officer, and Brett Biggs, executive vice…
Around the world, over 2.2 million people work for Walmart. In the U.S., where about 90% of the population lives within 10 miles of a Walmart store or Sam’s Club, we’re a source for advancement, providing a variety of opportunities for people of every background. Case in point: 75% of our store management teams started as hourly associates, and last year, we promoted more than 215,000 people to jobs with greater responsibility and higher pay.
The U.S. Food and Drug Administration (FDA) and Centers for Disease Control and Prevention (CDC) have authorized the Pfizer vaccine for children aged 5 to 11. This is a positive step forward in our ongoing efforts to serve and protect our…
BENTONVILLE, Ark., Nov. 1, 2021 — Elton John Eyewear, a new line of stylish, accessible eyewear, is launching at Sam’s Club today and at Walmart later this week. Elton John collaborated closely with the retailers on the development of the brand, with each pair inspired by his iconic style and famed music career. Each frame was given a name by Elton…
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