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  • October 22, 2020
    Walmart Sues DOJ and DEA Seeking Clarity for Pharmacists in Dispensing Prescription Opioids
    BENTONVILLE, Ark., Oct. 22, 2020 — Walmart has sued the U.S. Department of Justice (DOJ) and the Drug Enforcement Administration (DEA), asking a federal court to clarify the roles and responsibilities of pharmacists and pharmacies under the Controlled Substances Act (CSA). Walmart Inc. v. DOJ, et al. is pending before the U.S. District Court for…
    Business
    6 Min Read
  • September 19, 2020
    Walmart Statement About Potential Investment in and Commercial Agreements with TikTok Global
    We are excited about our potential investment in and commercial agreements with TikTok Global. While there is still work to do on final agreements, we have tentatively agreed to purchase 7.5% of TikTok Global as well as enter into commercial agreements to provide our ecommerce, fulfillment, payments and other omnichannel services to…
    Business
    7 Min Read
  • September 13, 2020
    Statement of Walmart Inc. on Potential TikTok Investment in the United States
    Walmart continues to have an interest in a TikTok investment and continues discussions with ByteDance leadership and other interested parties. We know that any approved deal must satisfy all regulatory and national security concerns.
    Business
    1 Min Read
  • September 10, 2020
    Walmart to Participate in the KeyBanc Capital Markets' Future of Technology Series
    BENTONVILLE, Ark., Sept. 10, 2020 — Walmart Inc. (NYSE: WMT) will participate in the KeyBanc Capital Markets’ Future of Technology Series to be held virtually on Tuesday, Sept. 15, 2020. A discussion with John Furner, Walmart U.S. president and chief executive officer, will be webcast live through the “Events” link at www.stock.walmart.com. The…
    Business
    4 Min Read
  • September 2, 2020
    Walmart to Participate in Barclays Global Consumer Staples Conference and Goldman Sachs Global Retailing Conference
    BENTONVILLE, Ark., Sept. 2, 2020 — Walmart Inc. (NYSE: WMT) announced today that Brett Biggs, executive vice president and chief financial officer of Walmart Inc., will participate in a discussion at the Barclays 2020 Global Consumer Staples Conference on Tuesday, Sept. 8 at 12:40 p.m. EDT. He will also participate in a discussion at the Goldman…
    Business
    4 Min Read
  • August 27, 2020
    Walmart Statement Regarding Discussions with Microsoft About TikTok
    Walmart Inc. issued a public statement regarding discussions with Microsoft involving ByteDance Ltd.’s TikTok service in the United States: The way TikTok has integrated e-commerce and advertising capabilities in other markets is a clear benefit to creators and users in those markets. We believe a potential relationship with TikTok…
    Business
    1 Min Read
  • August 19, 2020
    Walmart to Participate in Cowen's 2020 Broadline & Grocery Executive Summit
    BENTONVILLE, Ark., Aug. 19, 2020 — Walmart Inc. (NYSE: WMT) will participate in Cowen's 2020 Broadline & Grocery Executive Summit to be held virtually on Tuesday, Aug. 25, 2020. A discussion with Tom Ward, Walmart U.S. senior vice president of customer product, will be webcast live through the “Events” link at www.stock.walmart.com. The…
    Business
    4 Min Read
  • An associate wears a mask while loading a pickup order
    August 18, 2020
    Walmart Releases Q2 FY21 Earnings
    Walmart U.S. Q2 comp sales1 grew 9.3% and Walmart U.S. eCommerce sales grew 97%, Q2 FY21 GAAP EPS of $2.27; Adjusted EPS2 of $1.56, Company incurs incremental costs related to COVID-19 of $1.5 billion
    Business
    4 Min Read
  • August 10, 2020
    Walmart to Host Second Quarter Earnings Conference Call on Aug. 18, 2020
    BENTONVILLE, Ark., Aug. 10, 2020 — Walmart Inc. (NYSE: WMT) today announced it will hold a live conference call with the Investment Community at 7 a.m. CDT on Tuesday, Aug. 18, 2020, to discuss the company’s second quarter earnings results for fiscal year 2021. Doug McMillon, president and chief executive officer, and Brett Biggs, executive vice…
    Business
    5 Min Read
  • Flipkart Wholesale
    July 23, 2020
    Walmart’s Majority-Owned Flipkart Launches Wholesale Business to Help Small Businesses in India Source Directly From Manufacturers and Producers
    BENTONVILLE, Ark., BANGALORE, India - July 23, 2020 — The Flipkart Group, India’s homegrown e-commerce group, today announced the launch of Flipkart Wholesale, a new digital marketplace that will help transform India’s retail ecosystem by leveraging cutting-edge and locally developed extensive leadership in the consumer e-commerce segment and…
    Business
    12 Min Read
  • June 3, 2020
    Walmart Announces 2020 Formal Business and Annual Shareholders’ Meeting Voting Results
    BENTONVILLE, Ark., June 3, 2020 — Walmart Inc. (NYSE: WMT) today announced shareholder voting results for its Formal Business and Annual Shareholders’ Meeting, which was conducted by a virtual meeting due to the public health impact from the coronavirus outbreak (COVID-19). Approximately 91.7 percent of all outstanding shares were represented at…
    Business
    7 Min Read
  • May 21, 2020
    Walmart to Participate in Bernstein’s 36th Annual Strategic Decisions Conference
    BENTONVILLE, Ark., May 21, 2020 — Walmart Inc. (NYSE: WMT) will participate in Bernstein's 36th Annual Strategic Decisions Conference to be held virtually on Wednesday, May 27, 2020. A discussion with Brett Biggs, Walmart executive vice president and chief financial officer, will be webcast live through the “Events” link at www.stock.walmart.com.…
    Business
    5 Min Read
  • Associate with Mask Pulling Grocery Pickup Order
    May 19, 2020
    Walmart Releases Q1 FY21 Earnings
    Walmart U.S. Q1 comp sales1 grew 10.0% and Walmart U.S. eCommerce sales grew 74%, Q1 FY21 GAAP EPS of $1.40; Adjusted EPS2 of $1.18, Company incurs incremental costs related to COVID-19 of nearly $900 million, Provides update on the business amid global health pandemic
    Business
    4 Min Read
  • May 11, 2020
    Walmart to Host First Quarter Earnings Conference Call on May 19, 2020
    BENTONVILLE, Ark., May 11, 2020 — Walmart Inc. (NYSE: WMT) today announced it will hold a live conference call with the Investment Community at 7 a.m. CDT on Tuesday, May 19, 2020, to discuss the company’s first quarter earnings results for fiscal year 2021. Doug McMillon, president and chief executive officer, and Brett Biggs, executive vice…
    Business
    5 Min Read
  • An associate wears a mask while selecting online grocery orders
    April 23, 2020
    Walmart Releases 2020 Annual Report and Proxy Statement
    BENTONVILLE, Ark., April 23, 2020 — Walmart Inc. (NYSE: WMT) today issued its 2020 Annual Report and filed its Proxy Statement in preparation for the company’s upcoming virtual Annual Shareholders’ Meeting on Wednesday, June 3, 2020. Shareholders will be able to attend the meeting online. There will be no physical location for the meeting and the…
    Business
    10 Min Read
  • April 3, 2020
    Walmart Announces 2020 Annual Shareholders’ Meeting Date
    BENTONVILLE, Ark., April 3, 2020 — Walmart Inc. (NYSE: WMT) today announced that, as a result of the public health impact from the coronavirus outbreak (COVID-19), its Annual Shareholders’ Meeting set for Wednesday, June 3, 2020, will be conducted by a virtual meeting only. While shareholders will be able to attend the meeting online, there will…
    Business
    6 Min Read
  • March 6, 2020
    Walton Enterprises, LLC Statement
    Consistent with the Walton family’s effort to maintain an appropriate balance of family and non-family ownership of Walmart by offsetting possible increases in its ownership percentage over time and helping fund charitable contributions, Walton Enterprises, LLC has transferred approximately 14 percent of Walmart’s outstanding shares…
    1 Min Read
  • February 26, 2020
    Walmart to Present at Both the Raymond James Institutional Investors Conference and the UBS Global Consumer and Retail Conference
    BENTONVILLE, Ark., Feb. 26, 2020 — Walmart Inc. (NYSE: WMT) announced today that Brett Biggs, executive vice president and chief financial officer, will participate at the Raymond James 41st Annual Institutional Investors Conference Wednesday, March 4 at 10:25 a.m. EST and the UBS Global Consumer and Retail Conference Thursday, March 5 at 9:45…
    Business
    4 Min Read
  • February 18, 2020
    Walmart Raises Annual Dividend to $2.16 per Share, Marking 47th Consecutive Year of Dividend Increases
    BENTONVILLE, Ark. — The Board of Directors of Walmart Inc. (NYSE: WMT) approved an annual cash dividend for fiscal year 2021 of $2.16 per share, an increase of approximately 2 percent from the $2.12 per share paid for the last fiscal year. The fiscal year 2021 annual dividend of $2.16 per share will be paid in four quarterly…
    Business
    4 Min Read
  • Associate Raquel loading carts for Grocery Pickup orders
    February 18, 2020
    Walmart Releases Q4 and FY20 Full-year Earnings
    Walmart U.S. Q4 comp sales1 grew 1.9% and Walmart U.S. eCommerce sales grew 35%, Q4 FY20 GAAP EPS of $1.45; Adjusted EPS2 of $1.38, Disruption in Chile and a legal matter lowered GAAP and Adjusted EPS by about $0.05, Fiscal year 2020 GAAP EPS of $5.19; Adjusted EPS2 of $4.93, FY21 guidance includes net sales growth of about 3%; U.S. comp sales…
    Business
    4 Min Read
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