Business

Discover more on Business

    Sort By
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…
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…
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.
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…
After last year’s lockdowns, customers are putting their whole selves into making the holidays as magical as possible this season. That’s why Walmart is introducing the “Joy. Fully” campaign, to help customers lean into the things they missed last year and…
At Walmart, we have spent the past several years focused on building our home assortment to bring high-quality, stylish – and often exclusive – home goods and décor to customers at an incredible value. In June, we launched our latest exclusive home line with Gap Home,…
BENTONVILLE, Ark., Oct. 26, 2021 — Walmart continues to assist the Consumer Product Safety Commission (CPSC) and Centers for Disease Control and Prevention in their investigation and on Oct. 22 voluntarily recalled about 3,900 bottles of Better Homes & Gardens-branded- Essential Oil Infused Aromatherapy Room Spray with…
BENTONVILLE, Ark., and Atlanta, Ga., Oct. 26, 2021 — Walmart and InComm Payments, a leading payments technology company, today announced a more convenient and efficient way for millions of customers to pay their bills or fund prepaid accounts nationwide at more than 4,700 Walmart locations in the U.S. through VanillaDirect™. Bringing this service…
Walmart is delivering a few more reasons to be merry this holiday, making it easier than ever for customers to get what they need when they need it – from turkey and trimmings to Black Friday deals and top-rated toys to put under the tree – and even the tree itself. We’ll be 1) extending…
BENTONVILLE, Ark., Oct. 18, 2021 — After overwhelmingly positive customer feedback for Walmart’s reinvented Black Friday shopping experience last year, the retailer is announcing the…