June 5, 2024
“After Walmart (NYSE: WMT) and Chipotle Mexican Grill (NYSE: CMG), two of the higher-profile consumer goods stocks on the market, both announced stock splits earlier this year, Nvidia (NASDAQ: NVDA) became the latest closely watched stock to announce a split, telling investors during its earnings report on May 22 that… Continue Reading…
May 20, 2024
“…Sales rose 3.8% at US Walmart stores open at least a year for the quarter ended April 26, higher than what Wall Street was anticipating… …“We are seeing customers trade into Walmart,” Chief Financial Officer John David Rainey said in… Continue Reading…
February 22, 2024
“Walmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its high-profit ad business. Walmart will acquire Vizio for $2.3 billion, or $11.50 per share, in cash. The big-box retailer announced the acquisition as it reported… Continue Reading…
February 2, 2024
“Walmart has been busy. Walmart declared a 3-for-1 split Tuesday night. Then Wednesday morning, the company said it was planning to build or convert more than 150 stores within the next five years—on top of remodeling 650 stores over the… Continue Reading…
November 22, 2023
“…Symbotic, which creates robotic tech platforms powered by artificial intelligence (AI) to provide end-to-end supply chain solutions, reported fiscal fourth quarter revenue of $392 million, up from $244 million a year ago, and a net loss of $45 million compared to a loss of… Continue Reading…
August 17, 2023
“…In the retail giant’s second quarter earnings release, out before the market open on Thursday, Walmart posted same-store sales that rose 6.30%, more than the 4.04% expected, according to data from Bloomberg. Foot traffic increased for Walmart, up 2.8%, along with… Continue Reading…
April 10, 2023
“Walmart announced Thursday it plans to add electric vehicle charging stations to thousands of U.S. stores by 2030. The company announced it would expand its EV fast-charging network to Walmart and Sam’s Club locations across the country, adding to the… Continue Reading…
November 16, 2020
“Walmart’s Stock Gains 28% in 2020… Walmart has been one of 2020’s biggest non-tech winners. While many local competitors were forced to close during the spring lockdowns, Walmart’s megastores were allowed to remain open because they sell groceries and often… Continue Reading…
August 21, 2020
“Tesla Inc.’s market value has surpassed retail behemoth Walmart Inc. after an astounding surge in the electric vehicle maker’s shares over the past five months. The stock, which touched a low of about $350 in March, has almost quintupled since… Continue Reading…
August 18, 2020
“Walmart sales got a big boost last quarter as shoppers spent their government stimulus checks on home goods, electronics and lawn care products, the company said Tuesday. Walmart’s sales at US stores open for at least one year increased 9.3%… Continue Reading…
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