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The Latest Breaking News from WMT

What Are Whales Doing With Walmart

A whale with a lot of money to spend has taken a noticeably bearish stance on Walmart. Looking at options history for Walmart (NYSE:WMT) we detected 24 strange trades.

Walmart Gears Up Hiring Activities

Walmart Gears Up Hiring Activities

Walmart Inc (NYSE:WMT) plans to hire around 50,000 U.S. associates by Q1 in its stores, clubs, campuses, and supply chain facilities. The retail giant hired 5,500 pharmacists/pharmacy managers in 2021 and more than 13,000 pharmacy technicians. It hired nearly 4,500 truck drivers last year. Also Read: Walmart Plans To Hire 5,000+ Tech Workers This…

Walmart Plans To Hire 5,000+ Tech Workers This Year, Picks New Locations

Walmart Plans To Hire 5,000+ Tech Workers This Year, Picks New Locations

Walmart Inc (NYSE:WMT) plans to establish new tech hubs in Toronto, Ontario, and Atlanta, Georgia. The expansion is part of Walmart Global Tech's plan to hire more than 5,000 associates globally in 2022. Walmart Global Tech grew by 26% to 20,000 associates in the last fiscal year. The initial hiring phase is expected…

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Splash Beverage Expands TapouT Distribution Into Southern California

Splash Beverage Group Inc (NYSE:SBEV) revealed expansion of its existing agreement with AB ONE, the wholly-owned distribution network of Anheuser-Busch InBev (NYSE:BUD), to include AB ONE SoCal (Southern California). Southern California is AB ONE's largest single market in the U.S. and covers an area with a population of more than 20 million through national…

Morgan Stanley Gains Conviction On Affirm Post Its TMT Conference

Affirm Holdings Inc (NASDAQ:AFRM) CEO Max Levchin, and CFO Michael Linford joined the firm's TMT Conference, Morgan Stanley analyst James Faucette noted. Affirm's partnerships with Amazon.com Inc (NASDAQ:AMZN), Walmart Inc (NYSE:WMT), and Shopify Inc (NYSE:SHOP) supported his view that these partnerships can bring meaningful upside to GMV and revenue. Faucette also gained conviction on Affirm's long-term demographic opportunity within financial…

Walmart Adds New Distribution Center In Texas

Walmart Inc (NYSE:WMT) plans to expand its Baytown, Texas supply chain campus with a new one million-plus square-foot distribution center. The new facility, located at 4633 Borusan Road, is the retailer's fourth in Baytown and is set to open in the Fall of 2022. The expansion is expected to create an additional…

Twitter Looks To Solidify E-Commerce Push With Latest Tool

Twitter Inc's (NYSE:TWTR) Twitter Shops tool will help businesses promote up to 50 products in a digital catalog attached to their profile, Bloomberg reports. The beta test for Twitter Shops will be available for select businesses in the U.S. and visible to people using the Twitter iPhone app, Reuters reports. In recent months,…

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Here's How Amazon Looks To Cope Up With Booming Demand For Delivery

Here's How Amazon Looks To Cope Up With Booming Demand For Delivery

In late February, Amazon.com Inc (NASDAQ:AMZN) informed its U.S. gig workers who fetch delivery items would become its Whole Foods division's employees with more extended shifts, CNBC reports. Whole Foods' recent job post disclosed that the schedules would be made three weeks in advance and cover two-week periods. The job post contradicted Amazon…

Walmart Plans To Build New Fulfillment Center In Pennsylvania

Walmart Plans To Build New Fulfillment Center In Pennsylvania

Walmart Inc (NYSE:WMT) plans to build a new fulfillment center in southern Pennsylvania to support its supply chain network and eCommerce capabilities. The 1.8 million-square-foot Shippensburg facility, slated to open in 2022 spring, will create up to 600 permanent, full-time jobs in the region. The fulfillment centers are focused on storing millions of…

Amazon Confidentially Scooped Veeqo In November

Amazon Confidentially Scooped Veeqo In November

Amazon.com Inc (NASDAQ:AMZN) had confidentially acquired Veeqo in November. The financial terms of the transaction remain undisclosed. Octopus Ventures, an investor in Veeqo, confirmed the deal. Veeqo makes tools to help online businesses sell products on and off Amazon. Amazon, which likely accounts for ~40% of the nation’s e-commerce sales, has long been pursuing…

Bulls Just Took The Upper Hand In Walmart Stock: Here's Why

Bulls Just Took The Upper Hand In Walmart Stock: Here's Why

Walmart Inc. (NYSE: WMT) shares are trading higher Thursday after the company introduced a low price fee on money transfers for its customers to Mexico.

If You Invested $100 In This Stock 5 Years Ago, Here's How Much You Would Have Today

If You Invested $100 In This Stock 5 Years Ago, Here's How Much You Would Have Today

Walmart (NYSE:WMT) has outperformed the market over the past 5 years by 2.03% on an annualized basis.

3 Big Box Retailers with High-Quality Ratings to Buy in 2022

3 Big Box Retailers with High-Quality Ratings to Buy in 2022

The retail industry has been accelerating of late, driven by a surge in demand, increased consumer spending, and accelerated digital transformation despite worries about geopolitical strife between Russia and Ukraine and the Fed’s hawkish tilt. Thus, we think it may be profitable to invest in fundamentally sound retail companies Walmart…

Walmart Relaunches Walmart2Walmart Mexico Money Transfer Program

Walmart Relaunches Walmart2Walmart Mexico Money Transfer Program

Walmart Inc (NYSE:WMT) has introduced a low price fee on money transfers for its customers to Mexico. Customers can now send money from any Walmart store in the U.S. to any Walmart store in Mexico for as little as $2.50 per transaction through the Walmart2Walmart money transfer program, powered by Ria Money Transfer.…

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Walmart Launches Virtual Fitting Room Technology: What Investors Need To Know

It appears one of the world's top retailers, Walmart Inc (NYSE: WMT), is making moves to improve its e-commerce business after the company on Wednesday introduced a new and innovative shopping experience that makes it easier for customers to shop for clothes onl

5 Defensive Stocks to Own for Consistent Dividends and Stable Earnings

Concerns over the Russia-Ukraine war and high inflation have significantly affected the global equity markets lately. As the stock market is expected to remain highly volatile in the coming weeks, it could be wise to bet on defensive stocks Walmart (WMT), Novartis (NVS), Merck & Co. (MRK), GlaxoSmithKline (GSK), and…

3 Mega-Cap Stocks That Handily Beat Earnings Estimates Last Week

The S&P 500 entered correction territory yesterday as the geopolitical conflict between the U.S. and Russia over Ukraine escalated. However, the number of S&P 500 companies topping earnings estimates exceeds the five-year average. Indeed, mega-cap companies NVIDIA (NVDA), Walmart (WMT), and Cisco (CSCO) reported quarterly earnings last week that handily…

Walmart Whale Trades For February 22

Someone with a lot of money to spend has taken a bearish stance on Walmart (NYSE:WMT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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Why Walmart Shares Are Trading Higher Today

Walmart Inc (NYSE: WMT) is trading higher Thursday after the company reported better-than-expected fiscal fourth-quarter financial results, issued guidance and updated its buyback plans.

Walmart Shares Pop On Q4 Earnings Beat; Hikes Dividend

Walmart Inc (NYSE:WMT) reported fourth-quarter FY22 sales growth of 0.5% year-on-year, to $152.87 billion, beating the consensus of $151.54 billion. Walmart U.S. sales increased 5.7% Y/Y, Walmart international sales fell 22.6%, and sam’s club gained 16.5%. Walmart U.S. comp sales (ex. fuel) grew 5.6%. Adjusted EPS of $1.53 beat the analyst consensus of…

Recap: Walmart Q4 Earnings

Walmart (NYSE:WMT) reported its Q4 earnings results on Thursday, February 17, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

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Many UK exporters say Brexit trade deal hurts business; price rises loom; US jobless claims rise – as it happened

Rolling coverage of the latest economic and financial news

Walmart's Earnings Outlook

Walmart (NYSE:WMT) is set to give its latest quarterly earnings report on Thursday, 2022-02-17. Here's what investors need to know before the announcement. Analysts estimate that Walmart will report an earnings per share (EPS) of $1.50.

Cleartrip Picks Yatra As Supplier Of Choice For Domestic Hotels

Yatra Online Inc (NASDAQ:YTRA) is partnering with Cleartrip, owned by the Flipkart Group, part of Walmart Inc (NYSE:WMT). Under the agreement, Cleartrip customers will have access to Yatra.com's Indian inventory of 94,000 hotels and homestays. The partnership is expected to expand and increase opportunities for the hotel partners while enabling both domestic and international travelers…

3 Discount Store Stocks to Add to Your Dividend Portfolio

Amid increasing inflation, supply chain issues, and a decline in consumer spending, it may be profitable to invest in discount store stocks with high dividend yields. So, here are the three dividend-paying store companies—Walmart (WMT), Costco (COST), and Target (TGT)—that we think are safe bets now. Read on.

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