Wal-Mart Stores Inc Company News


Yahoo Finance shook things up this year, not just naming a Company of the Year but also Surprise of the Year, Product of the Year, and Comeback of the Year. Walmart (WMT) was named Yahoo Finance's 2024 Comeback of the Year on the strength of its stock and earnings performance. Yahoo Finance Executive Editor Brian Sozzi spoke with CEO Doug McMillon about how the retailer's big investments have been paying off, while CFO John David Rainey explained that the company's recent success didn't happen by accident. Yahoo Finance's Surprise of the Year was General Motors (GM). CEO Mary Barra credits the automaker's diverse portfolio for its big success. Bank of America auto analyst John Murphy also weighed in to give his take on what could be next for the stock. Nvidia's (NVDA) AI-focused Blackwell platform was named Product of the Year. Comeback of the Year went to Robinhood (HOOD). Its stock has surged and it made big headway in diversifying its product offerings. CEO Vlad Tenev discusses what's next for the company while Mizuho senior analyst Dan Dolev argues Robinhood is a stock to own under the incoming Trump administration. Watch more Yahoo Finance Awards coverage here: Why Walmart is clobbering its rivals Walmart rolled back DEI efforts & others may too. Here's why. The 'exciting' part of Robinhood's growth is still ahead: Analyst

Popular weight-loss drugs like Wegovy and Zepbound are boosting the use of healthcare in the U.S., leading to an uptick in patients getting diagnosed and starting prescriptions for other conditions, according to a new analysis by health data firm Truveta.

It's hard to fathom a world without Walmart (NYSE: WMT). If you were lucky and astute enough to buy just one share during its early days as a public company, you'd have many more due to subsequent stock splits. Exactly how many shares would you own?

21 Dec, 2024 @ 08:06 by Yahoo! Finance

Walmart (NYSE: WMT) and Amazon (NASDAQ: AMZN) are the two largest U.S. companies by sales, in that order. You might think it's obvious that Amazon, with all of its artificial intelligence (AI), is the better buy today. Amazon is the largest e-commerce company in the country, and it's also the largest cloud computing company in the world.

21 Dec, 2024 @ 00:30 by Yahoo! Finance

The week of December 16th was a wild one for investors. Here's a quick recap of what you may have missed In a widely expected move, the Federal Reserve cut its benchmark interest rate by 25 basis points. What was not expected though, was that the central bank expects to cut rates only twice next year. That sent markets tumbling, with the Dow Jones Industrial Average (^DJI) shedding more than 1,000 points. Hear expert takes from: Piper Sandler chief investment strategist Michael Kantrowitz Wilmington Trust chief economist and former Philadelphia Fed economic adviser Luke Tilley Former Cleveland Federal Reserve president and CEO Loretta Mester Nvidia (NVDA) shares fell into correction territory, with the stock dropping more than 10% from its recent high. For context, the stock is still up 172% this year. Learn more about Nvidia from: Freedom Capital Markets chief global strategist Jay Woods Main Street Research chief investment officer James Demmert Yahoo Finance honored a number of companies this week. Walmart (WMT) was named Company of the Year. General Motors (GM) was the Surprise of the Year. Nvidia's Blackwell platform was dubbed Product of the Year. And Robinhood (HOOD) was selected as the Comeback of the Year. Walmart CEO explains how big investments are now paying off Why Walmart's success 'didn't happen by accident' For more expert insight and the latest market action, click here.

The Walton family, one of richest dynasties in the U.S., is now handing over more control of Walmart (WMT) to the next generation.

20 Dec, 2024 @ 14:15 by Yahoo! Finance

Costco Wholesale (NASDAQ: COST) shares didn't close above $1,000 by late 2024, but they flirted with that impressive figure. The surest path to higher returns for Costco shareholders in 2025 is if the company can continue to win market share. Walmart's booming e-commerce business is attracting more higher-income shoppers into its ecosystem, threatening Costco's dominant hold on that key demographic.

20 Dec, 2024 @ 12:35 by Yahoo! Finance

The retail giant said it will miss its goals to reduce operational emissions because of challenges with energy policy and infrastructure, as well as technology availability.

20 Dec, 2024 @ 10:36 by Yahoo! Finance

Selected store workers for the retailer are wearing body cameras as part of a new security pilot. But what the cameras are really watching remains unclear.

Walmart (WMT) has delivered an exceptional year that has transformed its market position. The retailer’s shares surged more than 80% in 2024, pushing its market value to $768 billion after adding $340 billion in market capitalization. The retail giant’s exceptional performance has been driven by its success in attracting wealthier shoppers and growth in advertising and marketing revenue, allowing it to emerge as one of the top performers on the S&P 500 Consumer Staples Index.

The U.S.-based retailer had pledged to reduce greenhouse gas emissions from its operations by 35% in 2025 and 65% in 2030, compared to levels in 2015. Neither of these targets appeared to be in reach and its progress was delayed, the company said in an update published on its website on Wednesday. Despite having a smaller carbon footprint per unit of sales compared to more polluting manufacturers and food processors, Walmart is facing some difficulties in reducing emissions due to the opening of more stores and shipment of goods.

The number of family members with voting power over the Waltons’ holdings of the stock goes to 11 from three.

The Walton family—one of the richest clans in America—is passing some of its control in Walmart to the next generation, giving all of the founder’s grandchildren voting rights over their inheritance. Eight grandchildren of founder Sam Walton will gain voting rights over the family’s holdings, bringing the total number of voting members to 11, Walmart disclosed on Thursday. The Waltons have long been Walmart’s largest shareholder and currently own around 46% of a global giant that started in 1962 as a single store in Arkansas.

Old Arcived News About Wal-Mart Stores Inc

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  • Megan McArdle on Wal-Mart’s Raises Are Not a Victory (Audio).
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  • Sainsbury's says worst may not be over for Britain's big four.
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  • Time for Wal-Mart to Cut the Cord on Asda Grocery Chain: Chart.
  • Top 5 Corporate Donors in Retail (WMT, GOOG).
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  • U.S. Stocks Pare Slide, Consumer Shares Trim Drop With Wal-Mart.
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  • Wal-Mart's China imports cost 400,000 U.S. jobs during 2001-2013 - report.
  • Wal-Mart's China imports cost 400,000 U.S. jobs during 2001-2013: report. [Reuters] - United States goods trade deficit with China increased almost fourfold to $324.2 billion in the 12 years till 2013, with Wal-Mart accounting for $48.1 billion of the total, the EPI said. "Wal-Mart has aided China's abuse of labor rights and its violations of fair trade (norms) by providing a conduit for the distribution of artificially cheap and subsidized Chinese exports to the United States," the EPI said.
  • Wal-Mart's China imports cost 400,000 US jobs during 2001-2013 - report. [Reuters] - Wal-Mart Stores Inc's import of goods from China led to the loss of over 400,000 jobs in the United States between 2001 and 2013, according to a report from a U.S.-based non-profit think tank. United States goods trade deficit with China increased almost fourfold to $324.2 billion in the 12 years till 2013, with Wal-Mart accounting for $48.1 billion of the total, the EPI said. "Wal-Mart has aided China's abuse of labor rights and its violations of internationally recognized norms of fair trade by providing a vast and ever-expanding conduit for the distribution of artificially cheap and subsidized Chinese exports to the United States," the EPI said.
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  • Whole Foods' 365 Stores May Let Company Challenge Trader Joe's.
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  • Why Wal-Mart Stores Inc's Latest Closures Matter Less Than You Think (WMT).
  • Why Walmart's $10/Hr Wage Is Selfish.
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Wal-Mart Stores Inc Short Company Overview:

Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company's discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart's markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally.