Walmart Financial News

17.08 / 19:17

Amazon DOW CVS Walmart 500 S&P 500 wobbles as U.S. yields bust a move higher on higher-for-longer rate fears

Investing.com — The S&P 500 slipped Thursday, pressured by a slide in Walmart and an ongoing surge in yields amid fears the Fed may have to lift rates again later this year.

17.08 / 17:19

COST Ball CVS Walmart Coherent Hawaiian Stocks making the biggest moves midday: Walmart, CVS Health, Wolfspeed and more

Check out the companies making headlines during midday trading Thursday.

17.08 / 17:13

UPS Reuters Walmart show Walmart Q2 results: Profit jumps 53% at $7.9 billion

Reuters citing Walmart chief financial officer (CFO) John David Rainey, shoppers are still “choiceful and discerning" and are focused on buying food and health and wellness products. Shoppers also responded strongly to seasonal events, such as the Memorial Day and July 4 holidays as well as the back-to-school season, indicating that the consumer is not compromising and showing a willingness to spend, Rainey told Reuters.

17.08 / 14:53

COST UPS Walmart performer Walmart raises forecasts, tops sales estimates as lower prices pull in shoppers

By Aishwarya Venugopal and Siddharth Cavale

17.08 / 14:45

Provident FIVE Manufacturing Walmart Recall reports Over 1.5 million dehumidifiers are under recall after fire reports. Here's what you need to know

More than 1.5 million dehumidifiers are under recall following reports of nearly two dozen fires, the U.S. Consumer Product Safety Commission said Wednesday

17.08 / 14:45

COST UPS CEO Walmart performer Mixers Walmart's hot sellers? Hand mixers and kitchen tools. In an era of high prices, basic is king

Walmart is reporting strong second-quarter sales results as the retailer’s low-price model continues to attract budget conscious consumers in a tough economic environment

17.08 / 13:37

Target Adobe CVS Walmart Cisco Hawaiian Stocks making the biggest premarket moves: Walmart, Adobe, Cisco, Hawaiian Electric and more

In this article

17.08 / 11:47

COST UPS Target Amazon Walmart electronic Walmart shines in Q2 and bumps up expectations for the year

Walmart reported strong second-quarter sales results as the retailer's low-price model continues to attract budget conscious consumers in a tough economic environment. The largest retailer in the US boosted its annual outlook again, sending shares up 2% before the opening bell Thursday. Walmart, based in Bentonville, Arkansas, earned $7.89 billion, or $2.92 per share, for the three-month period ended July 31.

17.08 / 11:35

UPS Walmart guidance Walmart lifts full-year earnings and sales guidance

Investing.com — Walmart (NYSE:WMT) has improved its annual adjusted earnings per share (EPS) and net sales guidance after the world's largest retailer posted better-than-anticipated second quarter profit.

17.08 / 10:15

COST UPS Target Fitch Walmart Fed minutes fallout, Walmart on deck - what's moving markets

Investing.com — Minutes from the Federal Reserve's latest policy meeting suggest that officials at the U.S. central bank were divided over their eventual decision to hike interest rates in July. Meanwhile, policymakers hinted that further increases in borrowing costs may be needed in the future to subdue inflationary pressures, sending stocks lower and Treasury yields higher. Elsewhere, Walmart is expected to lift its full-year forecast when the big-box retailer unveils its latest quarterly earnings Thursday.

17.08 / 03:35

CEO Walmart performer track star Sam International Walmart promotes CEO of Sam's Club to head International division as Judith McKenna retires

Walmart Inc on Wednesday promoted Kathryn McLay, CEO of its Sam's Club unit, to head its $100 billion international business at a time when high inflation is squeezing spending in many global markets and China's economy is slowing. McLay, a 49-year-old Australian considered a star within the U.S. company's ranks, will take over the division on Sept.

16.08 / 23:35

CEO Walmart performer track star Sam International Walmart promotes CEO of Sam's Club to head International division

By Siddharth Cavale and Ananya Mariam Rajesh

16.08 / 18:13

COST Strategy Aldi Southern Walmart Aldi to buy 400 Winn-Dixie, Harveys groceries in Southern US

Discount grocer Aldi said Wednesday it's acquiring 400 Winn-Dixie and Harveys supermarkets in the Southern U.S. Under a proposed merger agreement, Aldi will acquire all outstanding shares of Jacksonville, Florida-based Southeastern Grocers Inc., the pa...

16.08 / 18:13

Target Digital Walmart Celebrity Pride social electronic fall Target Q2 sales fall on muted spending, Pride month backlash, and it cuts profit outlook for 2023

Target reported its first quarterly sales drop in six years, dragged down by shoppers' inflation worries and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise

16.08 / 16:15

Target Digital Walmart Celebrity Pride social electronic fall Target Q2 Results: Sales fall on inflation, Pride month shopper backlash. It cuts profit outlook for 2023

Target reported a second-quarter sales drop, dragged down by shoppers' inflation worries and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise. The Minneapolis retailer expects high interest rates, which makes credit cards more expensive to use, and higher prices on food to continue to put a strain on customers and on Wednesday, the chain cut its profit outlook for the year. It also expects sales will decline for the remainder of the year.

15.08 / 17:57

Provident Target Walmart WMT show performer week Pivotal Week for U.S. Retail Kicks Off on Right Foot: Will Earnings Follow Suit?

The pivotal week for US retail is underway. As key industry leaders unveil their financial performance, coupled with today's pleasantly surprising retail sales figures, a sense of optimism pervades the market.

15.08 / 14:03

COST Target CEO Walmart Fastenal Home Depot rides on smaller remodeling projects to top sales, profit estimates

By Deborah Mary Sophia

14.08 / 20:45

Provident NASDAQ DOW NVIDIA Walmart Stock market today: Dow ends higher as Nvidia leads tech rally on dip-buying fever

Investing.com — The Dow closed higher Monday, as weakness in banks was offset by renewed demand for tech amid a surge in Nvidia (NASDAQ:NVDA) ahead of a slew of incoming economic data set to provide further insight on the consumer.

14.08 / 06:33

UPS Target Walmart TJX electronic week This Week in Business: TJX Cos., Walmart report earnings, July retail sales data

The Commerce Department issues its July retail sales report on Tuesday, TJX reports its second-quarter earnings before the bell on Wednesday, and Walmart releases its second-quarter financial results before markets open on Thursday

13.08 / 18:47

Target ETF DOW Walmart WMT week 1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

Wall Street's main indices ended mostly lower on Friday, after hotter-than-expected wholesale inflation data fueled expectations that the Federal Reserve will keep interest rates higher for longer.

13.08 / 15:55

Target Manufacturing Walmart Nordstrom Lowe’s show week Top 5 things to watch in markets in the week ahead

Investing.com — Wednesday’s minutes of the Federal Reserve’s July meeting will be closely watched as investors look for guidance on the near-term path of interest rates. Retail sales data and retail earnings will give insights into the health of consumer spending while data out of China is expected to underline concerns over the faltering recovery in the world’s number two economy. Here’s what you need to know to start your week.

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