93.34 +0.55 (0.59%)
Pre-market: 7:11AM EST
|Bid||93.00 x 1000|
|Ask||93.25 x 300|
|Day's range||91.31 - 93.39|
|52-week range||69.33 - 109.98|
|PE ratio (TTM)||24.63|
|Earnings date||17 May 2018|
|Forward dividend & yield||2.04 (2.02%)|
|1y target est||104.91|
He was hailed as Walmart Inc.’s online guru, the guy who would drag the lumbering giant into the digital-commerce era and put Amazon in its place.
Amid Walmart and Amazon's private label expansions, Target's latest trademark filings reveal possible additions to its slew of new store brands in 2018
Walmart will roll out a more upscale-looking online home shopping portal following disappointing online sales growth in the holiday fourth quarter.
After an e-commerce slowdown in the fourth quarter, Walmart says it will pull back investment in the Jet website.
Sprouts Farmers Market topped analysts' earnings expectations and forecast strong profits this year, when the natural foods grocer reported results early Thursday.
Target (TGT), Walmart (WMT), Nordstrom (JWN), and countless others retailers have been forced to revamp their business models on the fly to help fend off a wave of online sellers over the past few years. However, at least one retail industry--discount retail--actually seems to be better off these days.
Walmart's commitment to low prices makes it tough to make a profit on cheap items sold online, so the chain has begun encouraging some of its major online vendors to provide higher-priced items.
Marc Lore, president and CEO of Walmart’s (WMT) e-commerce business, dismissed exit rumors when he told CNBC that he is “absolutely not” leaving Walmart. Earlier, the New York Post reported that the founder of Jet.com could leave Walmart following the company’s waning digital sales growth rate. Speculation also gained steam after news surfaced that Liza Landsman, president of Jet.com, decided to leave and join a venture capital firm.
As Walmart falls prey to the Amazon Effect, discount teen retailer Five Below continues to thrive.
While e-commerce sales are growing, stores will always play an important role in a retailer's overall strategy, according to Target CEO Brian Cornell.
What impacted Walmart’s EPS? Walmart (WMT) reported weaker-than-expected fiscal 4Q18 earnings (period ended January 31, 2018). Walmart’s adjusted EPS (earnings per share) of $1.33 per share missed analysts’ estimate of $1.37 due to price investments, an adverse mix as a result of a growing share of e-commerce sales, and higher transportation costs.
Walmart (WMT) reported sales of $136.3 billion in fiscal 4Q18, which easily surpassed analysts’ expectations of $134.9 billion and increased 4.1% YoY (year-over-year). Strong sales in its US business segment drove the company’s top line in fiscal 4Q18. Walmart posted improved comparable store sales or comps across all its business segments.
In keeping with tradition, Amazon.com (AMZN) discussed exciting progress in its Prime membership program during its 4Q17 earnings call—without disclosing exactly how many people have signed up for the program. Data from Consumer Intelligence Research Partners, however, show that Amazon has more than 90 million Prime subscribers in the US, where the membership program costs $99 per year, or $12.99 per month. Prime memberships continued to grow in 4Q17 as well as in calendar 2017, and the recent integration with Whole Foods could help draw more people to the program in the US.
Business leaders have a responsibility to take a stand on social issues such as curbing gun violence, says Yale management guru.