WMT - Walmart Inc.

NYSE - Nasdaq Real-time price. Currency in USD
110.02
+0.40 (+0.36%)
As of 9:38AM EDT. Market open.
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Previous close109.62
Open109.80
Bid109.84 x 800
Ask109.96 x 800
Day's range109.71 - 110.27
52-week range82.90 - 110.27
Volume392,280
Avg. volume6,177,032
Market cap314.076B
Beta (3Y monthly)0.62
PE ratio (TTM)38.50
EPS (TTM)2.86
Earnings date15 Aug 2019
Forward dividend & yield2.12 (1.93%)
Ex-dividend date2019-08-08
1y target est110.54
Trade prices are not sourced from all markets
  • Lobbying on trade issues could set new record as companies sound off on tariffs, USMCA
    MarketWatch46 minutes ago

    Lobbying on trade issues could set new record as companies sound off on tariffs, USMCA

    As the Trump administration puts tariffs on a range of imported goods and pushes a replacement deal for Nafta, lobbying on trade-related issues could set a new record this year.

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  • From T-shirts to ice cream, Kroger pushes house brands in grocery wars
    Reuters2 hours ago

    From T-shirts to ice cream, Kroger pushes house brands in grocery wars

    BERLIN/CHICAGO (Reuters) - Multicoloured, sparkly ice cream is an unlikely battleground in U.S. grocery stores. By churning out trendy new house-brand items, Kroger hopes to tap into broad sales growth for private labels. The push comes as grocers compete fiercely on price and race to expand online ordering and delivery, an area where the biggest U.S. grocery chain has lagged.

  • Reuters - UK Focus3 hours ago

    FOCUS-From T-shirts to ice cream, Kroger pushes house brands in grocery wars

    BERLIN/CHICAGO, June 20 (Reuters) - Multicolored, sparkly ice cream is an unlikely battleground in U.S. grocery stores. By churning out trendy new house-brand items, Kroger hopes to tap into broad sales growth for private labels. The push comes as grocers compete fiercely on price and race to expand online ordering and delivery, an area where the biggest U.S. grocery chain has lagged.

  • Walmart to test self-driving delivery from warehouse to warehouse
    CNBC18 hours ago

    Walmart to test self-driving delivery from warehouse to warehouse

    Robot-driven vans will be Walmart's next push to lower shipping costs as their online shopping rapidly expands, according to a Bloomberg report.

  • Trump Launches 2020 Campaign with ‘Keep America Great’ Slogan
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  • Walmart’s Kickstarting a $1 Trillion Driverless Delivery Market
    Bloombergyesterday

    Walmart’s Kickstarting a $1 Trillion Driverless Delivery Market

    (Bloomberg) -- Walmart Inc. came to dominate retailing through its mastery of logistics—the complicated choreography of getting goods from farm or factory to the consumer. But even the world’s biggest store doesn’t make money selling its wares online in the U.S., largely due to runaway shipping costs. So Walmart is turning to robots.On a drizzly morning earlier this month, Walmart’s U.S. chief Greg Foran led reporters to a curbside package pickup kiosk outside its supercenter in Rogers, Arkansas. Idling there were three Ford delivery vans outfitted with self-driving technology developed by a Gatik, a Silicon Valley startup charged with a trial run aimed at cutting Walmart’s middle-mile shipping costs in half. Going driverless in pursuit of profit is a “no-brainer,” Foran said.As the buzz about human-carting robo-taxis starts to short-circuit, an unheralded segment of the driverless future is taking shape and showing promise: goods-moving robo-vans. Rather than serving up hot pizza pies or deploying headless robots to carry groceries to the doorstep, robo-vans travel on fixed routes from warehouse to warehouse or to a smaller pickup point, transporting packages to get them closer, but not all the way, to consumers.This may be the least glamorous part of the driverless delivery business, but the market for these monotonous “middle miles” could reach $1 trillion and may provide the fastest path to prosperity, analysts say.“This area has the least number of obstacles and the most certain return on invested capital in the near term,” said Mike Ramsey, an analyst with consultant Gartner Inc. “If you’re looking to start a business where you can actually generate revenue, this has fewer barriers than the taxi market.”Driving the demand is the boom in online shopping that has helped cause a severe shortage of truck drivers that tops 60,000 unfilled long-haul positions, according the American Trucking Associations. That has sent costs soaring for a job that is among the most dangerous due to the risk of wrecks and long periods spent on the road.Related: `Smokey and the Bandit' Charm Fades as Trucking Hiring Lags“This middle mile is the most expensive part of the whole supply chain; it’s a huge pain point,” said Gautam Narang, CEO of Gatik, which is attempting to automate Walmart’s “hub and spoke” warehouse system. “This fills a big gap in the market.”From a technological standpoint, business-to-business, or B2B, delivery is the straightforward counterpoint to the complexities of autonomous ride-hailing and driverless delivery directly to consumers, known as B2C or last-mile. Robo-vans like those being put to the test at Walmart follow fixed routes over and over, reducing the chance of mishaps and increasing their time in service generating revenue. Many of these routes are already established using human drivers today, so there’s little need to map new paths and create infrastructure to load and receive the goods.Related: Robot Rides Are Going to Deliver Pizza and Parcels Before PeopleFord Motor Co., testing many forms of driverless delivery, calls these repeatable routes “milk runs,” a throwback term to the days of household dairy delivery.“Anything on driverless delivery that is a milk run is a good application for autonomy,” said Sherif Marakby, chief executive officer of Ford’s autonomous vehicles unit. “B2C is a complex implementation for autonomy that will come with time, but B2B just makes it easier because you get volume and you can be more predictable.”The case for robots ferrying packages before people is becoming more compelling as robo-taxis struggle to gain traction. Consumers have grown wary of giving up the wheel, especially after a pedestrian was killed last year by an autonomous Uber Technologies Inc. test car. Waymo, Alphabet Inc.’s driverless unit, initiated limited automated ride-hailing in suburban Phoenix late last year with human “safety drivers” on board. General Motors Co. no longer says it will debut a similar service this year. Instead, CEO Mary Barra now says the rollout will be “gated by safety.”QuicktakeWhen the Driverless Cars Arrive, Will You Climb In?: QuickTakeDriverless delivery also has another big advantage over robo-taxis: no demanding human passengers. “People have more emotions than boxes,” Ford’s Marakby said.Meanwhile, driverless delivery is already hitting the road. Swedish startup Einride recently began low-speed robo-deliveries on public roads in its home country. It has signed up several Fortune 500 clients, like tire-maker Michelin, plus logistics service provider DB Schenker and German grocer Lidl.Looking like a Star Wars Imperial troop transport on wheels, Einride’s T-Pod trucks are 60% cheaper to build because they lack a passenger compartment. If they get into a jam, they can be remote controlled by humans from a command center. One human monitors the remote controls for 10 trucks. The T-Pods operate in self-driving mode 95% of the time, according to CEO and founder Robert Falck.Stuffed with payload and no human driver, a T-Pod can operate around the clock and cut shipping costs in half. That’s why Falck says his company is already profitable, though he declines to give specifics.“There are solid economics behind this and that’s also what the customer realizes,” Falck said. “If you break down the numbers, it’s the best business case out there.”TuSimple, a San Diego startup valued at $1.1 billion, leads a pack of tech outfits seeking to automate long-haul trucking. The company has a fleet of 50 robot Peterbilt and Navistar trucks that have been transporting commercial loads in Arizona for a year. And while it isn’t profitable yet, it expects to book revenue of more than $1 million a month in the second half of the year.“If you break down the numbers, it’s the best business case out there.”In the final two weeks of May, its self-driving big rigs—equipped with cameras that can see more than a half-mile down the road—completed 10 test runs for the U.S. Postal Service of an arduous 1,000-mile stretch from Phoenix to Dallas. Over Memorial Day weekend, the trucks faced howling crosswinds and “mud rain,” a blinding combination of dust, wind and rain. And yet the robo-rigs consistently beat human-driven trucks to the mail depot by as much as two hours.   “We were approaching the edge of our operational design domain,” said Chuck Price, TuSimple’s chief product officer. “But we were able to demonstrate that we can do it much faster, with high consistency and high reliability. So bottom line, it’s more efficient.”By next year, TuSimple says it will pull the safety driver and engineer it currently has babysitting its rigs and go fully driverless—something no robo-taxi has committed to yet. By 2023 or 2024, the company plans to have “commercially ready” robo-rigs rolling out of a factory of a major truck maker.That kind of confidence is hard to come by these days among the purveyors of robo-taxis, still struggling to figure out how to navigate the pedestrians, cyclists and unpredictable traffic of chaotic urban environments. Increasingly, the call of the open road and the mundane middle miles between warehouses is proving to be the clearest path to the autonomous future. That’s why big players like Waymo and Tesla Inc.—still working on driverless people haulers—are also developing robo-rigs.“There’s absolutely a market for this sort of thing,” said Sam Abuelsamid, an analyst with Navigant Research. “People don’t really care much about what goes on behind the scenes to get them the products they want. But the value of all the goods being moved is far more than ride-hailing applications.”To contact the authors of this story: Keith Naughton in Southfield at knaughton3@bloomberg.netMatthew Boyle in New York at mboyle20@bloomberg.netTo contact the editor responsible for this story: Anne Riley Moffat at ariley17@bloomberg.net, Chester DawsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • The 1 Part of Walmart’s Online Strategy That Isn’t Working
    Motley Fool2 days ago

    The 1 Part of Walmart’s Online Strategy That Isn’t Working

    The urban-focused Jet.com hasn’t lived up to expectations.

  • MarketWatch2 days ago

    Walmart adding wireless experts by the holidays, part of consumer electronics push

    Walmart Inc. said Tuesday that it will add wireless experts to 600 more stores by the holidays, part of an overall push to upgrade consumer electronics departments. More than 3,000 Walmart stores will have dedicated wireless experts. Walmart also announced that, starting with AT&T Inc. customers, Walmart shoppers will be able to purchase a complete "postpaid" cell phone on the Walmart website. Each carrier will ultimately have its own page for cell phone purchases. Walmart plans to improve its consumer electronics offering nationwide with live product demos, more accessories and additional enhancements. Walmart stock is up 17% for the year to date while the Dow Jones Industrial Average has gained 13.2% for the period.

  • Amazon Aims to Launch Booze Delivery Services in San Francisco
    Zacks2 days ago

    Amazon Aims to Launch Booze Delivery Services in San Francisco

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  • Best Buy to sell Flywheel bikes and other popular home exercise machines
    Yahoo Finance2 days ago

    Best Buy to sell Flywheel bikes and other popular home exercise machines

    Best Buy announced Tuesday that it will be selling a collection of high-tech at-home fitness equipment.

  • Jet.com Has Almost Vanished -- and That's Fine With Walmart
    Motley Fool2 days ago

    Jet.com Has Almost Vanished -- and That's Fine With Walmart

    Walmart paid a pretty penny for the e-commerce brand in 2016, but the retail giant has gotten its money's worth.

  • Amazon Is Improving the Whole Foods Experience
    Motley Fool3 days ago

    Amazon Is Improving the Whole Foods Experience

    Whole Foods has seen a big improvement in customer experience over the past year.

  • As Amazon Air Threat Grows, First Cracks in Carrier Relationships Appear
    Motley Fool3 days ago

    As Amazon Air Threat Grows, First Cracks in Carrier Relationships Appear

    Other carriers may follow FedEx's lead and reassess their relationship with the e-commerce giant.

  • Walmart's Taking On Target's Shipt and Amazon Prime Now
    Motley Fool3 days ago

    Walmart's Taking On Target's Shipt and Amazon Prime Now

    Customers can now pay an annual subscription for unlimited grocery delivery.

  • Data suggests Walmart's biggest reason for store closures could be itself
    Yahoo Finance3 days ago

    Data suggests Walmart's biggest reason for store closures could be itself

    Walmart is raising eyebrows by closing a handful of its stores, but a study suggests the retail giant's problem may be itself.

  • The Fed is wrong about inflation and productivity
    Yahoo Finance3 days ago

    The Fed is wrong about inflation and productivity

    When it comes to inflation, Federal Reserve officials resemble the characters Estragon and Vladimir in Samuel Beckett’s existential play “Waiting for Godot.”

  • Is Walmart (WMT) Stock Outpacing Its Retail-Wholesale Peers This Year?
    Zacks3 days ago

    Is Walmart (WMT) Stock Outpacing Its Retail-Wholesale Peers This Year?

    Is (WMT) Outperforming Other Retail-Wholesale Stocks This Year?

  • AMZN and WMT in Focus as Heat Rises in India-US Trade Relations
    Market Realist3 days ago

    AMZN and WMT in Focus as Heat Rises in India-US Trade Relations

    India has retaliated against the Section 232 tariffs that President Donald Trump imposed last year. India announced retaliatory tariffs last year but postponed them multiple times, apparently to resolve the trade issues through discussion.

  • ALLETE's Unit Signs Power Sales Agreement With Smithfield
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    ALLETE's Unit Signs Power Sales Agreement With Smithfield

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  • Cost Savings, Sales Growth to Aid Darden (DRI) in Q4 Earnings
    Zacks3 days ago

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    Various sales-boosting initiatives, coupled with aggressive cost-cutting measures, position Darden (DRI) for impressive earnings in fourth-quarter fiscal 2019.

  • Can Kroger End Its Market-Share Slide This Week?
    Motley Fool4 days ago

    Can Kroger End Its Market-Share Slide This Week?

    It has been years since the supermarket chain has outperformed its main retailing rivals.

  • 6 groceries you should always buy at Kroger
    CNBC4 days ago

    6 groceries you should always buy at Kroger

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  • Walmart (WMT) Up 7.7% Since Last Earnings Report: Can It Continue?
    Zacks5 days ago

    Walmart (WMT) Up 7.7% Since Last Earnings Report: Can It Continue?

    Walmart (WMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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