Walmart impressed again with its latest earnings report.Walmart (WMT -0.44%) stock had a banner week last week after the retail giant delivered strong first-quarter results. It posted comparable sales growth of 3.8% in its core Walmart U.S. division, gaining market share at a time when much of the retail sector is struggling with inflation and a shift in consumer spending to services like travel and restaurants.Walmart also delivered solid operating income growth in all three of its operating segments, and ...

Walmart Inc. (WMT) is widely known for its commitment to keeping pace with evolving consumer patterns and strengthening its omnichannel operations. From investing in pioneering data analytics to expanding its digital presence and optimizing in-store operations, Walmart leaves no stone unturned. The company has unveiled a major milestone — the international expansion of the Walmart Luminate platform.This expansion will start with Walmex in Mexico, followed by Walmart Canada later in the year. Further, this p ...

U.S. inflation hasn’t gotten down to the Federal Reserve’s 2% target – not even close. Indeed, Federal Reserve Chairman Jerome Powell has described the path to 2% inflation as “sometimes bumpy.” However, the inflationary bumps could actually benefit Walmart (NYSE:WMT) and add to the bullish argument for Walmart stock.Walmart’s management shutdown its health care centers recently. This means that Walmart can focus more of its attention and resources on providing “everyday low prices” on groceries and other h ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWalmart's announcement on May 14 that it'll lay off several hundred workers and relocate others to one of three main campuses is another example of a big company reversing a pandemic-era embrace o ...

Walmart Not Getting Crushed By Amazon Joe Raedle / Getty Images News via Getty Images Amazon.com (NASDAQ: AMZN) was founded in 1994, and at the same time, Walmart (NYSE: WMT) was on its way to becoming the largest retailer in America. As the broadband era was ushered in during the early 2000s, the fear began to emerge that Amazon would trample every large retailer in America. Indeed, Sears and Walmart were severely damaged. So was KMart. So was JC Penney. Walmart was supposed to be next.Walmart was never ...

Walmart’s (WMT) beat-and-raise quarterly release should ordinarily provide favorable read-throughs for Target (TGT) , which is scheduled to report results before the market’s open on Wednesday, May 22nd. But the two companies have different business models, and that makes expectations off target.To start, Walmart has effectively added a technological component to its well-established reputation for value. Walmart’s digital prowess has allowed it to offer a variety of convenient shopping options, allowing it ...

Often asked for his economic opinion and outlook, JPMorgan Chase (JPM)  CEO Jamie Dimon alluded to concerns of a broader economic slowdown and the possibility of a large stock market correction while speaking with Bloomberg on Thursday.Pointing out that inflation has come in hotter than expected in every month so far this year except for April’s CPI data, Dimon's worries centered around the notion that stocks are high and whenever there is anticipation of a soft-landing things can go wrong.Dimon compared su ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWalmart hit the bull's-eye with its first-quarter earnings.The Bentonville retailer on Thursday reported a solid 6% year-over-year improvement in first-quarter sales, with profits growing even fas ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Walmart shouldn’t count on keeping the affluent customers it has recently gained, the retailer’s former U.S. CEO Bill Simon said Thursday (May 16).Speaking on CNBC’s Fast Money, Simon said that when the economic situation picks back up, affluent shoppers will go back to retailers that provide a premium experience, CNBC reported Thursday.Currently, Simon said, factors like food inflation have led these shoppers to go to Walmart for convenience, cost and assortment. But as inflation recedes over the next two ...