About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Walmart (WMT) came out with quarterly earnings of $1.80 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this world's largest retailer would post earnings of $1.53 per share when it actually produced earnings of $1.53, delivering no surprise.Over the last four quarters, the company ha ...

Some companies wield such significant influence in the stock market that their acquisitions and industry maneuvers promptly translate into positive market reactions. A recent illustration of this phenomenon is Nvidia’s (NASDAQ: NVDA) investment in Nano-X Imaging, which triggered a surge of 50% in its stock price at one juncture.Now Walmart (NYSE: WMT) has just confirmed the acquisition of Vizio Holding Corp (NYSE: VZIO), which made its stock surge by more than 15% in the pre-market trading.VIZIO stock was a ...

Greetings. Welcome to Walmart's fourth quarter fiscal year 2024 earnings conference call. At this time, all participants are in listen-only mode. The question and answer session will follow the formal presentation. If anyone should require operator assistance during today's call, please press star zero from your telephone keypad. Please note this conference is being recorded. At this time, I'll now turn the conference over to Steph Wessink, Senior Vice President of Investor Relations. Steph, you may now beg ...

BENTONVILLE, Ark.--(BUSINESS WIRE)--The Board of Directors of Walmart Inc. (NYSE: WMT) approved an annual cash dividend for fiscal year 2025 of $0.83 per share on a post-stock split basis, or $2.49 per share on a pre-split basis. This represents an approximately 9 percent increase from the $2.28 per share paid for the last fiscal year. The fiscal year 2025 annual dividend of $0.83 per share will be paid in four quarterly installments of $0.2075 per share, according to the following record and payable dates: ...

BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (NYSE: WMT): Fourth-quarter highlights: Consolidated revenue of $173.4 billion, up 5.7%, or 4.9% (cc) Consolidated gross margin rate up 39bps due to improvement at Walmart U.S. Consolidated operating income up $1.7 billion, or 30.4%; adjusted operating income up 13.2%, positively affected by currency and LIFO of 2.3% and 1.0%, respectively Global eCommerce sales grew 23% Global advertising business grew approximately 33%, including 22% for Walmart ...

Walmart will report its holiday quarter results on Tuesday morning, as investors try to get a clearer picture of what the year ahead holds for retailers and the U.S. economy.Here's what Wall Street analysts expect, according to a survey by LSEG, formerly known as Refinitiv:Earnings per share: $1.65Revenue: $170.71 billionAs the nation's largest retailer and private employer, Walmart often serves as a barometer for how consumers feel about their finances and how they are managing challenges like elevated gro ...

Miami, Hialeah Gardens, Florida, Walmart Supercenter, long line of customers returning at customer ... [+] service center. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images)Jeffrey Greenberg/Universal Images Group via Getty ImagesNote: Walmart’s WMT FY’2024 ended in January 2024.Walmart (NYSE: WMT), the world’s largest retailer (by revenue), operating discount stores, supercenters, neighborhood markets, and Sam’s Club warehouses, is scheduled to report its fiscal fourth-quarter results on ...

Walmart (WMT 0.63%) has been on the offensive lately. It excited investors last week with the announcement of a 3-for-1 stock split, and it captured attention again this week with reports that it might acquire smart TV maker Vizio. But it's probably not looking to compete with the likes of industry leader Roku (ROKU -23.81%). This move is more about gaining the upper hand, or at least a competing hand, in its battle for consumer spending with perennial rival Amazon.The pressure is building on WalmartWalmart ...

Walmart (WMT 0.63%) is headed for Splitsville. No, the giant discount retailer isn't about to break up into separate companies. It isn't planning to sell off any of its units, either.Instead, I'm referring to Walmart's announcement roughly two weeks ago that it plans to conduct a 3-for-1 stock split on Feb. 26, 2024. CEO Doug McMillon explained that the company is splitting its stock because its founder, Sam Walton, felt that Walmart's share price should be affordable for its associates. McMillion said, "Gi ...