智通财经APP获悉，当地时间周二，沃尔玛(WMT.US)在拉斯维加斯举行的国际消费电子展(CES)上推出了两款新的人工智能(AI)工具，以帮助购物者快速搜索产品，并自动重新订购频繁购买的商品。 这家全球最大的零售商推出了一款新的生成式人工智能搜索工具，该工具将微软(MSFT.US)的人工智能模型与沃尔玛的购物者数据相结合，使购物者能够按特定用例而不是品牌或商品名称来搜索产品。 沃尔玛表示，购物者可以使用“足球观看派对”或“帮我为女儿策划一个独角兽主题派对”等关键词进行搜索，并收到一份精心策划的产品清单，而不需要单独搜索薯片、翅膀和气球。 沃尔玛表示，该功能目前只对iOS用户开放，今年晚些时候将向其网站和安卓应用用户推出。 沃尔玛还展示了人工智能的另一个用例。该公司表示正在开发一种名为“沃尔玛InHome补货”的工具，该工具将帮助订阅InHome送货服务的购物者快速将常用商品填充到在线购物车中。 自2022年底ChatGPT推出以来，生成式人工智能技术风靡全球。与汽车和电子产品制造商一样，零售商也在竞相为生成式人工智能技术寻找消费者用途。 沃尔玛的竞争对手亚马逊(AMZN.US)已经部署了生成式人工智能工具，以 ...

Walmart+ is teaming up with Andy Cohen to “Save Your Resolutions” and help customers resolve (or even re-resolve) to *not* drop the ball on their 2024 goal. (Photo: Business Wire)Walmart+ is teaming up with Andy Cohen to “Save Your Resolutions” and help customers resolve (or even re-resolve) to *not* drop the ball on their 2024 goal. (Photo: Business Wire)BENTONVILLE, Ark.--(BUSINESS WIRE)--Whether it’s resolving to eat more fruits & veggies, save money, devote more time to family, or travel the world – mos ...

LAS VEGAS — Walmart has unveiled plans to dive further into the world of artificial intelligence — and drones — to improve its customers’ shopping experiences. In a Tuesday keynote at the CES trade show in Las Vegas, the nation’s largest retailer announced it will be expanding its drone delivery to 1.8 million additional households in the Dallas-Fort Worth metropolitan area later this year. Drones aren’t new to Walmart — which has already completed 20,000 drone deliveries across seven states to date — bu ...

The future of commerce will be “customer-centric, interconnected, frictionless and consistently exceeds expectations.”So said Walmart in a Tuesday (Jan. 9) press release describing some of its latest retail technologies that were unveiled at the CES trade show.“The way people buy and discover goods has evolved into a seamless integration of online and offline experiences,” the retailer said in the release. “Customers expect retailers to provide a convenient and enjoyable shopping experience.”With technologi ...

LAS VEGAS--(BUSINESS WIRE)--The way people buy and discover goods has evolved into a seamless integration of online and offline experiences. Customers expect retailers to provide a convenient and enjoyable shopping experience. During today’s keynote at the Consumer Electronics Show (CES), Walmart unveiled how some of the latest technologies will enable the world’s largest retailer to deliver a new type of commerce – one that is customer-centric, interconnected, frictionless and consistently exceeds expec ...

Walmart (WMT) closed the most recent trading day at $157.76, moving -0.97% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.34%. Elsewhere, the Dow saw an upswing of 0.03%, while the tech-heavy Nasdaq depreciated by 0.56%.Shares of the world's largest retailer witnessed a gain of 3.41% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 3.02% and the S&P 500's gain of 2.56%.The upcoming earnings release of Walmart ...

Walmart launched an “immersive commerce” partnership with 3D technology firm Unity.The collaboration lets Unity developers integrate Walmart’s commerce application programming interfaces (APIs) directly into their games and apps, which in turn lets creators sell physical items in real-time 3D (RT3D) across more than 20 platforms, according to a Thursday (Jan. 4) press release.The partnership unlocks new ways for developers and creators “to connect customers’ virtual and physical lifestyles and [establish] n ...

Walmart Inc. (NYSE:WMT) Morgan Stanley Global Consumer and Retail Conference December 6, 2023 12:45 PM ET Company Participants John David Rainey - EVP & CFO Conference Call Participants Simeon Gutman - Morgan Stanley Simeon Gutman Welcome to this keynote fireside. I'm Simeon Gutman, Morgan Stanley's Hardline Broadline and Food Retail Analyst. My pleasure to have Walmart in at this event. Second year in a row keynoting, represented by John David Rainey, EVP and CFO. Quick disclosures, please see our website, ...

Sales Performance - Comparable sales in the U.S. increased by 4.6% and 5.5% for the three and nine months ended October 31, 2023, respectively, compared to the same periods in the previous fiscal year[64] - Walmart U.S. segment had comparable sales growth of 4.9% and 6.1% for the three and nine months ended October 31, 2023, driven by growth in transactions and average ticket[64] - Net sales for the three months ended October 31, 2023, were $159.439 billion, a 5.3% increase from $151.469 billion in the same period of 2022[67] - Total revenues increased by $8.0 billion or 5.2% for the three months ended October 31, 2023, and $27.5 billion or 6.1% for the nine months ended October 31, 2023, compared to the same periods in the previous fiscal year[78] - Net sales for the Walmart U.S. segment increased by $4.6 billion or 4.4% for the three months and $17.4 billion or 5.7% for the nine months ended October 31, 2023, driven by comparable sales increases of 4.9% and 6.1% respectively[80] - Net sales for the Walmart International segment increased by $2.7 billion or 10.8% for the three months and $8.8 billion or 12.0% for the nine months ended October 31, 2023, primarily due to positive comparable sales and favorable currency fluctuations[81] - Net sales for the Sam's Club segment increased by $0.6 billion or 2.8% for the three months ended October 31, 2023, and by $1.4 billion or 2.2% for the nine months ended October 31, 2023, compared to the same periods in the previous fiscal year[82] - Comparable sales growth for the Sam's Club segment was 2.9% and 2.4% for the three and nine months ended October 31, 2023, respectively, driven by strong sales in grocery and health and wellness[82] Financial Performance - Operating income for the three months ended October 31, 2023, was $6.202 billion, compared to $2.695 billion in the same period of 2022, reflecting a significant increase[67] - Gross profit as a percentage of net sales increased to 24.0% for the three months ended October 31, 2023, from 23.7% in the same period of 2022[67] - Operating expenses as a percentage of net sales decreased to 21.0% for the three months ended October 31, 2023, from 22.8% in the same period of 2022[67] - Consolidated net income for the trailing twelve months ending October 31, 2023, was $16,401 million, up from $9,116 million in 2022, resulting in a return on assets (ROA) of 6.5%, compared to 3.7% in the previous year[71] - The return on investment (ROI) for the same period was 14.1%, an increase from 12.8% in 2022, with operating income rising to $25,319 million from $20,754 million[72] - Diluted net income per common share attributable to Walmart was $0.17 and $3.71 for the three and nine months ended October 31, 2023, representing increases of $0.83 and $1.74 respectively[78] - Consolidated net income increased by $2.4 billion for the three months and $5.1 billion for the nine months ended October 31, 2023, compared to the same periods in the previous fiscal year[78] Cash Flow and Investments - Free cash flow for the nine months ended October 31, 2023, was $4,340 million, an increase of $703 million compared to $3,637 million in the same period last year[75] - Net cash provided by operating activities increased to $19,014 million for the nine months ended October 31, 2023, up from $15,698 million in 2022[75] - Total capital expenditures for the nine months ended October 31, 2023, were $14,674 million, compared to $12,061 million in the prior year, reflecting a strategic investment in supply chain and technology[74] - Net cash used in investing activities was $(15,374) million for the nine months ended October 31, 2023, compared to $(12,965) million in 2022, reflecting increased capital investments[76] - Net cash used in financing activities was $0.2 billion for the nine months ended October 31, 2023, a decrease from $5.6 billion for the same period in 2022[88] - Cash and cash equivalents were $12.2 billion as of October 31, 2023, compared to $11.6 billion as of October 31, 2022[86] Asset Management - Average total assets increased to $253,415 million in 2023 from $246,254 million in 2022, contributing to the improved ROI[72] - The company reported total assets of $259,174 million as of October 31, 2023, up from $247,656 million in the previous year[72] - Average invested capital rose to $280,346 million in 2023, compared to $266,983 million in 2022, indicating a stronger capital base for operations[72] - The company allocated $8,014 million towards supply chain and customer-facing initiatives in the first nine months of 2023, up from $6,304 million in the same period last year[74] Tax and Regulatory Matters - The effective income tax rate was 29.7% for the three months and 26.1% for the nine months ended October 31, 2023, compared to (23.5)% and 32.4% for the same periods in the previous fiscal year[78] - The company is involved in over 400 opioid-related lawsuits, with a significant judgment of approximately $0.7 billion ordered to be paid over fifteen years[106] - The company has reached settlement agreements with all 50 states and other territories to resolve substantially all opioids-related lawsuits, effective September 6, 2023[107] - The company is responding to a show cause notice from India's Directorate of Enforcement regarding alleged violations of Foreign Direct Investment rules prior to its acquisition of Flipkart[110] - The company is vigorously defending against a lawsuit filed by the California Attorney General regarding hazardous waste management, with potential penalties exceeding $1 million[112] - In October 2023, the Company received a Finding of Violation from the U.S. Environmental Protection Agency (EPA) regarding alleged violations of the Clean Air Act[113] - The Company is currently evaluating the findings and cooperating with the EPA in its investigation[113] - The EPA may impose monetary and non-monetary penalties for the alleged violations, but the Company believes it will not have a material adverse effect on its business[113] - The Company cannot predict the final outcome of the EPA investigation at this early stage[113] Risk Factors - No material change in the risk factors has occurred since the Annual Report on Form 10-K for the fiscal year ended January 31, 2023[115] - The risk factors disclosed could materially and adversely affect the Company's business, results of operations, financial condition, and liquidity[115] - The Company acknowledges that additional unknown risks could also impact its operations[115] - The business operations may be affected by factors that apply to all companies operating in the U.S. and globally[115] Credit Ratings and Dividends - The company maintains strong credit ratings with Standard & Poor's at AA, Moody's at Aa2, and Fitch at AA for long-term debt[98] - The Board of Directors approved an annual dividend of $2.28 per share for fiscal 2024, an increase from $2.24 per share in fiscal 2023[91] Inflation Impact - Inflation continues to impact merchandise costs, influencing net sales and gross profit margin strategies[62]

Financial presentation to accompany management commentary FY24 Q3 Guidance The following guidance reflects the Company’s Metric Fiscal Year 2024 expectations for fiscal year 2024 and is provided on a non-GAAP basis as the Company Consolidated net sales (cc) Increase approximately 5.0% to 5.5% cannot predict certain elements that are included in reported GAAP results, such as the Consolidated operating income (cc) Increase approximately 7.0% to 7.5%, including expected 70bps tailwind from LIFO changes in fai ...