Corporate philanthropy
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American Water Charitable Foundation Awards $200,000 through One Water Street Grant Program
Prnewswire· 2025-12-18 17:02
Core Insights - The American Water Charitable Foundation awarded a total of $200,000 in One Water Street grants to 20 nonprofit organizations in Camden, N.J. for the year 2025 [1] - The Foundation has invested a cumulative total of $280,000 in One Water Street grants over the past seven years to support the Community and Urban Science Enrichment (CAUSE) program [2] - Since its inception in 2012, the Foundation has contributed over $20 million in grants and matching gifts to support eligible organizations in communities served by American Water [3] Grant Program Details - The One Water Street Grant is part of the Keep Communities Flowing Grant Program, which focuses on three pillars: Water, People, and Communities [2] - The grants aim to support high-impact projects that benefit the Camden community, where American Water's corporate headquarters is located [2] Community Investment - American Water, along with its subsidiaries, has collectively contributed over $8 million in charitable contributions to the Camden community since 2018 [5] - The 2024 Camden Community Investment Report reaffirms American Water's commitment to being a responsible corporate citizen in the community [5] Company Overview - American Water is the largest regulated water and wastewater utility company in the U.S., serving over 14 million people across 14 states and 18 military installations [6] - The company has a history dating back to 1886 and focuses on providing safe, clean, reliable, and affordable drinking water and wastewater services [6]
Walmart reports revenue growth of 5.8%, up 6.0% in constant currency (cc)
Businesswire· 2025-11-20 12:01
Core Insights - Walmart reported a revenue growth of 5.8%, or 6.0% in constant currency, reaching $179.5 billion [1][4] - Global eCommerce sales increased by 27%, driven by store-fulfilled pickup & delivery and marketplace [4] - The company raised its outlook for fiscal year 2026 [1] Financial Performance - Operating income decreased by 0.2%, but adjusted operating income rose by 8.0% in constant currency [1][4] - GAAP EPS was $0.77, while adjusted EPS was $0.62, excluding certain non-cash charges and gains [1][4] - Gross margin rate increased by 2 basis points, primarily due to Walmart U.S., partially offset by international operations [4] Business Segments - Global advertising business grew by 53%, with Walmart Connect in the U.S. up by 33% [4] - Membership and other income rose by 9.0%, including a 16.7% increase in membership income [4] Company Overview - Walmart operates approximately 10,500 stores and numerous eCommerce websites across 19 countries, serving around 255 million customers weekly [3] - The company had a fiscal year 2024 revenue of $648 billion and employs approximately 2.1 million associates globally [3]
Walmart and Sam's Club's Children's Miracle Network Campaign Concludes, Raising Over $43 Million for Children's Miracle Network Hospitals
Prnewswire· 2025-09-02 17:50
Core Points - Walmart and Sam's Club raised over $43 million for Children's Miracle Network Hospitals during their annual campaign, which took place from June 9 to July 6, 2025 [1] - The funds raised directly support local children's hospitals in the U.S. and Canada, providing essential care to millions of children [1][4] - The campaign reflects a long-standing partnership of 38 years between Walmart, Sam's Club, and CMN Hospitals, emphasizing community engagement and support for pediatric care [2][4] Company Contributions - Walmart Foundation's SVP, Julie Gehrki, highlighted the dedication of associates, customers, and members, stating that their generosity translates into direct support for local children and families [2] - The campaign's success is attributed to the personal commitment of Walmart and Sam's Club associates, who view their work as a way to give back to the community [2][4] - A video showcasing the impact of the campaign emphasizes that every dollar raised contributes to life-changing treatments and support programs for children [3][4] Impact on Healthcare - The funds collected are critical for children's hospitals to meet urgent needs and provide access to specialized care, including life-saving treatments and innovative research [4][6] - Children's Miracle Network Hospitals has raised over $9 billion for 170 children's hospitals, focusing on critical healthcare services and support for families [6][7] - The collective generosity from the campaign empowers local hospitals to confront health challenges and transform children's healthcare [4][6]