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Bloomberg· 2025-12-14 20:30
Coles and Woolworths, Australia’s dominant supermarket chains, are bracing for tougher oversight after the government moved to crack down on alleged price gouging. https://t.co/AzCVYq5j7k ...
Walmart to Transfer Stock Exchange Listing to Nasdaq
Businesswire· 2025-11-20 12:01
Core Points - Walmart Inc. will transfer its common stock listing to Nasdaq, expected to begin trading on December 9, 2025, under the ticker symbol "WMT" [1][2] - The move to Nasdaq reflects Walmart's alignment with a technology-driven approach and commitment to innovation [2][3] - Walmart will also transfer the listing of nine bonds to Nasdaq, enhancing its presence in the capital markets [2][4] Company Overview - Walmart is a tech-powered omnichannel retailer with fiscal year 2025 revenue of $681 billion and approximately 2.1 million associates worldwide [4] - The company serves around 270 million customers weekly across more than 10,750 stores and various eCommerce platforms in 19 countries [4] - Walmart continues to lead in sustainability, corporate philanthropy, and employment opportunities [4]
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]
Tiendas 3B 3Q25 Earnings Release
Businesswire· 2025-11-19 21:26
Core Insights - Tiendas 3B reported strong financial performance in Q3 2025, with total revenue reaching Ps. 20,279 million, a 36.7% increase year-over-year, driven by same-store sales growth of 17.9% and the opening of 131 new stores [4][7][9]. Financial Results - Total revenue for Q3 2025 was Ps. 20,279 million, up 36.7% from Ps. 14,834 million in Q3 2024 [8][9]. - Gross profit increased to Ps. 3,277 million, reflecting a 39.8% growth compared to Q3 2024, with a gross profit margin of 16.2% [10][38]. - EBITDA, excluding non-cash share-based payments, rose 43.6% year-over-year to Ps. 1,170 million, with an adjusted EBITDA margin of 5.8% [4][15][38]. Store Expansion and Operations - The company opened 131 net new stores in Q3 2025, bringing the total store count to 3,162, with 528 net new stores opened over the past twelve months [3][26]. - Two new distribution centers were opened, increasing the total to 18 regions served [3][26]. Expense Management - Sales expenses reached Ps. 2,065 million, a 37.8% increase from Q3 2024, primarily due to higher labor costs associated with the expanded store base [11][12]. - Administrative expenses surged to Ps. 2,109 million, a 326.5% increase year-over-year, largely due to higher non-cash share-based payment expenses and increased staffing costs [12][13]. Cash Flow and Liquidity - Net cash flows from operating activities for the first nine months of 2025 were Ps. 3,095 million, a 30.1% increase from Ps. 2,378 million in the same period of 2024 [22][23]. - As of September 30, 2025, the company had cash and cash equivalents of Ps. 1,113 million and US$151 million in short-term bank deposits [20][38]. Market Position and Strategy - Tiendas 3B aims to operate at least 14,000 stores in Mexico, with older store cohorts showing same-store sales growth above inflation [5][37]. - The company emphasizes the importance of human capital in sustaining long-term growth and continues to invest in talent and store openings [5][6].
Winn-Dixie expands Amazon return kiosks to 68 additional stores across Florida
Businesswire· 2025-11-18 16:01
Core Insights - Winn-Dixie is expanding its in-store Amazon return kiosks to 68 additional locations across 23 Florida counties, enhancing convenience for customers [2][3][10] Expansion Details - The expansion follows a successful pilot program at 20 stores in the greater Jacksonville area, indicating strong customer interest and usage [3][4] - The new locations will allow customers to return eligible Amazon items without needing shipping boxes, tape, or labels, streamlining the return process [5] Customer Engagement - Customers using the kiosks will receive a $10 off $50 coupon through the Winn-Dixie Rewards app after completing a return, incentivizing usage [6] - The collaboration with Amazon aims to provide a seamless returns experience, reinforcing customer loyalty and convenience [4][9] Online Grocery Shopping - Winn-Dixie has introduced an online grocery shopping option on Amazon, offering over 16,000 items with delivery available in select areas [7][8] - Both Prime and non-Prime customers can enjoy free delivery on orders over $25, enhancing the value proposition for shoppers [9] Strategic Focus - This initiative marks a renewed commitment by Winn-Dixie to enhance the shopping experience in Florida and southern Georgia, focusing on convenience-driven services [10]
Walmart Announces John Furner as President and Chief Executive Officer
Businesswire· 2025-11-14 13:04
Core Points - Walmart Inc. has announced the appointment of John Furner as the new President and Chief Executive Officer, effective February 1, 2026, succeeding Doug McMillon, who will retire on January 31, 2026 [1][2] - Furner has been with Walmart for over 30 years, starting as an hourly associate and holding various leadership roles, including President and CEO of Walmart U.S. since 2019 [3][4] - Doug McMillon has been credited with leading a comprehensive transformation of Walmart during his tenure, focusing on associate investment, digital capabilities, and supply chain modernization, resulting in strong financial performance [4] Leadership Transition - John Furner is recognized as the right leader to guide Walmart into its next growth phase, with a strong understanding of the business across all segments [3] - McMillon will remain on the Board of Directors until the next annual shareholders' meeting and will assist Furner during the transition [2][5] - Furner expressed gratitude for the trust placed in him and emphasized a commitment to innovation and serving customers in a new retail era [4] Company Overview - Walmart Inc. operates as a tech-powered omnichannel retailer, serving approximately 270 million customers weekly across over 10,750 stores and eCommerce platforms in 19 countries [6] - The company reported fiscal year 2025 revenue of $681 billion and employs around 2.1 million associates globally [6]
Grove Announces Third Quarter 2025 Financial Results
Businesswire· 2025-11-13 21:10
Core Insights - Grove Collaborative Holdings, Inc. reported a decline in revenue for the third quarter of 2025, primarily due to reduced advertising investment and disruptions from an eCommerce platform migration [2][4][8] - The company is focusing on improving customer experience and operational efficiency while evaluating strategic options to enhance growth and shareholder value [3][8] Financial Performance - Revenue for Q3 2025 was $43.7 million, a decrease of 9.4% year-over-year and 0.7% sequentially [4][8] - Gross margin improved to 53.3%, up 30 basis points from 53.0% in Q3 2024, driven by better promotional efficiency and product mix [5] - Operating expenses decreased by 19.5% to $26.1 million compared to $32.3 million in the prior year, attributed to lower stock-based compensation and ongoing cost optimization [5][8] Loss and Adjusted EBITDA - The net loss for Q3 2025 was $3.0 million, compared to a net loss of $1.3 million in the same period last year, reflecting a net loss margin of (6.8%) [6][8] - Adjusted EBITDA was negative $1.2 million, or (2.7%) margin, compared to breakeven in the prior year, indicating challenges in revenue and gross profit [7][8] Customer Metrics - Direct to Consumer (DTC) total orders were 619,000, down 12.5% year-over-year, primarily due to lower advertising spend [10] - DTC active customers totaled 660,000, a decrease of 7.0% year-over-year, also influenced by reduced advertising efforts [11] - DTC net revenue per order was $66.76, a slight decrease of 0.4% year-over-year but an increase of 2.4% sequentially [12] Cash Flow and Liquidity - Operating cash flow was a $1.0 million outflow for the quarter, compared to a $0.8 million inflow in the prior year [9] - Cash, cash equivalents, and restricted cash totaled $12.3 million as of September 30, 2025, down from $14.0 million as of June 30, 2025 [9] Future Guidance - For the full year 2025, Grove expects revenue to be at the lower end of its guidance range, between $172.5 million and $175 million, reflecting a mid-single-digit to low-double-digit percentage decline year-over-year [16] - The company anticipates fourth-quarter revenue to remain roughly flat sequentially and expects full-year Adjusted EBITDA to stay within prior guidance despite lower revenue [16][17]
Walmart To Host Third Quarter Earnings Conference Call November 20, 2025
Businesswire· 2025-11-13 14:38
Nov 13, 2025 9:38 AM Eastern Standard Time Walmart To Host Third Quarter Earnings Conference Call November 20, 2025 Share BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (NYSE: WMT) announced it will hold a live conference call with the investment community at 7 a.m. CST on Thursday, November 20, 2025, to discuss the company's third quarter earnings results for fiscal year 2026. Doug McMillon, president and chief executive officer, and John David Rainey, executive vice president and chief financial officer ...
United Natural Foods to Release Fiscal 2026 First Quarter Results on December 2, 2025
Businesswire· 2025-11-10 12:02
Core Points - United Natural Foods, Inc. (UNFI) will release its financial results for the first quarter of fiscal 2026 on December 2, 2025 [1] - The conference call to discuss the results will take place at 8:30 a.m. ET on the same day [1][2] - UNFI is a leading grocery wholesaler in North America, serving over 30,000 locations with a wide variety of products [3] Financial Performance - For the fourth quarter of fiscal 2025, UNFI reported net sales of $7.7 billion, reflecting a growth of 1.6% compared to the same period in fiscal 2024 [6] - The company experienced a net loss of $87 million, translating to a loss per diluted share (EPS) of $1.43 [6] - Adjusted EBITDA for the fourth quarter was $116 million, with an adjusted EPS of $(0.11) [6]
TBBB Invites You to Join Its Third Quarter 2025 Earnings Conference Call
Businesswire· 2025-11-06 16:57
Core Points - BBB Foods Inc. (Tiendas 3B) will report its third quarter 2025 earnings on November 19, 2025, after market close, with a conference call scheduled for November 20, 2025, at 11:00 a.m. ET [1][2] - The conference call will be hosted by Anthony Hatoum, Chairman and CEO, and Eduardo Pizzuto, CFO, who will address questions regarding the results [1] - Tiendas 3B is recognized as a leader in the grocery hard discount model in Mexico, emphasizing value for budget-conscious consumers [4] Company Information - Tiendas 3B operates under the motto "Bueno, Bonito y Barato," which translates to "Good, Nice and Affordable," reflecting its mission to provide quality products at competitive prices [4] - The company was listed on the New York Stock Exchange in February 2024 under the ticker symbol "TBBB" [4] Conference Call Details - The conference call will be accessible via various international dial-in numbers, including specific numbers for Mexico and the United States [3] - An audio replay of the conference call will be available on the Tiendas 3B website following the event [3]