Walmart

Walmart, Inc. (NYSE: WMT) saw the impact of pandemic-mandated stay-at-home orders as its comparison sales surged 10% year-over-year to nearly $136 billion in the company's fiscal first-quarter 2021, which ended April 30. The nation's largest retailer reported adjusted earnings per share (EPS) of $...

Few retailers might be able to write the history book on navigating the coronavirus pandemic as well as Walmart Inc (NYSE: WMT). The first chapter has already been written and investors will get to see it when the nation’s largest retailer opens its first-quarter books this week. It...

Auto racing returned over the weekend, but that isn’t the only reason the market looks like it could be off to a fast start Monday. Focus ahead of the opening bell turned toward bullish hopes around reopenings and possible progress on the vaccine front. Overseas markets rose across the board...

This weekend's Barron's cover story examines how consumer spending will affect the economic recovery. Other featured articles offer energy stock and bond picks, as well as retail stocks poised to thrive. Also, the prospects for Warren Buffett's empire, a used car purveyor and an iconic...

Walmart Inc. (NYSE: WMT) announced Thursday that it is hiring an additional 150,000 workers to meet rising consumer demand in the face of the novel coronavirus (COVID-19) outbreak. What Happened The workers would be hired on a temporary basis and work across roles in stores, clubs, distribution and...

Walmart Inc. (NYSE: WMT) has shortened the operating hours of all its stores across the United States starting Sunday. What Happened All retail stores will be open to customers between 6 a.m. to 11 p.m. until further notice, the retailer announced Saturday. Walmart stores are typically open round...

Target Corporation (NYSE: TGT) shares started 2019 with a value around $66 and finished the year with a share price around $128, almost passing the bar of $130 around Christmas. This investors' fate in Target was based on good results in sales and profitability segment. The reason for...

Amazon.com, Inc. (NASDAQ: AMZN) and Alibaba Group Holding Limited (NASDAQ: BABA) with its online retail service AliExpress, it is not strange that all the traditional retailers, giant companies like Walmart Inc. (NYSE: WMT) and Target Corporation (NYSE: TGT) keep working to increase their...

Walmart Inc. has asked the U.S. Court of Appeals for the 9th Circuit to hold off on requiring the company to pay a $60.8 million judgement to approximately 800 drivers until Walmart decides whether it will appeal to the U.S. Supreme Court — and the high court decides whether to hear the case. Last...

Walmart Inc. (NYSE: WMT) is planning to launch a subscription-based service similar to Amazon.com Inc.'s (NASDAQ: AMZN) Prime, Recode reported Thursday. What Happened The veteran Arkansas-based retailer has been working on the service called Walmart Plus for at least 18 months, sources familiar...

On today's episode we've got the latest news on KeepTruckin's shutdown of One Point Logistics, we'll find out if Walmart Inc (NYSE: WMT) will get another day in court, and learn how Knight-Swift Transportation Holdings Inc (NYSE: KNX) will "Book It Now" with TruckStop.  Plus Don Everhart, VP of...

Walmart Inc (NYSE: WMT) is confident in what it says is above-average pay it offers its drivers and takes issue with a decision Thursday by a federal appeals court denying the company's bid for a rehearing on a class-action lawsuit over back wages. "We continue to believe that our truck drivers...

The U.S. Court of Appeals for the 9th Circuit has denied a petition by Walmart Inc. (NYSE: WMT) to rehear a lower court's decision that awarded $54.6 million to former California truck drivers for time spent in a sleeper berth during layovers between trips. Walmart had requested both a panel...

Walmart Inc (NYSE: WMT) reported lower than expected fiscal fourth-quarter earnings as well as guidance  that was quite shy of forecasts. These factors managed to overshadow a rise in fourth-quarter net income as the retailing giant issued guidance that didn't meet analyst estimates for...

Walmart, Inc. (NYSE: WMT) blames softer holiday sales for its weaker than expected earnings for the fiscal fourth quarter, which ended Jan. 31. The largest retailer in the world reported adjusted earnings per share (EPS) of $1.38, 6 cents lower than analysts' expectations for the quarter. The...