Walmart Stock Price, News & Analysis

Service Finance Company and Sam's Club have launched the Sam's Club Home Install Experts™ program, connecting members with vetted home improvement contractors. Services include HVAC, roofing, and renovations. Members can benefit from a 10% discount off standard pricing and promotional financing options. Accessible via HomeInstallExperts.com or by calling 844-Savings, the program is available to all Sam's Club members in the U.S., excluding Hawaii and Puerto Rico. This initiative aims to simplify the home improvement process for members.

Service Finance Company and Sam's Club have launched the Sam's Club Home Install Experts™ program, connecting members with vetted home improvement contractors. The program offers services like HVAC, roofing, and kitchen renovations. Members can access a 10% discount off dealer pricing and promotional financing. This initiative aims to simplify the home improvement process for Sam's Club members, enhancing their ability to undertake renovation projects with trusted providers. The service is available in all states where Sam's Clubs operate, excluding Hawaii and Puerto Rico.

Walmart has introduced Walmart+ Rx for Less, a new prescription savings program for Walmart+ members. This initiative allows members to access select medications at zero cost and discounts of up to 85% on thousands of commonly prescribed drugs. The program aims to improve medication adherence while providing significant savings. Members can choose to use this program instead of their insurance by presenting a pharmacy savings card at Walmart locations. The service is administered by MedImpact and complements existing Walmart+ benefits including free delivery and fuel discounts.

Walmart and the Elton John AIDS Foundation have launched the "Breakthrough" initiative to combat HIV in the southern U.S. This three-year program aims to enhance access to HIV testing and education, focusing on communities with significant needs. Currently, 250,000 individuals in the South live with HIV without proper access to treatment, particularly affecting communities of color and the LGBTQ+ population. Walmart's commitment to health equity is underscored by this partnership, which seeks to address the urgent health crisis and work towards a future free from AIDS.

Walmart announced the closure of all U.S. store locations on Thanksgiving Day, November 25, to thank associates for their hard work during the pandemic. This decision was shared at the Associate Celebration meeting, attended by around 1,000 associates. This marks the second consecutive year Walmart has made this decision. The company has emphasized associate well-being, recently expanding access to counseling and extending its COVID-19 emergency leave policy. Walmart aims to provide time for associates to spend with their families during the holiday.

Walmart has launched an in-house developed app, Me@Walmart, for its U.S. associates, enhancing their work experience and efficiency. By year-end, Walmart will provide over 740,000 associates with new Samsung Galaxy XCover Pro smartphones to use the app. Key features include scheduling tools, mobile clock-in, communication solutions via push-to-talk, and a voice-activated assistant called Ask Sam. Walmart aims to streamline processes and improve customer service in an evolving retail landscape.

Walmart Inc. (NYSE: WMT) reported strong shareholder support during its Annual Shareholders’ Meeting, with 90.3% of outstanding shares represented. CEO Doug McMillon announced record sales of $560 billion, an increase of over $40 billion from the previous year. Shareholders approved the election of all 12 director nominees, with votes exceeding 97.5%. Additionally, 95% of shares voted in favor of executive compensation and 98.4% for the appointment of Ernst & Young as auditors. However, five shareholder proposals failed, with support ranging from 2.3% to 22.1%.

Sam's Club has re-launched its Taste & Tips sampling program, allowing members to sample food and review products during their visits. Initially available on weekends with safety measures, this program returns after being paused due to COVID-19 concerns. Sam's Club aims to enhance the shopping experience, as indicated by Chief Merchandising Officer Megan Crozier, highlighting an evolution in member preferences. The club will also feature a Member’s Mark Summer Eats Food Truck, touring central U.S. states, and will test new sampling approaches, including mobile events in-store.

Walmart (NYSE: WMT) announced that Judith McKenna, President and CEO of Walmart International, will speak at Deutsche Bank's 18th Annual dbAccess Global Consumer Conference on June 7 at 4 p.m. CET/10 a.m. EDT. The event will be streamed live via the 'Events' section at stock.walmart.com, with a transcript available afterward. Walmart continues to be a global leader in retail, serving approximately 220 million customers weekly across 10,500 locations worldwide, generating $559 billion in revenue for fiscal year 2021.