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Walmart Inc. - WMT STOCK NEWS

Welcome to our dedicated page for Walmart news (Ticker: WMT), a resource for investors and traders seeking the latest updates and insights on Walmart stock.

Walmart Inc. (NYSE: WMT) is a leading American multinational retail corporation headquartered in Bentonville, Arkansas. Renowned for its chain of hypermarkets, discount department stores, and grocery stores, Walmart is the largest retailer in the United States. Since the opening of its first supercenter in 1988, Walmart has grown to operate over 4,600 stores nationwide and more than 10,000 stores globally.

Walmart's business strategy revolves around offering the lowest priced goods to consumers, driving robust store traffic and high product turnover. The company provides a convenient one-stop shopping experience, ensuring superior operating efficiency. In fiscal 2024, Walmart reported over $440 billion in domestic sales, with its subsidiary Sam's Club contributing an additional $86 billion. Internationally, Walmart generated $115 billion in sales. Serving approximately 240 million customers globally each week, Walmart employs around 2.1 million associates worldwide.

Walmart continues to emphasize sustainability, corporate philanthropy, and employment opportunities, making significant strides in these areas. The company leverages advanced technology to enhance its omnichannel retailing, allowing customers to shop in-store, online, and via mobile devices seamlessly.

Recent Achievements and Developments:

  • Walmart Inc. and Capital One Financial Corporation recently ended their exclusive credit card issuing agreement. Despite this change, current cardholders can continue to earn and redeem rewards, with Capital One retaining ownership and servicing of the credit card accounts.

For more information, visit Walmart's official website at corporate.walmart.com, or follow their updates on social media platforms, including Facebook, Twitter, and LinkedIn.

News

Easter Savings Hop to Walmart, Featuring An Easter Meal Priced Lower Than 2023

Rhea-AI Summary
Walmart offers an entire Easter meal for less than $8 per person to help customers save money during the holiday season. The retailer is committed to providing deep savings on seasonal items, with customers saving over $1 billion in 2023. Walmart also offers Easter baskets for under $20, along with a variety of seasonal decorations and must-haves. Customers can take advantage of these savings in-store or online through March 31.
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Books-A-Million Celebrates National Read Across America Day through Expanding Same-Day Delivery

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Books-A-Million partners with Walmart GoLocal to offer same-day delivery nationwide, enhancing customer experience and convenience.
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Walmart Leadership to Participate in Upcoming Investor Events

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Walmart Inc. (WMT) announces participation in upcoming investor events with key executives. Live webcasts available on Walmart's investor relations website. Events include conferences with prominent industry leaders discussing various topics.
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Walmart raises annual dividend 9 percent to $0.83 per share, the largest increase in over 10 years, marking 51st consecutive year of dividend increases

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Walmart Inc. (WMT) announces a 9% increase in annual cash dividend for fiscal year 2025, marking the 51st consecutive year of dividend growth. The dividend of $0.83 per share will be paid in four quarterly installments, reflecting confidence in growth potential and cash flow. Walmart also approved a 3-for-1 stock split, granting two additional shares per holder of record, with trading on a post-split basis starting on February 26, 2024.
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Walmart reports strong revenue growth of 5.7% with operating income growing faster at 30.4%; adjusted operating income up 13.2%

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Walmart Inc. reports impressive fourth-quarter and full-year financial results with consolidated revenue growth, increased operating income, and strong eCommerce sales. The company also announces a 9% raise in annual dividend and plans to acquire VIZIO HOLDING CORP to boost Walmart Connect in the U.S.
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Walmart Agrees to Acquire VIZIO HOLDING CORP. to Facilitate Accelerated Growth of Walmart Connect through VIZIO’s SmartCast Operating System

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Walmart has entered into an agreement to acquire VIZIO for $2.3 billion, focusing on leveraging VIZIO's SmartCast Operating System to enhance customer experiences and advertising opportunities. The acquisition aims to boost Walmart's media business, Walmart Connect, and capitalize on the growth of connected TV platforms.
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Walmart To Host Fourth Quarter Earnings Conference Call Feb. 20, 2024

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Walmart Inc. (WMT) will host a live conference call to discuss its fourth quarter and full-year earnings results for fiscal year 2024. The call will feature Doug McMillon, CEO, and John David Rainey, CFO, and will be webcast live on corporate.walmart.com. Earnings results will be released at 6 a.m. CST on Feb. 20, 2024.
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Reactivate Launches New Community Solar Portfolio with Walmart and U.S. Bank in Low-to-Moderate Income Communities

Rhea-AI Summary
Reactivate, in collaboration with Walmart and U.S. Bancorp Impact Finance, closed a tax equity transaction on a new portfolio of seven community solar projects in Illinois and New York. The projects will help approximately 5,000 households and various organizations save as much as 20% on monthly electricity costs, with a majority of beneficiaries being low-to-moderate income households. Walmart aims to bring at least 2GW of community solar projects in service by 2030, as part of its energy transformation strategy.
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Walmart Announces 3-for-1 Stock Split

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Walmart Inc. (NYSE: WMT) announced a 3:1 stock split to make purchasing shares more accessible for its associates. The split aims to encourage participation in the Associate Stock Purchase Plan and will increase outstanding common stock from 2.7 billion to 8.1 billion shares. The split will take place on February 23, 2024, and shares will begin trading on a post-split basis on February 26, 2024.
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Walmart+ and Andy Cohen Team Up for "Save Your Resolutions” Campaign

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Walmart (WMT) teams up with Andy Cohen to help customers stick to their New Year's resolutions and offers a $50 Walmart Cash incentive for new Walmart+ members. Andy Cohen, fresh from co-hosting New Year's Eve Live on CNN, is determined to keep his resolutions with the help of Walmart+.
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FAQ

What is the current stock price of Walmart (WMT)?

The current stock price of Walmart (WMT) is $90.44 as of November 22, 2024.

What is the market cap of Walmart (WMT)?

The market cap of Walmart (WMT) is approximately 725.6B.

What does Walmart Inc. do?

Walmart Inc. operates a chain of hypermarkets, discount department stores, and grocery stores. It is the largest retailer in the United States.

Where is Walmart headquartered?

Walmart is headquartered in Bentonville, Arkansas, USA.

How many stores does Walmart have globally?

Walmart operates over 10,000 stores globally.

What is Walmart’s annual revenue?

In fiscal 2024, Walmart reported revenue of $648 billion, including domestic and international sales.

How many customers does Walmart serve each week?

Walmart serves approximately 240 million customers globally each week.

What recent changes have been made to Walmart’s credit card partnerships?

Walmart and Capital One Financial Corporation ended their exclusive credit card issuing agreement, but cardholders can still earn and redeem rewards.

What sustainability initiatives does Walmart support?

Walmart is a leader in sustainability efforts, focusing on corporate philanthropy and providing employment opportunities.

How many associates does Walmart employ worldwide?

Walmart employs approximately 2.1 million associates worldwide.

Where can I find more information about Walmart?

More information is available on Walmart's official website at corporate.walmart.com and their social media pages.

What is Walmart's strategy for maintaining its market position?

Walmart’s strategy includes offering the lowest priced goods, superior operating efficiency, and providing a one-stop shopping experience.

Stock WMT logo
Walmart Inc.

NYSE:WMT

WMT Rankings

#12 Ranked by Market Cap
#1835 Ranked by Dividends

WMT Stock Data

725.61B
4.31B
46.38%
35.56%
0.39%
Discount Stores
Retail-variety Stores
Link
United States of America
BENTONVILLE