Trading Profile: Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company’s Walmart U.S. segment offers meat, produce, deli, bakery, dairy, frozen foods, alcoholic and nonalcoholic beverages, and floral and dry grocery; health and beauty aids, baby products, household chemicals, paper goods, and pet supplies; electronics, toys, cameras and supplies, photo processing services, cellular phones, cellular service plan contracts and prepaid service, and seasonal merchandise; fabrics and crafts, stationery and books, automotive accessories, hardware and paint, and sporting goods; pharmacy and optical services; shoes, jewelry, and accessories, as well as apparel for women, girls, men, boys, and infants; and home furnishings, housewares and small appliances, bedding, home décor, outdoor living, and horticulture products through discount stores, supercenters, and neighborhood markets, as well as through walmart.com. This segment also provides financial services and products comprising money orders, wire transfers, check cashing, and bill payment. Its Walmart International segment includes various formats of retail stores, discount stores, supermarkets, supercenters, hypermarkets, restaurants, apparel stores, Sam’s Clubs, and online retail operations. This segment also operates banks that focus on consumer lending, as well as consumer credit products. The company’s Sam’s Club segment offers merchandise comprising hardgoods, softgoods, and selected private-label items under the Member’s Mark, Bakers & Chefs, and Sam’s Club brands through warehouse membership clubs in the United States, as well as through samsclub.com. It operates stores in the United States and Puerto Rico, as well as in Argentina, Brazil, Canada, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, the United Kingdom, China, and India. The company was founded in 1945 and is based in Bentonville, Arkansas.
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Recent WMT News from Yahoo Finance & Seeking Alpha
Affirm's Gross Merchandise Volume Outlook Upbeat Despite Major Client Loss, RBC Says »
Affirm Holdings' (AFRM) full-year outlook for gross merchandise volume was better than projected des
Walmart defeats shareholder lawsuit over opioid probe disclosures »
(Reuters) -Walmart defeated an appeal by shareholders who said the world's largest retailer defrauded them by failing to disclose that federal prosecutors were investigating its opioid-dispensing practices. The 3rd U.S. Circuit Court of Appeals in Philadelphia said Walmart did not commit securities fraud by waiting until June 2018 to reveal it was being investigated, 1-1/2 years after the probe began and 10 weeks after a Texas prosecutor warned she intended to indict the company. Walmart learned of the opioid probe after federal agents raided one of its stores, seeking records concerning two Texas doctors who were prescribing vast amounts of the painkillers.
More Shrimp Recalled from Kroger, Walmart for Radioactive Exposure »
Three seafood companies have recalled frozen shrimp products processed by Indonesian company BMS Foods for potential cesium-137 contamination.
Is Walmart Stock Outperforming the Dow? »
Due to Walmart's outperformance relative to the Dow over the past year, analysts remain strongly optimistic about the stock’s prospects.
Affirm Stock Soars 21% After Earnings. Why Wall Street Is Excited. »
Revenue rose 33% to $876 million, handily topping the $837 million analysts had anticipated, according to FactSet. Gross merchandise volume, a key metric representing the total dollar amount of all transactions on the platform, net of refunds, was up 43% at $10.4 billion. The figure was also up sequentially; Affirm reported $8.6 billion in GMV in the previous quarter.
Older Archived News Wal-Mart Stores Inc
- Analysts Discuss Stocks That Could Benefit From a Stronger Dollar on CNBC.
- Top 5 Corporate Donors in Retail (WMT, GOOG).
- Walmart (WMT) Stock Is the 'Chart of the Day'.
- Time for Wal-Mart to Cut the Cord on Asda Grocery Chain: Chart.
- Japanese Stocks Fall as Deflation Worsens; Futures Tread Water before Yellen.
- How the Sam's Credit Card Works: Benefits and Rewards (WMT).
- As Welspun Awaits Wal-Mart Review, Investors Brace for Worst.
- Wal-Mart’s South Africa Unit Profit Rises as Food Sales Grow.
- Walton Trust Sells $256 Million of Wal-Mart Shares After Rebound.
- Welspun Shares Slide a Third Day as Bed Sheets Probe Widens.Load More News...
