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Look Out, Bezos Backers — Jim Cramer Plans To Target 'The Colossus That Is Amazon' When He Interviews Walmart CEO On 'Mad Money' Tonight
Tuesday, February 21, 2023 - 1:32pm | 530Several high-profile executives will be interviewed by Jim Cramer Tuesday night on "Mad Money." Walmart Inc (NYSE: WMT) CEO Doug McMillon will kick off the show in an exchange that's likely to feature fireworks. What To Know: Cramer previewed the show Tuesday...
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Have The Walmart Heirs Been Selling Their Shares? Here's How Much They Still Own
Monday, August 22, 2022 - 12:49pm | 818The heirs to one of the largest companies in the world maintain a large ownership in it. Here’s a look at the recent sales by Walmart Inc (NYSE: WMT) heirs and what ownership stake three of the richest people in the world have left in the company. What Happened: Retail giant Walmart opened...
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Why Walmart Shares Are Falling Today
Tuesday, May 17, 2022 - 8:20am | 239Walmart Inc (NYSE: WMT) shares are trading lower Tuesday morning after the company reported mixed financial results and lowered earnings guidance. Walmart said first-quarter revenue increased 2.4% year-over-year to $141.6 billion, which beat the $138.88-billion estimate, according to data from...
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Why Walmart Shares Are Trading Higher Today
Thursday, February 17, 2022 - 3:49pm | 256Walmart Inc (NYSE: WMT) is trading higher Thursday after the company reported better-than-expected fiscal fourth-quarter financial results, issued guidance and updated its buyback plans. Walmart reported quarterly revenue of $152.9 billion, which beat the $151.54 billion estimate....
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Walmart's CEO On Racial Equality, Stimulus Talks
Thursday, October 15, 2020 - 11:55am | 421The Business Roundtable will release a report on Thursday that focuses on what the business community can do to address racial equality, roundtable chairman and Walmart Inc (NYSE: WMT) CEO Doug McMillon said on CNBC's "Squawk Box." 'A More Equitable System': The association of...
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Pantry Stocking Buoys Walmart's Fiscal First Quarter
Tuesday, May 19, 2020 - 10:54am | 530Walmart, 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 $...
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Early Reactions To Walmart's Q4 Miss: 'Not Surprising'
Tuesday, February 18, 2020 - 2:44pm | 558Retail giant Walmart Inc (NYSE: WMT) reported Tuesday with fourth-quarter results that fell shy of expectations. The stock erased its premarket losses and was trading in the green by the afternoon. Walmart CEO: What's Next For 2020 Walmart's outlook for 2020 includes no...
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Walmart Trades Higher On Mixed Q3 Earnings, Raised Guidance
Thursday, November 14, 2019 - 8:43am | 293Walmart (NYSE: WMT) reported third-quarter earnings of $1.16 per share Thursday, beating the consensus estimate of $1.09. The retailer reported quarterly sales of $128 billion, which missed the consensus estimate of $128.63 billion. E-commerce sales jumped 41%, including strength...
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Leaders Of 145 Companies Urge Senate To Address Gun Violence
Thursday, September 12, 2019 - 3:55pm | 658The leaders of 145 companies on Thursday urged the U.S. Senate to require expanded background checks on gun sales and enact other laws aimed at preventing gun violence. In a letter to the Senate, the top executives of the companies said a gun violence epidemic in the country is now affecting their...
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Walmart To Stop Carrying Some Ammunition, Ban Open Carry In Stores
Tuesday, September 3, 2019 - 1:56pm | 558Walmart Inc (NYSE: WMT) said Tuesday it will stop selling certain types of ammunition sometimes used in assault rifles and will prohibit shoppers from openly carrying guns in its stores. CEO Doug McMillon announced the changes in an email to employees, saying the policy shift came after discussion...
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Walmart Trades Higher On Q1 Earnings Beat
Thursday, May 16, 2019 - 7:12am | 291Retail giant Walmart Inc (NYSE: WMT) on Thursday reported revenue was $123.9 billion in the first quarter, an increase of $1.2 billion. Walmart reported quarterly earnings of $1.13 per share, which beat the analyst consensus estimate of $1.02 by 10.78 percent. This is a 0.88 percent decrease over...
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The Street's Early Reaction To Walmart's Q4 Beat
Tuesday, February 19, 2019 - 12:39pm | 588Retail giant Walmart Inc (NYSE: WMT) reported Tuesday morning with fourth-quarter results that were better-than-expected and helped lift the stock higher by more than 3 percent. Moody's O'Shea: CEO Deserves Credit Walmart CEO Doug McMillon has done a "terrific job" in managing the...
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Walmart Trades Higher After Q4 Earnings Beat
Tuesday, February 19, 2019 - 9:26am | 418Retail giant Walmart Inc (NYSE: WMT) reported fourth-quarter results, which sent shares higher by more than 3 percent during in the pre-market trading session. What Happened Walmart said it earned $1.41 per share in the fourth quarter on revenue of $138.8 billion, which came in better than the $1....
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Cramer Sees 'Sweet Vindication' For Walmart Investors, Lazarus-Like Nordstrom Comeback
Tuesday, August 21, 2018 - 10:54am | 555Retail earnings make it clear there are at least two "resurrection stories," according to CNBC's Jim Cramer. Walmart: Not Too Late To Buy Shares of Walmart Inc (NYSE: WMT) soared last week, as CEO Doug McMillon's turnaround plan continues to show momentum despite being in its...
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What You Need To Know From Walmart's Q1 Report
Thursday, May 17, 2018 - 8:02am | 402Walmart Inc (NYSE: WMT) reported Thursday its first-quarter results, which sent shares higher by more than 1.5 percent. What Happened Walmart said it earned $1.14 per share in the first quarter on revenue of $120.7 billion versus Wall Street's estimate of $1.13 per share on revenue of $120.51...