For retailers, it is a season of discontent. From Walmart Inc. to Nordstrom Inc., retailers have a glut of inventory and are discounting items to clear out space for holiday goods. Many have already l...
Tag: Walmart
Walmart Volatility Off April Highs, Here’s How To Trade It Now
(Photo by Jeff Zelevansky) Getty Images Walmart WMT traded as high as $160.77 on April 21, then traded as low as $117.27 on May 20. Since this low the stock traded as high as $142.72 on August 17. Wal...
Can Employee Ownership Save Capitalism?
Wilson Electric Services , a full-service commercial electrical contractor with nine locations in … [+] the Western USA is 100% employee owned Lisa McFate, Wilson Electric Services As I have res...
Shoppers Are Getting Cheap. Here Are Stocks to Buy in a Trade-Down Economy
I regret buying a twin pack of 40-ounce ranch dressing jugs this past week. It’s not that I over-ranched—the warehouse club industry was built around rewarding extreme condiment commitments with low u...
Walmart’s Supply Chain Woes
PARK CITY – JANUARY 22: (Photo by Mark Mainz/Getty Images) Getty Images On August 15th, WalmartWMT had a call with financial analysts to discuss their second quarter earnings. Walmart has about ...
Damages Set In The Belwether Opioid Trial
For more than a year I have been covering what I have felt are serious problems with Judge Dan Aaron Polster’s handling of mass tort litigation pitting two Ohio counties (Lake County and Trumbull Coun...
Retailers Like Best Buy Already Flocking To Join Drugstores To Sell Hearing Aids This Fall
Best Buy plans to sell hearing aids this fall under new rules being implemented by the U.S. Food and … [+] Drug Administration to allow for the over-the counter sale of certain hearing devices. ...
Target’s Second Quarter Results Underwhelm
Target’s profit missed Wall Street’s expectations dramatically, particularly when comparing to … [+] yesterday’s Walmart Q2 results which beat Street expectations. Getty Images Target’s second q...
Dow Futures Dip as Wall Street Seeks Rates Guidance From the Fed
Text size The focus for investors Wednesday will be on minutes from the latest Federal Reserve meeting. Getty Images Stock futures dipped Wednesday after strong earnings reports from Walmart and Home ...
Walmart (WMT) earnings Q2 2023
A shopper wearing a protective mask shops in a Walmart store on May 18, 2021 in Hallandale Beach, Florida. Joe Raedle | Getty Images Walmart on Tuesday said sales grew more than 8%, but profits tighte...
Walmart CEO Doug McMillon says even wealthier families are penny-pinching
Walmart CEO Doug McMillon said even wealthier families are penny-pinching as inflation drives up the price of groceries. In an interview Tuesday on CNBC’s “Squawk on the Street,” the...
Walmart, Bed Bath & Beyond, Zoom, Ally and more
Vehicles pass a Walmart store in Torrance, California, on Sunday, May 15, 2022. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Walmart, Home Depot — T...
Walmart Reports Q2 Earnings And Will Stream Paramount To Members
Photographer: Bing Guan/Bloomberg © 2022 Bloomberg Finance LP It’s been a busy week at WalmartWMT . The company reported comparable store sales increased in domestic stores 6.5% and e-commerce rose 12...
Walmart Jumps Over 5% After Solid Earnings And Further ‘Progress’ Reducing Inventory Levels
Topline Shares of the nation’s largest retailer, Walmart, surged over 5% on Tuesday after the company reported revenue and profits that came in above Wall Street expectations, while management also ci...
Home Depot, Walmart, Masimo and more
Check out the companies making headlines before the bell: Home Depot (HD) – Home Depot reported a quarterly profit of $5.05 per share, 11 cents above estimates, with revenue and comparable store sales...
YouTube Building A One-Stop Streaming Video Store
Photo by Chris McGrath/Getty Images. Getty Images YouTube continues to expand out if its core free video offering. After adding YouTube TV in 2017, a cable-like service with more than 100 broadcast an...
Dow Jones Futures Fall: Fed Minutes, Home Depot, Walmart Earnings Up Next
Dow Jones futures were lower after Monday’s stock market action. Dow Jones stocks Home Depot (HD) and Walmart (WMT) will report ahead of Tuesday’s open followed by key economic data — Fed ...
Walmart strikes streaming deal with Paramount
In this photo illustration, a woman’s silhouette holds a smartphone with the Walmart logo displayed on the screen and in the background. Rafael Henrique | Lightrocket | Getty Images Walmart has ...
Video Streaming Could Be Key To Walmart+/Amazon Prime Rivalry
WalmartWMT is looking to add video streaming as a perk for joining its Walmart+ subscription plan, according to numerous reports. “Yes, yes, yes!” wrote RetailWire BrainTrust member Kai Clarke, CEO of...
What Stocks Are Making Moves Monday? Li Auto, NIO, Peloton, and More.
Text size A trader works on the floor of the New York Stock Exchange. Michael Nagle/Bloomberg Stock futures were trading lower Monday after China cut interest rates following data that showed the worl...
Walmart, Target, Cisco, Deere, Housing Data, and Other Things for Investors to Watch This Week
Text size Earnings season continues next week in what will be an action-packed stretch for retail stocks. Walmart and Home Depot report results on Tuesday, followed by Bath & Body Works , Lowe’s, ...
Much Anticipated Quarterly Reporting For Target, Walmart
Target and Walmart report Q2 2022 results August 16th and 17th respectively, and the Street is ready … [+] for the heat. Getty Images Investors and retail industry watchers are anticipating next...
EQIFi opens $EQX holders to Amazon, Walmart p…
What was Bitcoin’s original value proposition? Was it to be bought and HODLed in a Ledger wallet for 20 years? The answer is to be used to buy milk, iPhones, and cars. While bitcoin can be used to buy...
Inflation Is A Top Concern For Parents This Back-To-School Season
Diverse group of children getting on school bus getty Inflation is a major concern this back-to-school season, and retailers are focused on finding a clear message that promotes value without sacrific...
Stocks Poised to Open Lower on Monday
Stocks are poised to open lower on Monday ahead of a big week of retailer earnings. Angela Weiss/AFP via Getty Images Text size U.S. stocks are poised for a lower open on Monday as investors prepare t...