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Wal-Mart Stores Inc (WMT.N)

WMT.N on New York Stock Exchange

74.94USD
21 Apr 2017
Change (% chg)

$0.14 (+0.19%)
Prev Close
$74.80
Open
$74.74
Day's High
$75.11
Day's Low
$74.61
Volume
1,913,991
Avg. Vol
2,706,362
52-wk High
$75.11
52-wk Low
$62.72

Latest Key Developments (Source: Significant Developments)

Wal-Mart CEO McMillon’s 2017 total compensation $22.4 mln, Co says Carla Harris is new director nominee
Thursday, 20 Apr 2017 05:03pm EDT 

April 20 (Reuters) - Walmart :Wal-Mart Stores CEO Douglas McMillon’s 2017 total compensation, for fiscal year ended Jan. 31, $22.4 million versus $19.8 million in 2016 - SEC filing.Wal-Mart - CFO Brett Biggs's 2017 total compensation, for fiscal year ended Jan. 31, $6.4 million versus $8.6 million in 2016.Wal-Mart announces Carla Harris as a new director nominee.Wal-Mart - Linda wolf and Pam Craig are retiring from the board and will not stand for re-election.Wal-Mart says this year’s proxy materials seek shareholders’ vote on 11 director nominees.Wal-Mart - New independent nominee Carla Harris is vice chair of the wealth management business segment of Morgan Stanley.  Full Article

Walmart in advanced talks to acquire online men’s retailer Bonobos - Recode
Friday, 14 Apr 2017 05:20pm EDT 

:Walmart is in advanced talks to acquire online men’s retailer Bonobos - Recode, citing sources.  Full Article

Mclane Company Inc says announced renewal of service agreement with Walmart
Monday, 3 Apr 2017 09:37am EDT 

Mclane Company Inc : Announced a renewal of its service agreement with Walmart . As part of deal, co to continue to deliver to Walmart stores across U.S., to become sole provider of candy, tobacco products to majority of Walmart’S stores Further company coverage: [WMT.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Walmart's Vudu launches mobile offering to convert DVDs and Blu-Rays into digital libraries
Thursday, 23 Mar 2017 12:01am EDT 

Wal-mart Stores Inc :Walmart's video streaming service Vudu launches mobile offering to convert DVDs and Blu-Rays into digital libraries.  Full Article

Dollar Tree - "We are going to watch everyone this year as we go into price checks ...we will react accordingly"
Wednesday, 1 Mar 2017 10:06am EST 

Dollar Tree Inc : At conf call - operate 226 stores in canada and believe we have an opportunity for 1000 stores over time . Q4 top-performing categories for Dollar Tree include candy, seasonal, party supplies , snacks and beverages, toys and household products . Q4 top-performing categories for Family Dollar included electronics, snacks and beverage, candy, men's apparel and cough and cold supplies . 2017 real estate plans include 650 new stores- 350 Dollar Tree and 300 Family Dollar stores. . Planning for capital expenditures of $760 million-$780 million, will be focused on new stores and remodels . Forecast does not include share repurchases for 2017 . CEO- "we, like most other retailers, feel that the border tax would result in a significant burden to the consumer, both through reduced choices and higher prices" . CEO- "working with the NRF , Retail Industry Leaders Association and the Americans For Affordable Products group to express our concerns" . On rivals investing in price- "we are going to watch everyone this year as we go into price checks and see what they are doing across the shelves and we will react accordingly, but to some degree, it's not new news" . "we are going to be mindful of where a Walmart is (on pricing) and certainly anybody in our sector , but we have more than one tool to go to to show customers value in our store" Further company coverage: [DLTR.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Castle Brands announces national supply agreement with Walmart
Tuesday, 28 Feb 2017 08:00am EST 

Castle Brands Inc : Castle brands inc - consumers can expect to find goslings stormy ginger beer in walmart stores in march 2017 . Castle brands inc - agreement to supply goslings stormy ginger beer and goslings stormy diet ginger beer to all u.s. Walmart stores . Castle brands announces national supply agreement with walmart .Castle brands inc - agreement to supply approximately 4,500 walmart stores with goslings stormy ginger beer.  Full Article

Wal-Mart sees FY sales growth of 2 to 3 pct- conf call
Tuesday, 21 Feb 2017 09:00am EST 

Walmart Stores Inc : Sees full year sales growth of between 2 and 3 percent, including $3 billion impact on sales due to forex Further company coverage: [WMT.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Walmart says anticipates currency impact on net sales of about $3 bln for the year
Tuesday, 21 Feb 2017 07:27am EST 

Wal Mart Stores Inc : Walmart says "in the U.K., we faced some challenges this past year and we’re addressing these with urgency" -- management earnings call transcript . "Now that we will be lapping the U.S. wage increases from fiscal year 2017, we would expect to slightly lever expenses" in FY 2018 . Walmart sees Q1 net sales, on constant currency basis, to grow between 3 and 4 percent . Q1 revenue view $117.81 billion -- Thomson Reuters I/B/E/S . Walmart says Q4 Walmart International reported net sales declined 5.1 percent, impacted by a $2.6 billion currency headwind .Based on current exchange rates, anticipate a currency impact on net sales of approximately $3 billion for the year.  Full Article

Walmart raises annual dividend to $2.04 per share
Tuesday, 21 Feb 2017 07:16am EST 

Wal-mart Stores Inc : Walmart raises annual dividend to $2.04 per share, marking 44th consecutive year of dividend increases . Walmart raises annual dividend to $2.04 per share, marking 44th consecutive year of dividend increases .Walmart says new annual dividend is an increase of 2 percent from $2.00 per share paid for last fiscal year.  Full Article

Wal-Mart Stores reports 12.1 pct passive stake in JD.com as of Dec. 31 - SEC Filing
Friday, 3 Feb 2017 04:48pm EST 

JD.com Inc : Wal-Mart Stores Inc reports 12.1 percent passive stake in JD.com Inc as of December 31 - SEC Filing .Wal-Mart Stores Inc had previously reported 10.8 percent passive stake in JD.com Inc as of October 5, 2016.  Full Article

More From Around the Web

Judge tees up 2018 trial in Wal-Mart employee seating case

A federal judge in California said on Thursday that a trial in a long-running class action claiming Wal-Mart Stores Inc violated California law by failing to provide seating to its cashiers will start in the fall of 2018.