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Wal-Mart Stores Inc (WMT)

WMT on New York Consolidated

78.13USD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Walmart reports ‍​Q1 earnings per share $1.00
Thursday, 18 May 2017 07:12am EDT 

May 18 (Reuters) - Walmart Stores Inc ::‍​Q1 earnings per share $1.00.Q1 total revenue $117.54 billion versus $115.90 billion.Q1 net sales $116.53 billion versus $114.99 billion.Q1 earnings per share view $0.96, revenue view $117.74 billion -- Thomson Reuters I/B/E/S.‍​Q1 e-commerce growth at Walmart U.S. was strong as sales and GMV increased 63% and 69%, respectively.Excluding currency, Q1 total revenue was $118.8 billion, an increase of 2.5 percent.Sees Q2 earnings per share ‍​$1.00 to $1.08.Sees Walmart U.S. comp sales for the 13-week period ending July 28, 2017 ‍​(ex. fuel) up 1.5% to 2.0%.Sees Sam's Club comp sales (‍​ex. fuel) for the 13-week period ending July 28, 2017 up 1% to 1.5%.Q2 earnings per share view $1.07 -- Thomson Reuters I/B/E/S.  Full Article

Wal-Mart Q1 total U.S. comparable sales, without fuel, up 1.4 pct
Thursday, 18 May 2017 07:10am EDT 

May 18 (Reuters) - Wal-Mart ::Q1 Sam’s club net sales $13,993 million versus $13,608 million.Q1 Walmart International net sales $27,097 million versus $28,083 million.Qtrly Walmart U.S. Comparable sales, without fuel up 1.4 percent.Qtrly Sam's Club comparable sales, without fuel, up 1.6 percent.Qtrly total U.S. Comparable sales, without fuel, up 1.4 percent.Qtrly Walmart U.S. Net sales $75,436 million versus $73,295 million.  Full Article

Wal-Mart close to resolving bribery probe for $300 million - Bloomberg, citing sources
Tuesday, 9 May 2017 03:52pm EDT 

May 9 (Reuters) - :Wal-Mart close to resolving bribery probe for $300 million - Bloomberg, citing sources.  Full Article

Long Island Iced Tea announces new partnership with Sam's Club for Puerto Rico
Tuesday, 25 Apr 2017 08:00am EDT 

April 25 (Reuters) - Long Island Iced Tea Corp :Long Island Iced Tea Corp. announces new partnership with Sam's Club for Puerto Rico.Long Island Iced Tea Corp- Secured placement of its brand Long Island Iced Tea in 11 Sam's Club locations in Puerto Rico that will commence in April 2017.  Full Article

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

More From Around the Web

Wal-Mart's South African arm Massmart reports drop in like-for-like sales

JOHANNESBURG, May 25 South African-based retailer Massmart, majority-owned by Wal-Mart Inc , reported on Thursday a near 2 percent fall in overall same-store sales in the first five months of the current year, as outlets outside its home market underperformed.