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Wal Mart Stores Inc (WMT)

WMT on New York Consolidated

71.28USD
26 Aug 2016
Change (% chg)

$0.06 (+0.08%)
Prev Close
$71.22
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Volume
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$75.19
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Latest Key Developments (Source: Significant Developments)

Wal Mart Q2 consolidated constant currency net sales up 2.3 pct
Thursday, 18 Aug 2016 07:02am EDT 

Wal Mart Stores Inc : Currency negatively impacted qtrly EPS by approximately $0.03 . Qtrly Consolidated Constant Currency Net Sales Up 2.3 Percent .Qtrly Total U.S. Comparable Sales (Without Fuel) Up 1.4 Percent.  Full Article

Wal Mart Stores Q2 adj earnings per share $1.07
Thursday, 18 Aug 2016 07:02am EDT 

Wal Mart Stores Inc : Q​2 earnings per share $1.21; Q2 adjusted earnings per share of $1.07; Q​2 total revenue $120.85 billion versus $120.23 billion . Q2 net sales $119.41 billion versus $119.33 billion . Q2 Walmart U.S. net sales $76.24 billion versus $73.96 billion . Q2 Sam's Club net sales $14.54 billion versus $14.73 billion . Sees Walmart U.S. comparable sales 1.0% to 1.5% for the 13-week period ending Oct. 28, 2016 . Q2 Walmart U.S. comparable sales (without fuel) up 1.6 percent . Q2 earnings per share view $1.02, revenue view $120.16 billion -- Thomson Reuters I/B/E/S . Q2 constant currency revenue $123.60 billion, up 2.8 percent; Q2 consolidated constant currency net sales up 2.3 percent . Q2 globally, on constant currency basis, e-commerce sales, GMV increased 11.8% and 13.0%, respectively . Q2 Walmart International net sales $28.62 billion versus $30.64 billion . Sees Q3 earnings per share $0.90 to $1.00; sees fiscal year 2017 adjusted EPS $4.15 to $4.35 . Sees Sam's Club comparable sales without fuel slightly positive for the 13-week period ending Oct. 28, 2016 . Q2 Sam's Club comparable sales (without fuel) up 0.6 percent . Q3 earnings per share view $0.94 -- Thomson Reuters I/B/E/S .FY2017 earnings per share view $4.27 -- Thomson Reuters I/B/E/S.  Full Article

Wal-Mart to buy Jet.com for about $3.3 bln
Monday, 8 Aug 2016 08:59am EDT 

Wal-Mart Stores Inc : Walmart agrees to acquire Jet.Com, one of the fastest growing e-commerce companies in the U.S. . Says deal for $3 billion in cash and $300 million of Walmart shares . $300 million of Walmart shares will be paid over time as part of transaction . Believes will obtain necessary regulatory approvals to complete transaction, both companies intend to make necessary filings in near future . Walmart and Jet will maintain distinct brands . Walmart.com will focus on delivering company's "everyday low price strategy" .Financial advisors to Walmart on transaction were Allen & Company and J.P. Morgan Securities LLC.  Full Article

Wal Mart in talks to buy Jet.com, which could be valued at $3 bln - WSJ
Wednesday, 3 Aug 2016 11:25am EDT 

:Wal Mart is in talks to buy online discount retailer Jet.com, which could be valued at $3 billion - WSJ, citing sources.  Full Article

Wal Mart in talks to buy web retailer Jet.com - CNBC
Wednesday, 3 Aug 2016 11:24am EDT 

: Wal Mart in talks to buy web retailer Jet.com - CNBC, citing DJ Further company coverage: [WMT.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Sam's Club selects Salesforce to change membership engagement
Thursday, 28 Jul 2016 08:00am EDT 

Salesforce.Com Inc :Sam's club chooses Salesforce to digitally transform its membership engagement.  Full Article

Wal-Mart publishes update on work on Walmart Sustainable Chemistry Policy
Wednesday, 20 Jul 2016 01:09pm EDT 

Wal-Mart Stores Inc : Published progress update on work on Walmart Sustainable Chemistry Policy; update includes progress on removing 8 high priority chemicals Further company coverage: [WMT.N] ((Bengaluru Newsroom; +1 646 223 8780;)).  Full Article

Walmart may continue to operate its existing digital platforms in China
Monday, 20 Jun 2016 12:46pm EDT 

Wal Mart Stores Inc : Walmart may continue to operate its existing digital platforms in China, including Walmart China and Sam's club websites and apps . For Q2, financial impact from transaction is discrete item which is estimated to increase EPS from continuing operations by about $0.16-$0.19 .Walmart will not engage in other e-commerce direct sale, e-commerce marketplace or "O2O" platforms in China.  Full Article

Wal-Mart to sell part of its China business to JD.COM in all-share deal - CNBC, citing DJ
Monday, 20 Jun 2016 12:32pm EDT 

: Wal-Mart to sell part of its China business to JD.COM in all-share deal, valuing its China business at roughly $1.5b - CNBC, citing DJ . Wal-Mart to own 5 pct of JD.COM shares after deal, JD will issue new shares to Wal-Mart - CNBC, citing DJ (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Wal-Mart to sell China e-commerce unit to JD.com
Monday, 20 Jun 2016 12:30pm EDT 

JD.com Inc : Walmart and JD.com announce strategic alliance to serve consumers across China . Says Walmart will receive 144,952,250 newly issued JD.com class A ordinary shares, amounting to approximately 5 percent of total shares outstanding . Agreement between companies includes a wide range of business initiatives, covering both online and offline retail . JD.com will take ownership of Yihaodian marketplace platform assets, including Yihaodian brand, website and app . Says will continue to operate Yihaodian direct sales business and will be a seller on Yihaodian marketplace . Morgan Stanley & Co. LLC acted as Walmart's financial advisor and Morrison & Foerster LLP acted as Walmart's legal advisor . Sam's Club China will open a flagship store on JD.com . Walmart's China stores will be listed as a preferred retailer on JD.com's O2O JV Dada .Orrick Herrington Sutcliffe LLP and Han Kun law offices acted as JD.com's legal advisors.  Full Article

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Dollar General takes the battle to Wal-Mart with price cuts

Discount retailer Dollar General Corp said it was cutting prices on its most popular items such as bread, eggs and milk, intensifying a price war with retail giant Wal-Mart Stores Inc to win back market share.