Wal-Mart Stores Inc (WMT)
26 May 2017
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.
* Announces $450 million in 2017-2018 investments throughout Florida, plans to hire more than 2,750 Floridians
NEW YORK (Reuters Breakingviews) - Wal-Mart’s online therapy may help revive ailing retailers. The $242 billion giant is starting to reap the benefits of embracing e-commerce while shares in digital laggards like Macy’s and J.C. Penney plummeted after poor results. Unless they follow the behemoth’s lead, they’re likely to hand more market share to Wal-Mart and internet megastore Amazon.
* Indexes up: Dow 0.9 pct, S&P 0.96 pct, Nasdaq 0.82 pct (Updates to late afternoon, adds commentary, changes byline)
CHICAGO Wal-Mart Stores Inc on Thursday reported higher-than-expected quarterly sales at established U.S. stores, as investments to bring more customers into the discount retailer paid off and a bigger push into e-commerce boosted online purchases, sending its shares flirting near a 52-week high. | Video
CHICAGO, May 18 Wal-Mart Stores Inc on Thursday reported higher-than-expected quarterly sales at established U.S. stores, as investments to bring more customers into the discount retailer paid off and a bigger push into e-commerce boosted online purchases, sending its shares flirting near a 52-week high.
LONDON, May 18 Asda, the British supermarket arm of Wal-Mart, the world's largest retailer, said on Thursday its rate of sales decline eased slightly in its latest quarter as a new management team started to make its mark.
CHICAGO, May 18 Wal-Mart Stores Inc reported higher-than-expected quarterly comparable sales on Thursday, helped by greater traffic at Wal-Mart and Sam's Club stores and a rise in online sales.
* Q1 earnings per share view $0.96, revenue view $117.74 billion -- Thomson Reuters I/B/E/S
* Q1 Sam’s club net sales $13,993 million versus $13,608 million
|Costco Wholesale Corporation (COST.OQ)||$178.06||+3.33|
|BJ's Wholesale Club, Inc. (BJ.N)||--||--|
|Target Corporation (TGT.N)||$54.40||+0.20|
|Amazon.com, Inc. (AMZN.OQ)||$991.80||-1.58|
|Best Buy Co Inc (BBY.N)||$59.40||-1.85|
|Sears Holdings Corp (SHLD.OQ)||$7.76||-0.72|
|Macy's Inc (M.N)||$23.46||+0.10|
|Dollar Tree, Inc. (DLTR.OQ)||$78.04||-0.76|