Tag: Walmart

Walmart market cap tops $500B post Q1 results

Shares of Walmart (WMT) are trading higher Thursday, boosted by the company’s first quarter earnings beat, which signaled consumer resilience on spending despite the strain on household budgets. Walmart’s market capitalization also surpassed the $500 billion mark on the heels of its earnings results. Yahoo Finance’s Josh Lipton and Julie Hyman discuss Walmart’s earnings, shedding […]

Walmart lays off hundreds of employees and requires others to relocate

BENTONVILLE, Ark. (AP) — Walmart on Tuesday announced layoffs affecting several hundred jobs at the retail giant’s campus offices. It also said it will require most remote workers and personnel in its Dallas, Atlanta and Toronto offices to relocate to its primary offices in Bentonville, Arkansas; Hoboken, New Jersey; and the San Francisco Bay Area. […]

Walmart shares pop after earnings beat, surpasses $500 billion in market cap

Walmart (WMT) wowed Wall Street yet again, causing shares to jump about 6% in early trading Thursday. For its fiscal 2025 Q1, America’s biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected, while adjusted earnings per share also came in higher at $0.60, compared with estimates of $0.53. CEO Doug McMillion […]

Walmart shares pop after another revenue, earnings beat

Walmart (WMT) wowed Wall Street yet again, causing shares to jump about 6% in early trading Thursday. For its fiscal 2025 Q1, America’s biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected, while adjusted earnings per share also came in higher at $0.60, compared with estimates of $0.53. CEO Doug McMillion […]

Walmart shares pop in pre-market after another revenue, earnings beat

Walmart (WMT) wowed Wall Street yet again, causing shares to jump nearly 7% in pre-market trading. For its fiscal 2025 Q1, America’s biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected, while adjusted earnings per share also came in higher at $0.60, compared to estimates of $0.53. CEO Doug McMillion called […]

Walmart Tops Q1 Estimates and Grows More Bullish on the Year

Walmart Inc. started out 2024 with some momentum — and is feeling more bullish about the year. The mass market giant’s first-quarter net income jumped by more than 200 percent to $5.1 billion, or 63 cents a share. Adjusted earnings per share rose a milder 22.4 percent to 60 cents, which was still well ahead […]

Fountain Walmart evacuated, large police presence

(FOUNTAIN, Colo.) — The Walmart off Highway 85/87 in Fountain has been evacuated after a customer in the parking lot reported being threatened with a gun. A spokesperson with the Fountain Police Department (FPD) said the El Paso County Communications Center first received a call around 9 p.m. on Wednesday, May 15 from a person […]

Walmart lays off hundreds of employees and requires others to relocate

BENTONVILLE, Ark. (AP) — Walmart on Tuesday announced layoffs affecting several hundred jobs at the retail giant’s campus offices. It also said it will require most remote workers and personnel in its Dallas, Atlanta and Toronto offices to relocate to its primary offices in Bentonville, Arkansas; Hoboken, New Jersey; and the San Francisco Bay Area. […]