Company
Walmart Inc
NYSE:WMT
Walmart Inc. is a technology-powered omni-channel retailer. The company provides the opportunity to shop in both retail stores and through e-commerce and to access its other service offerings. It offers an assortment of merchandise and services at everyday low prices (EDLP). It operates through three segments: Walmart U.S., Walmart International and Sam's Club.
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Walmart sets aside US$3.1bn to settle opioid-drug related lawsuits
Walmart has joined other pharmacies in announcing a settlement in opioid-related lawsuits
Walmart, Walgreens and CVS agree to pay $13.8B to settle US opioid claims
CVS said on Wednesday it had agreed to pay about $5 billion over 10 years, and Walgreens said that it had agreed to pay about $5.7 billion over 15 years
FTSE 100 ends lower after UK inflation jump; Wall Street weak on flat retail sales ahead of Fed minutes
At the close, the UK blue-chip index was down 20.31 points, or 0.3% at 7,515.75, above the day’s low of 7,501.54 but well below the session peak of 7,554.04
Walmart raises guidance as second quarter not as bad as feared
Revenues in total rose by 8.4% to US$152.9bn helped by a 6.5% improvement in the US home market.
Walmart expects top-line boost at expense of margins
Inflation, discretionary spending and discounting make for an average outlook for tomorrow’s second quarter earnings
Walmart issues profit warning amid bubbling recession fears
Profit margins and earnings expected to take a second-quarter hit
Hardware & electrical equipment
WalMart eyes benefits of hydrogen delivery vehicles in wider trials
Due to the manifold benefits that hydrogen provides, the company said it is also an option for its long-haul over the road tractors
Walmart prepares to make own cryptocurrency and NFT
The company filed to use its name and logo in augmented and virtual reality, while a Bloomberg article said filing for names like ‘verse to home’ and ‘verse to store’ is a good indicator of its intent to make a virtual shopping experience i