Walmart Inc (WMT) News

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Yep, Walmart and Costco have been very good to me. I am thinking about greeting customers at the front door of Walmart just for fun. The freaks that shop there have made us lots of money. Thank you freaks

. An investment firm raised their target 1 yr price to 82 today. I purchased a chunk of Wally world stock when I retired last year. One of the best financial things I've ever done.

Slow steady rise post split …… nice.

$WMT

Walmart share price ASCENDING TRIPLE TOP BREAKOUT today, on 5-July-2024. GLTA

Again, thank you hood rats for shopping at Walmart

WMT new 52 week high

Walmart has evolved with the market after the pandemic

Short term target should get us between 70 and 75

I'm shopping for $$$...just bought me 5 6/28 70 calls @.10

WMT new 52 week high

This one and COST are steady money makers man

Thanks hoodrats for shopping at Walmart

I tode you boys, LOL We hit another lick here at old Walmart....YEEEEHAAAAAAA

LOL, gettin rich man........weeeeeee

Walmart reports strong revenue growth of 6.0% with operating income growing faster at 9.6%; adjusted operating income up 13.7%

Source: Business Wire
eCommerce up 21% globally, led by store-fulfilled pickup & delivery and marketplace

GAAP EPS of $0.63; Adjusted EPS of $0.60

Company issues guidance for Q2; updates outlook for FY25

Walmart Inc. (NYSE: WMT):

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240515384336/en/

First Quarter Highlights:

Consolidated revenue of $161.5 billion, up 6.0%, or 5.8% (in constant currency), including a benefit of ~1% from an additional selling day
Consolidated gross margin rate up 42bps due to improvements across segments, led by Walmart U.S.
Consolidated operating income up $0.6 billion, or 9.6%; adjusted operating income up 13.7%, due to higher gross margins and growth in membership income
Global eCommerce sales grew 21%, led by store fulfilled pickup & delivery and marketplace
Global advertising business grew 24%, including 26% for Walmart Connect in the U.S.
Adjusted EPS of $0.60 excludes the effect, net of tax, from a net gain of $0.05 on equity and other investments and business reorganization charges of $0.02
Global inventory down 2.7%, including a decrease of 4.2% for Walmart U.S.; in-stock levels healthy
The company will hold a live conference call with the Investment Community at 7 a.m. CST Thursday, May 16, 2024, to discuss the company’s first quarter earnings results for fiscal year 2025. The event will be webcast live and is accessible by visiting https://corporate.walmart.com/news/events and selecting the First Quarter Earnings Release event. The webcast will be archived and available on the company website.

About Walmart

Walmart Inc. (NYSE: WMT) is a people-led, tech-powered omnichannel retailer helping people save money and live better - anytime and anywhere - in stores, online, and through their mobile devices. Each week, approximately 255 million customers and members visit approximately 10,500 stores and numerous eCommerce websites in 19 countries. With fiscal year 2023 revenue of $611 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and employment opportunity. Additional information about Walmart can be found by visiting https://corporate.walmart.com, on Facebook at https://facebook.com/walmart, on Twitter at https://twitter.com/walmart, and on LinkedIn at https://www.linkedin.com/company/walmart/.


View source version on businesswire.com: https://www.businesswire.com/news/home/20240515384336/en/

Investor Relations Contacts
Steph Wissink
Senior Vice President, Investor Relations
ir@walmart.com

Kary Brunner
Sr. Director, Investor Relations

Media Relations Contact
Molly Blakeman
Group Director, Global Communications
800-331-0085

Yep, slow and steady, wmt and Costco are makin bacon man.

Huge WMT news just now out. Walmart is getting into the very profitable HEALTH business in a VERY big way. Huge.

Good point and I know that they are working on it. Yes - the website needs to be upgraded.

Totally agree. Any stock price for WMT below $70.00 per share is a gift. Huge.

a good buy below $55

imo

Walmart headquarters is gearing up for some massive growth. This whole town is a construction site.

time to buy here imo

Walmart should revamp their horrible website. Everything else is great but Amazon relies on their website so why can't Walmart when they have retail outlets as well? They could crush Amazon. If they had a similar website this could be trading over $230+

More than just groceries: Now Walmart is selling its software
Walmart ($WMT) isn’t just selling groceries and clothes anymore — it’s also selling software to logistics giants. The company now offers its Route Optimization tool, which helps businesses map efficient delivery routes. It saved Walmart over $90M in a year as part of a surprising embrace of SaaS (“software as a service”).
Walmart’s move into software marks a diversification strategy, as the retail giant aims for faster-growing businesses and higher profit margins, as reported by Bloomberg.
The introduction of Route Optimization, Store Assist, and its AI-powered search also positions Walmart as a first-mover in AI — boosting efficiency for both shoppers and retailers.
Thinking beyond retail: Earlier this month, Walmart acquired Vizio ($VZIO) in an effort to enter the connected TV space. Walmart sees significant profit potential in this area, particularly through advertising across its properties. Last year, its ad business grew by 28% to $3.4B — a far cry from Walmart’s retail numbers but indicating a promising segment that should grow in the coming years.

LOL There is an old saying, “you can pick your friends, and you can pick your nose, but you can’t pick your friends nose”.

Sir, you can’t pick your nose much less a stock price

IMHO When WMT steady growth.

WMT new 52 week hi

3:1 fwd split

Waltons master plan 3/1 split and sell sell and sell somemore!

WMT new 52=week high

And it held up just fine bruh

Walton family just sold 4.5 Billion dollars worth of Walmart stock.
Jim , Alice and Rob 1.5 billion each

Yes

3 for 1
https://finance.yahoo.com/video/walmarts-3-1-stock-split-143841058.html

Was it 1 for 3 forward split?

Bought the new split price...W-MT going long

180 tomorrow!

Another great call you made.

Did you mean $200 sir? All time high yesterday. Wink wink

Did you mean $200 sir? All time high yesterday. Wink wink

WMT new 52=week high

WMT new 52 week high

We are chipping away here. WMT will be just fine.

WMT: effective Feb. 26,2024 a 3 for one forward split:

https://hedgefollow.com/upcoming-stock-splits.php

3:1 split… nice surprise. Calls gonna print $$$

Population grows Walmart grows can’t make this shit up 157.00

The charts are looking good. The Dailies have been in Uptrend since Dec. 18, 2023. The Weekly looks like close to confirm it soon. Happy new Year 2024 & GLTA.

Very Nice News!! Go Walmart!!