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Zacks News
Walmart Inc., which removed “Stores” from its name in 2018, has evolved from just being a traditional brick-and-mortar retailer into an omnichannel player. In this regard, acquisitions of Jet.com, Bonobos, Moosejaw and Parcel, partnership with JD.com and Lord and Taylor, and investment in online e-commerce platform Flipkart are noteworthy. These position the company to keep pace with the changing retail ecosystem and stay firm in the presence of rivals like Amazon and Target. Markedly, Walmart’s product offerings include almost everything from grocery to cosmetics, electronics to stationery, home furnishings to health and wellness products, and apparel to entertainment products, to name a few. The company operates as Walmart in the United States (its largest segment), including the 50 states, Washington D.C. and Puerto Rico. Its International segment (second largest) operated businesses in 26 countries as of Jan 31, 2019. Apart from United States, Walmart has operations in Argentina, Canada, Chile, China, India, Japan, Mexico, United Kingdom, Africa and Central America. The company operates in Mexico as Walmex, in the U.K. as Asda, in Japan as Seiyu, and in India as Best Price.
Costco Continues with its Positive Comparable Sales Trend
by Zacks Equity Research
After reporting flat comparable-store sales in August, Costco (COST) has continued to post positive comps so far.
Here's Why Costco (COST) Stock Tumbled 4% Today
by Madeleine Johnson
On Friday, shares of wholesale retailer Costco (COST) closed the day down over 4% to $170.26 per share after the company reported disappointing second-quarter fiscal 2017 quarterly earnings.
Costco (COST) Earnings and Revenues Miss Estimates in Q2
by Zacks Equity Research
Costco (COST) delivered second straight quarter of negative earnings surprise as it reported second-quarter fiscal 2017.
Here's Why Target (TGT) Stock Plummeted After Earnings
by Ryan McQueeney
Shares of Target (TGT) fell more than 11.5% in morning trading Tuesday after the discount retailer released its abysmal fourth-quarter earnings report. With the retail landscape already showing plenty of volatility, investors are fleeing from companies like Target that are struggling to compete.
Wal-Mart Upgrades App for Pharmacy & Money Service Customers
by Zacks Equity Research
Retail giant Wal-Mart Stores Inc. (WMT) has announced to upgrade its mobile app which will benefit its pharmacy and money services customers.
The Zacks Analyst Blog Highlights: Wal-Mart Stores, Home Depot, E I Du Pont De Nemours, Dow Chemical and Johnson & Johnson
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Wal-Mart Stores, Home Depot, E I Du Pont De Nemours, Dow Chemical and Johnson & Johnson
The Zacks Friday Finish Line Highlights: Snapchat's Upcoming IPO + TSLA, WMT Earnings
by Madeleine Johnson
The Zacks Friday Finish Line Highlights: Snapchat's Upcoming IPO + TSLA, WMT
The Zacks Stocks in the News Blog Highlights: Apple, Popeyes, General Motors, Retail Earnings
by Madeleine Johnson
The Zacks Stocks in the News Blog Highlights: Apple, Popeyes, General Motors, Retail Earnings
Technology Stocks' Q4 Earnings on Feb 27: WDAY, RP & SSTK
by Zacks Equity Research
Here we take a look at three technology companies that are set to report their quarterly earnings on Feb 27.
Is Wal-Mart's Upbeat Q4 a Godsend for Consumer ETFs?
by Sanghamitra Saha
Wal-Mart beat the Zacks Consensus Estimate on both the fronts and put these consumer ETFs in focus.
Wal-Mart (WMT) Hikes Dividend, Boosts Shareholder Value
by Zacks Equity Research
Retail giant, Wal-Mart Stores Inc. (WMT) has announced a 2% hike in its annual cash dividend to $2.04 per share.
Retail Earnings Roundup: WMT, M, HD Soar After Impressive Reports
by Ryan McQueeney
After a spree of disappointing holiday sales announcements, investors have been less-than-excited about a tepid retail industry that has continued to struggle in the face of changing consumer behavior. However, solid fourth-quarter reports from Wal-Mart (WMT), Macy's (M), and Home Depot (HD) have investors in a frenzy on Tuesday.
by Zacks Equity Research
Wal-Mart (WMT) Beats on Q4 Earnings and Sales
by Zacks Equity Research
Wal-Mart (WMT) Beats on Q4 Earnings and Sales
Is the Market Pricing the Risks?
by Sheraz Mian
We discuss the downside risks to the current market rally that pushed stocks into record territory.
Can Lidl Compete with Aldi in the U.S.?
by Madeleine Johnson
Well-known across Europe, Lidl is a discount supermarket giant based in Germany. It's set to make its U.S. debut this summer, but can its compete with top rival Aldi?
Retail in Focus as Q4 Earnings Season Winds Down
by Sheraz Mian
Retail sector stocks have lagged the broader market since the November elections.
What's in Store for Wal-Mart (WMT) This Earnings Season?
by Zacks Equity Research
Retail giant Wal-Mart Stores Inc. (WMT), is set to report fourth-quarter fiscal 2017 results on Feb 21.
Costco's (COST) Strategic Endeavors Bode Well
by Zacks Equity Research
A differentiated product range enables Costco (COST) to provide an upscale shopping experience for its members, resulting in market share gains and higher sales per square foot.
Walmart Splurges $51 Million on Outdoor Retailer Moosejaw
by Madeleine Johnson
On Wednesday, retail giant Walmart (WMT) announced its acquisition of Moosejaw, a popular and fast-growing outdoor retailer, for $51 million. The all-cash deal closed on February 13.
First Data (FDC) Q4 Earnings: Is a Surprise in the Cards?
by Zacks Equity Research
First Data Corporation (FDC), a leading provider of electronic commerce solutions, is set to report fourth-quarter 2016 results on Feb 13.
The Zacks Analyst Blog Highlights: Nordstrom, Twitter, Walmart, TJ Maxx and Ralph Lauren
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Nordstrom, Twitter, Walmart, TJ Maxx and Ralph Lauren
Whole Foods (WFM) Meets Q1 Earnings, Lags Sales; Trims View
by Zacks Equity Research
Whole Foods (WFM) posted first-quarter fiscal 2017 adjusted earnings of 39 cents a share that came in line with the Zacks Consensus Estimate.
Factors That Set the Tone for Whole Foods (WFM) Q1 Earnings
by Zacks Equity Research
Despite prevailing headwinds, Whole Foods (WFM) has been quite resilient and increased roughly 3% in the said time frame.
Dollar Tree's Prospects Appear Promising: Should You Add?
by Zacks Equity Research
Dollar Tree (DLTR) seems to be well positioned on the back of its long-term strategies and growth initiatives to serve its patrons better.