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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.
Walmart's (WMT) Memomi Buyout to Fuel Health & Wellness Mission
by Zacks Equity Research
Walmart (WMT) to acquire an augmented reality optical tech company, Memomi. Management expects to conclude the acquisition in the coming weeks.
New Strong Sell Stocks for June 30th
by Zacks Equity Research
WMT, EC, and CNMD have been added to the Zacks Rank #5 (Strong Sell) List on June 30, 2022.
Walmart (WMT) Stock Moves -1.41%: What You Should Know
by Zacks Equity Research
In the latest trading session, Walmart (WMT) closed at $122.37, marking a -1.41% move from the previous day.
Reflections from Sintra Portugal: Global Week Ahead
by John Blank
The Fed has Jackson Hole, but the ECB has Sintra, its very own central bank forum in the foothills of Portugal's Sintra Mountains.
Ulta Beauty and DoubleDown Interactive have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Ulta Beauty and DoubleDown Interactive are part of Zacks Bull and Bear of the Day article.
New Strong Sell Stocks for June 27th
by Zacks Equity Research
CNMD, WMT, and CAH have been added to the Zacks Rank #5 (Strong Sell) List on June 27, 2022.
Walmart (WMT) Down More Than 10% in 3 Months: Here's Why
by Zacks Equity Research
Walmart (WMT) is grappling with supply0chain hurdles, escalated costs and persistently elevated inflation.
Amazon (AMZN) Ups Robotics Game With Launch of Proteus
by Zacks Equity Research
Amazon (AMZN) bolsters its robotics efforts with Proteus, which is likely to add efficiency to its fulfillment operations.
Bear of the Day: Best Buy Co., Inc. (BBY)
by Benjamin Rains
Best Buy Co., Inc. (BBY) faces a quickly changing consumer spending environment and rising inflation.
Zacks Earnings Trends Highlights: Lennar, Microsoft, Salesforce, Target and Walmart
by Zacks Equity Research
Lennar, Microsoft, Salesforce, Target and Walmart have been highlighted in this Earnings Trend article.
Bull of the Day: Dollar Tree, Inc. (DLTR)
by Benjamin Rains
Discount retail standout Dollar Tree, Inc. (DLTR) has grown during an array of economic environments and it's poised to thrive as more Americans tighten their purse strings. Dollar Tree posted solid first quarter growth in late May and upped its guidance...
Walmart (WMT) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
Walmart (WMT) closed at $120.69 in the latest trading session, marking a -1.21% move from the prior day.
Will Earnings Estimates Finally Come Down?
by Sheraz Mian
Part of the uncertainty in the market at present is related to how earnings estimates should evolve in an aggressive Fed tightening cycle. The market has a sense of what should happen to earnings estimates, but it isn't seeing much of that just yet.
Will Earnings Estimates Finally Come Down?
by Sheraz Mian
Part of the uncertainty in the market at present is related to how earnings estimates should evolve in an aggressive Fed tightening cycle. The market has a sense of what should happen to earnings estimates, but it isn't seeing much of that just yet.
Omnicom (OMC) Announces Strategic Partnership With Instacart
by Zacks Equity Research
Through the collaboration, Omnicom (OMC) and Instacart can help brands understand which products suit their audiences through basket analysis and assessment of content consumption trends.
ROKU Inks Deal With Walmart, Fuses E-commerce With TV Ads
by Zacks Equity Research
Roku (ROKU) announces a partnership with retail giant Walmart to innovate shopping experience by making TV streaming the next e-commerce destination.
Why Is Walmart (WMT) Down 2.5% Since Last Earnings Report?
by Zacks Equity Research
Walmart (WMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Looking Ahead to the Q2 Earnings Season as the Fed Hikes Rates
by Sheraz Mian
Excluding the hefty contribution from the Energy sector, total Q2 earnings for the rest of the S&P 500 index are expected to be down -5.1% on +7.4% higher revenues...
Looking Ahead to the Q2 Earnings Season as the Fed Hikes Rates
by Sheraz Mian
Excluding the hefty contribution from the Energy sector, total Q2 earnings for the rest of the S&P 500 index are expected to be down -5.1% on +7.4% higher revenues...
Amazon (AMZN) Plans to Debut Drone Delivery Service This Year
by Zacks Equity Research
Amazon (AMZN) gears up to offer drone delivery service later this year, for which it has picked Lockeford, CA, as the first location.
Bear of the Day: Target Corporation (TGT)
by Benjamin Rains
Target stock tumbled 25% following its Q1 report, for its worst one-day showing since Black Monday in 1987. Target then on June 7 slashed its outlook again, citing inventory imbalances and more.
Stock Market News for Jun 8, 2022
by Zacks Equity Research
U.S. stocks closed higher for the second straight day on Tuesday, led by a rally in tech and energy stocks.
Walmart (WMT) to Add Four Fulfillment Centers to Boost Delivery
by Zacks Equity Research
Walmart (WMT) is constructing four next-generation fulfillment centers in the next three years. It has partnered with a tech company, Knapp, to provide smart fulfillment solutions for the facilities.
New Strong Sell Stocks for May 31st
by Zacks Equity Research
T, PYPL, and WMT have been added to the Zacks Rank #5 (Strong Sell) List on May 31, 2022.
Wave of Dismal Q1 Earnings Drags Retail ETFs Down
by Sweta Killa
The overall earnings picture for the retail sector in Q1 earnings has been disappointing, raising questions about the health of the consumer in the current inflationary environment