• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Symbotic Completes Acquisition of Walmart's Advanced Systems and Robotics Business and Signs Related Commercial Agreement

    1/28/25 6:30:00 AM ET
    $SYM
    $WMT
    Industrial Machinery/Components
    Industrials
    Department/Specialty Retail Stores
    Consumer Discretionary
    Get the next $SYM alert in real time by email

    WILMINGTON, Mass., Jan. 28, 2025 (GLOBE NEWSWIRE) --  Symbotic Inc. (NASDAQ:SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it has both completed the acquisition of the Advanced Systems and Robotics business from Walmart (NYSE:WMT) and signed the related commercial agreement with Walmart covering the development and deployment of automation systems for Accelerated Pickup and Delivery centers ("APDs") at Walmart stores (the "Commercial Agreement").

    Walmart has chosen Symbotic to develop, build and deploy an advanced solution leveraging Symbotic's A.I.-enabled robotics platform to offer Walmart customers greater shopping convenience through accelerated online pickup and delivery options at stores. Under the terms of the Commercial Agreement, Symbotic will engage in a development program funded by Walmart to enhance current online pickup and delivery fulfillment systems as well as to design new systems to meet the needs of current and future customers. If performance criteria are achieved, Walmart is committed to purchasing and deploying systems for 400 APDs at stores over a multi-year period, with Walmart's option to add additional APDs in the coming years. Associated with the development program, Walmart will pay Symbotic a total of $520 million, including $230 million that was paid at the closing of the acquisition of the Advanced Systems and Robotics business from Walmart.

    The transaction and new agreement could increase Symbotic's future backlog by more than $5 billion and adds a micro-fulfillment solution that expands its addressable market by more than $300 billion in the United States alone.

    "We're excited to expand upon our long-term relationship with Walmart while broadening our product offering to automation at the store to support the growth of eCommerce," said Rick Cohen, Chairman and Chief Executive Officer of Symbotic.

    ABOUT SYMBOTIC

    Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world's largest retail, wholesale, and food & beverage companies. Applying next-generation technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce, Symbotic transforms the flow of goods and the economics of the supply chain for its customers. For more information, visit www.symbotic.com.

    FORWARD-LOOKING STATEMENTS

    This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but are not limited to, our expectations or predictions of future financial or business performance or conditions. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning our possible or assumed future actions, business strategies, events, backlog, or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words "believes," "estimates," "expects," "projects," "forecasts," "may," "will," "should," "seeks," "plans," "scheduled," "anticipates," or "intends" or similar expressions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed in Symbotic's filings with the U.S. Securities and Exchange Commission (the "SEC"), including the sections titled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" contained therein. These risk factors will be important to consider in determining future results and should be reviewed in their entirety. These forward-looking statements are expressed in good faith, and Symbotic believes there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and Symbotic is not under any obligation, and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports, which Symbotic has filed or will file from time to time with the SEC.

    In addition to factors previously disclosed in Symbotic's filings with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: failure to realize the benefits expected from the transactions described herein (the "Transactions"); business disruption following the Transactions; the occurrence of any event, change or other circumstance that could give rise to the termination of the agreements entered into in connection with the Transactions, including the Commercial Agreement; the effect of the Transactions on Symbotic's business relationships, performance, and business generally; the amount of the costs, fees, expenses and other charges related to the Transactions; and other consequences associated with joint ventures and legislative and regulatory actions and reforms.

    Any financial projections in this communication are forward-looking statements that are based on assumptions that are inherently subject to significant uncertainties and contingencies, many of which are beyond Symbotic's control. While all projections are necessarily speculative, Symbotic believes that the preparation of prospective financial information involves increasingly higher levels of uncertainty the further out the projection extends from the date of preparation. The assumptions and estimates underlying the projected results are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the projections. The inclusion of projections in this communication should not be regarded as an indication that Symbotic or its representatives considered or consider the projections to be a reliable prediction of future events.

    Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results.

    This communication is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in Symbotic and is not intended to form the basis of an investment decision in Symbotic. All subsequent written and oral forward-looking statements concerning Symbotic, the Transactions or other matters and attributable to Symbotic or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above.

    INVESTOR RELATIONS CONTACT

    Charlie Anderson

    Vice President, Investor Relations & Corporate Development

    [email protected]

    MEDIA INQUIRIES

    [email protected]



    Primary Logo

    Get the next $SYM alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $SYM
    $WMT

    CompanyDatePrice TargetRatingAnalyst
    Symbotic Inc.
    $SYM
    6/25/2025$50.00Buy
    Arete
    Walmart Inc.
    $WMT
    4/11/2025$105.00Outperform
    Mizuho
    Walmart Inc.
    $WMT
    2/25/2025$110.00Hold → Buy
    DZ Bank
    Symbotic Inc.
    $SYM
    2/6/2025Outperform → Mkt Perform
    Raymond James
    Symbotic Inc.
    $SYM
    1/16/2025$35.00Outperform
    Oppenheimer
    Symbotic Inc.
    $SYM
    1/13/2025$37.00Buy
    Citigroup
    Symbotic Inc.
    $SYM
    1/8/2025$35.00Neutral → Buy
    DA Davidson
    Walmart Inc.
    $WMT
    12/11/2024$96.00 → $100.00Overweight
    KeyBanc Capital Markets
    More analyst ratings

    $SYM
    $WMT
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Executive Vice President Nicholas Christopher James covered exercise/tax liability with 121 units of Common, decreasing direct ownership by 0.02% to 573,823 units (SEC Form 4)

      4 - Walmart Inc. (0000104169) (Issuer)

      7/2/25 7:03:00 PM ET
      $WMT
      Department/Specialty Retail Stores
      Consumer Discretionary
    • Executive Vice President Rainey John D sold $216,565 worth of Common (2,200 units at $98.44), decreasing direct ownership by 0.35% to 628,318 units (SEC Form 4)

      4 - Walmart Inc. (0000104169) (Issuer)

      7/2/25 6:59:29 PM ET
      $WMT
      Department/Specialty Retail Stores
      Consumer Discretionary
    • Director Walton Steuart L was granted 321 shares, increasing direct ownership by 0.41% to 78,763 units (SEC Form 4)

      4 - Walmart Inc. (0000104169) (Issuer)

      7/1/25 6:29:22 PM ET
      $WMT
      Department/Specialty Retail Stores
      Consumer Discretionary

    $SYM
    $WMT
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Moritz Robert Edward Jr. bought $499,997 worth of Common (5,446 units at $91.81), increasing direct ownership by 231% to 7,805 units (SEC Form 4)

      4 - Walmart Inc. (0000104169) (Issuer)

      11/29/24 5:12:06 PM ET
      $WMT
      Department/Specialty Retail Stores
      Consumer Discretionary

    $SYM
    $WMT
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Walmart and Soda Health Join Forces to Deliver AI-Powered Personalized Nutrition and Wellness Insights

      Walmart (NYSE:WMT), the world's leading omnichannel retailer, and Soda Health, a health technology company focused on smarter health benefits administration, today announced a collaboration to launch the Walmart Everyday Health Signals™ program to select Medicare Advantage and Medicaid members. This innovative initiative helps participating flex card members' wellness efforts by providing personalized nutrition and guidance based on retail shopping insights and analysis. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250617386536/en/ The Walmart Everyday Health Signals™ program is designed to support day-to-day decisions for bet

      6/17/25 10:00:00 AM ET
      $WMT
      Department/Specialty Retail Stores
      Consumer Discretionary
    • Symbotic Announces Chief Financial Officer Transition Plan

      WILMINGTON, Mass., June 09, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (NASDAQ:SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the appointment of Izzy Martins as Chief Financial Officer, effective August 9, 2025. Martins will join Symbotic as CFO-designate on July 1, 2025, succeeding Carol Hibbard who will depart to explore other opportunities. Hibbard will remain with the company through the end of the calendar year to ensure a smooth transition. Martins brings more than 20 years of financial and business leadership experience to Symbotic, most recently serving as Executive Vice President and Chief Financial Officer at Avis Budget Group, Inc., where s

      6/9/25 4:00:00 PM ET
      $SYM
      Industrial Machinery/Components
      Industrials
    • OnePay and Synchrony to Launch New Industry-Leading Credit Card Program With Walmart; Credit Card to Be Powered by Mastercard and Set to Go Live This Fall

      Synchrony to become exclusive issuer of OnePay credit cards at Walmart, with the credit card experience embedded inside the OnePay app The program will add credit cards to OnePay's growing portfolio of financial services products, helping consumers save, spend, borrow, and grow their money — all in one place NEW YORK and STAMFORD, Conn., June 09, 2025 (GLOBE NEWSWIRE) -- OnePay, a leading consumer fintech, and Synchrony (NYSE:SYF), a premier consumer financial services company, today announced a strategic partnership to exclusively power a new industry-leading credit card program with Walmart (NYSE:WMT). The credit card program is expected to launch this fall, with the experience embedde

      6/9/25 8:22:00 AM ET
      $SYF
      $WMT
      Finance: Consumer Services
      Finance
      Department/Specialty Retail Stores
      Consumer Discretionary

    $SYM
    $WMT
    SEC Filings

    See more
    • SEC Form 11-K filed by Walmart Inc.

      11-K - Walmart Inc. (0000104169) (Filer)

      6/25/25 4:38:04 PM ET
      $WMT
      Department/Specialty Retail Stores
      Consumer Discretionary
    • SEC Form 11-K filed by Walmart Inc.

      11-K - Walmart Inc. (0000104169) (Filer)

      6/25/25 4:35:24 PM ET
      $WMT
      Department/Specialty Retail Stores
      Consumer Discretionary
    • Symbotic Inc. filed SEC Form 8-K: Regulation FD Disclosure

      8-K - Symbotic Inc. (0001837240) (Filer)

      6/9/25 4:18:56 PM ET
      $SYM
      Industrial Machinery/Components
      Industrials

    $SYM
    $WMT
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Arete initiated coverage on Symbotic with a new price target

      Arete initiated coverage of Symbotic with a rating of Buy and set a new price target of $50.00

      6/25/25 7:58:04 AM ET
      $SYM
      Industrial Machinery/Components
      Industrials
    • Mizuho initiated coverage on Walmart with a new price target

      Mizuho initiated coverage of Walmart with a rating of Outperform and set a new price target of $105.00

      4/11/25 9:10:31 AM ET
      $WMT
      Department/Specialty Retail Stores
      Consumer Discretionary
    • Walmart upgraded by DZ Bank with a new price target

      DZ Bank upgraded Walmart from Hold to Buy and set a new price target of $110.00

      2/25/25 7:14:46 AM ET
      $WMT
      Department/Specialty Retail Stores
      Consumer Discretionary

    $SYM
    $WMT
    Leadership Updates

    Live Leadership Updates

    See more
    • Symbotic Announces Chief Financial Officer Transition Plan

      WILMINGTON, Mass., June 09, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (NASDAQ:SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the appointment of Izzy Martins as Chief Financial Officer, effective August 9, 2025. Martins will join Symbotic as CFO-designate on July 1, 2025, succeeding Carol Hibbard who will depart to explore other opportunities. Hibbard will remain with the company through the end of the calendar year to ensure a smooth transition. Martins brings more than 20 years of financial and business leadership experience to Symbotic, most recently serving as Executive Vice President and Chief Financial Officer at Avis Budget Group, Inc., where s

      6/9/25 4:00:00 PM ET
      $SYM
      Industrial Machinery/Components
      Industrials
    • Walmart Announces 2025 Annual Shareholders' Meeting Voting Results

      Walmart Inc. (NYSE:WMT) announced preliminary voting results from its Annual Shareholders' Meeting held earlier today. Approximately 91.4% of all outstanding shares were represented at the meeting. Doug McMillon, President and CEO, reviewed Walmart's strong results from fiscal year 2025. He emphasized investments in wages, opportunity, innovation, technology, and making communities better, stating the company can continue to "improve our ROI even as we make investments to strengthen our company." McMillon also said, "We're scaling higher-margin businesses while investing in our associates and keeping our merchandise prices as low as possible in today's environment." The Company presente

      6/5/25 4:07:00 PM ET
      $WMT
      Department/Specialty Retail Stores
      Consumer Discretionary
    • Eric Branderiz Joins Symbotic's Board of Directors

      WILMINGTON, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the election of Eric Branderiz to its Board of Directors, effective May 14, 2025. Mr. Branderiz joins Symbotic's Board following a nearly 30-year career in public and private company finance and accounting, including in high-growth environments in industrial technology. Most recently, he served as Executive Vice President and Chief Financial Officer at Enphase Energy. Prior to Enphase Energy, Mr. Branderiz was Vice President, Corporate Controller and Chief Accounting Officer at Tesla. He has held senior finance and accounting r

      5/15/25 4:00:00 PM ET
      $SYM
      Industrial Machinery/Components
      Industrials

    $SYM
    $WMT
    Financials

    Live finance-specific insights

    See more
    • Walmart reports revenue of 2.5%, up 4.0% in constant currency (cc) with operating income growing of 4.3%, or 3.0% adjusted (cc)

      eCommerce up 22% globally GAAP EPS of $0.56; Adjusted EPS of $0.61 Company issues net sales guidance for Q2; reiterates outlook for FY26 Walmart Inc. (NYSE:WMT): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250514537784/en/ First Quarter Highlights: Revenue of $165.6 billion, up 2.5%, or 4.0% (cc) ; includes ~100 bps headwind from lapping leap day Global eCommerce sales grew 22%, led by store-fulfilled pickup & delivery and marketplace Global advertising business grew 50%, including VIZIO; Walmart Connect in the U.S. up 31% Membership and other income up 3.7%, including 14.8% growth in membership income Gross margi

      5/15/25 7:02:00 AM ET
      $WMT
      Department/Specialty Retail Stores
      Consumer Discretionary
    • Walmart Releases 2025 Annual Report and Proxy Statement

      Walmart Inc. (NYSE:WMT) issued its 2025 Annual Report and filed its Proxy Statement today in preparation for the company's Annual Shareholders' Meeting on Thursday, June 5, 2025. 2025 Annual Report Highlights In his annual letter to shareholders and associates, Walmart President and Chief Executive Officer, Doug McMillon, expressed his appreciation for Walmart associates who drove the year's strong performance, and highlighted the company's impressive growth with a 5.1 percent increase in revenues and an 8.6 percent rise in operating income. McMillon emphasized Walmart is a people-led, tech-powered company, investing in associate wages, healthcare and education. More than half of all Walm

      4/24/25 5:25:00 PM ET
      $WMT
      Department/Specialty Retail Stores
      Consumer Discretionary
    • Symbotic Announces Date for Reporting Second Quarter Fiscal 2025 Financial Results

      WILMINGTON, Mass., April 16, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (NASDAQ:SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will release second quarter fiscal 2025 financial results after the market close on Wednesday, May 7, 2025. The press release will also be available on the Symbotic Investor Relations website: www.ir.symbotic.com. The company will host a live webcast to discuss its financial results for the quarter at 5:00 p.m. ET on the same date. To listen to the live webcast, register at https://edge.media-server.com/mmc/go/Symbotic-Q2-2025 for a personal access code. The webcast will be available for replay on the Symbotic Investor Rela

      4/16/25 4:00:00 PM ET
      $SYM
      Industrial Machinery/Components
      Industrials

    $SYM
    $WMT
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Symbotic Inc.

      SC 13G - Symbotic Inc. (0001837240) (Subject)

      5/10/24 6:41:12 AM ET
      $SYM
      Industrial Machinery/Components
      Industrials
    • SEC Form SC 13D/A filed by Symbotic Inc. (Amendment)

      SC 13D/A - Symbotic Inc. (0001837240) (Subject)

      2/23/24 9:27:01 PM ET
      $SYM
      Industrial Machinery/Components
      Industrials
    • SEC Form SC 13D/A filed by Symbotic Inc. (Amendment)

      SC 13D/A - Symbotic Inc. (0001837240) (Subject)

      2/23/24 9:23:25 PM ET
      $SYM
      Industrial Machinery/Components
      Industrials