Walmart Inc. engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications. The company offers grocery products, including dry grocery, snacks, dairy, meat, produce, deli and bakery, frozen foods, and alcoholic and nonalcoholic beverages, as well as consumables, such as health and beauty aids, pet supplies, household chemicals, paper goods, and baby products; and health and wellness products covering pharmacy, over-the-counter drugs and other medical products, and optical and clinical services. It also provides gasoline stations and tobacco; home improvement, outdoor living, gardening, furniture, apparel, and jewelry, as well as tools and power equipment, housewares, toys, seasonal items, mattresses, and tire and battery centers; and consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. In addition, the company offers fuel and financial services and related products, including money orders, prepaid cards, money transfers, and check cashing and bill payment. It operates approximately 11,400 stores and various e-commerce websites under 54 banners in 26 countries. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas.
IPO Year:
Exchange: NYSE
Website: stock.walmart.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/21/2024 | $91.00 | Buy → Hold | DZ Bank |
| 11/20/2024 | $92.00 → $100.00 | Outperform | Telsey Advisory Group |
| 10/22/2024 | $95.00 | Outperform | Bernstein |
| 10/14/2024 | $81.00 → $90.00 | Outperform | Oppenheimer |
| 10/8/2024 | $82.00 → $92.00 | Outperform | Telsey Advisory Group |
| 9/24/2024 | $76.00 → $89.00 | Hold → Buy | Truist |
| 8/16/2024 | $75.00 → $82.00 | Outperform | Telsey Advisory Group |
| 7/10/2024 | $81.00 | Overweight | Piper Sandler |
| 7/2/2024 | $69.00 → $71.00 | Hold | Stifel |
| 7/1/2024 | $71.00 → $77.00 | Buy | Deutsche Bank |
BENTONVILLE, Ark., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Walmart and the National Fish and Wildlife Foundation (NFWF) today announced a 10-year, $34.5 million renewal of the historic Acres for America conservation program. This new commitment from Walmart, combined with previous contributions, represents the largest corporate donation to NFWF since the Foundation's creation by Congress in 1984, for a total of more than $100 million since the program began. Acres for America began in 2005, when Walmart U.S. made its first commitment of $34.5 million to NFWF to fund the conservation of one acre of wildlife habitat for every acre of land developed in the United States — estimated to be approxim
eCommerce up 27% globally GAAP EPS of $0.57; Adjusted EPS of $0.58 Company raises guidance for FY25 Walmart Inc. (NYSE:WMT): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241118919925/en/ Third Quarter Highlights: Consolidated revenue of $169.6 billion, up 5.5%, or 6.2% (cc) Consolidated gross margin rate up 21 bps, led by Walmart U.S. Consolidated operating income up $0.5 billion, or 8.2%; up 9.8% (cc) due to higher gross margins and growth in membership income; also benefited from reduced losses in eCommerce ROA at 7.8%, ROI at 15.1%, up 100 bps Global eCommerce sales grew 27%, led by store fulfilled pick
Walmart Inc. (NYSE:WMT) announced it will hold a live conference call with the Investment Community at 7 a.m. CST on Tuesday, November 19th, 2024, to discuss the company's third quarter earnings results for fiscal year 2025. Doug McMillon, president and chief executive officer, and John David Rainey, executive vice president and chief financial officer, will host the call to discuss the results and answer questions. The event will be webcast live and is accessible by visiting corporate.walmart.com/news/events and selecting the Third Quarter Earnings Release event. The webcast will be archived and available on the company website. The company will release its third quarter earnings resul
Retailer is the first to integrate pharmacy and general merchandise in a single online order, meeting customer demand for streamlined, digital-first experience. Pharmacy Delivery utilizes the expansive store footprint of the retailer, with an offering available in 49 states by 2025 - providing an unmatched, fast, affordable, and convenient experience Walmart is doing something new in a way only it can. Today the company announced that it's once again meeting customers at the intersection of convenience and access by expanding delivery offerings – integrating prescription medications and general merchandise into one streamlined single order for delivery. This press release features multime
Now through Dec. 25 Walmart's inflation-free Thanksgiving meal is available to shop, with options for customers to "give or gift" a meal Today Walmart officially launched its holiday meal, bringing customers incredible savings on mealtime favorites, earlier and at an even lower price than last year1. And to help spread more joy during the season of giving, Walmart is offering customers the opportunity to gift a meal directly to loved ones anywhere in the country and, new this year, donate an entire meal to their local Salvation Army unit. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241017636348/en/Walmart's Thanksgiving Meal
Walmart Business announced today the ability for customers to access solutions from Clover, a leading business management platform for small and medium-sized businesses (SMBs) from Fiserv, a global provider of payments and financial services technology solutions. This new service offering is part of Walmart Business's ongoing commitment to helping businesses and nonprofit organizations save time, money and hassle by providing access to the products and essential services they need to operate effectively and efficiently. Creating operational efficiencies is critical to any organization's ability to scale. Walmart Business is providing its customers with easy access to Clover's business mana
43 Megawatts of Commercial Rooftop Projects in Maryland and Illinois Expected to Reduce Energy Costs for Over 3,600 Households Solar Landscape, a leading commercial and community solar developer, and Walmart (NYSE:WMT) announced today that Walmart will invest in 74 Solar Landscape community solar projects in Maryland and Illinois. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241008748531/en/Walmart Invests in Multi-State Community Solar Portfolio Developed by Solar Landscape: 43 Megawatts of Commercial Rooftop Projects in Maryland and Illinois Expected to Reduce Energy Costs for Over 3,600 Households (Graphic: Business Wire) T
New centers are opening in Georgia and Arizona as Walmart reinforces its commitment to offering seamless, convenient and affordable pet care solutions to customers Walmart today announced key expansions to its core pet care offerings, widening access to affordable in-person and virtual veterinary care, pet prescription delivery, grooming services, pet food and supplies, all in one convenient experience for pet owners. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241008748108/en/Walmart Pet Services staff greets customer and their dog (Photo: Business Wire) The pet category continues to be one of the most dynamic in retail, wit
Company joins Dolly Parton in support of communities impacted in Eastern Tennessee Walmart and Sam's Club have long been a part of the communities in Appalachia and the Southeast. As the country takes toll of significant destruction left by Hurricane Helene, Walmart, Sam's Club and the Walmart Foundation are increasing their commitment to $10 million, up from $6 million, to support time-sensitive relief efforts across impacted communities in Georgia, Florida, North and South Carolina and Tennessee. "These aren't just places where we have stores, these are communities where we work and live, and our hearts are broken for our friends and neighbors," said John Furner, president and CEO, Walm
Walmart Inc.: WHAT: Walmart and Dolly Parton will be hosting a press conference announcing commitments to Hurricane Helene relief efforts. WHO: Dolly Parton John Furner, CEO, Walmart U.S. WHEN: 2:45 p.m. EDT on Friday, October 4, 2024 WHERE: Live Stream https://www.youtube.com/live/6CLV6GETecI?si=9RuWrMC254MNlifr Satellite Bandwidth 9 MHz Modulation DVBS-2, 8PSK FEC Rate: 3/4 Symbol Rate: 7.5 Msym/s Data Rate: 16.711 Mbps Pilots: off Roll off 20% Video: HD 1080i / 59.94 / 16:9 Compression: MPEG-4 Chroma: 4:2:0 Date: 10/
DZ Bank downgraded Walmart from Buy to Hold and set a new price target of $91.00
Telsey Advisory Group reiterated coverage of Walmart with a rating of Outperform and set a new price target of $100.00 from $92.00 previously
Bernstein initiated coverage of Walmart with a rating of Outperform and set a new price target of $95.00
Oppenheimer reiterated coverage of Walmart with a rating of Outperform and set a new price target of $90.00 from $81.00 previously
Telsey Advisory Group reiterated coverage of Walmart with a rating of Outperform and set a new price target of $92.00 from $82.00 previously
Truist upgraded Walmart from Hold to Buy and set a new price target of $89.00 from $76.00 previously
Telsey Advisory Group reiterated coverage of Walmart with a rating of Outperform and set a new price target of $82.00 from $75.00 previously
Piper Sandler resumed coverage of Walmart with a rating of Overweight and set a new price target of $81.00
Stifel reiterated coverage of Walmart with a rating of Hold and set a new price target of $71.00 from $69.00 previously
Deutsche Bank reiterated coverage of Walmart with a rating of Buy and set a new price target of $77.00 from $71.00 previously
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Costco Wholesale Corp (NASDAQ:COST) share price has been on a remarkable ascent, trading above $800. This puts the retail giant in prime stock-split territory. Historically, stock splits occur after substantial price increases, and Costco’s impressive growth makes it a noteworthy candidate for such a move. Will Costco Follow Rival Walmart’s Footsteps? Walmart Inc‘s (NYSE:WMT) 3-for-1 stock split, initiated when its shares were trading below $200, sets a precedent. Costco’s stock price has far surpassed this level, climbing nearly 30% year-to-date and almost tripling over the past five years. The company's consistent performance and its share price near record highs suggest it could
The parent company of well-known non-fungible token collection Pudgy Penguins has raised $11 million from investors including Founders Fund to help launch a consumer-focused blockchain for the mass adoption of cryptocurrency. What Happened: Since being acquired by Luca Netz for 750 Ethereum (CRYPTO: ETH) in 2022, Pudgy Penguins has emerged as a leading NFT collection, with its consumer products now available in major retailers worldwide. The company has launched plushies, keychains, blind bags and more inside the likes of Walmart Inc (NYSE:WMT), Target (NYSE:TGT), Five Below (NASDAQ:FIVE) and on Amazon.com Inc (NASDAQ:AMZN). Now the attention of Igloo Inc, the parent company of Pudg
In the latest quarter, 35 analysts provided ratings for Walmart (NYSE:WMT), showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 12 20 3 0 0 Last 30D 1 0 0 0 0 1M Ago 1 3 1 0 0 2M Ago 2 5 0 0 0 3M Ago 8 12 2 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $73.34, a high estimate of $86.00, and a low estimate of $64.00. Marking an in
Tigress Financial analyst Ivan Feinseth maintains Walmart (NYSE:WMT) with a Buy and raises the price target from $75 to $86.
Professional boxer and entrepreneur Jake Paul announced a new round of funding for his W personal care brand, which launched exclusively in Walmart Inc (NYSE:WMT) stores earlier this year. What Happened: W, founded by Paul, raised $14 million in seed and Series A Funding, which comes on top of Paul's Betr sports betting company and sports media brand increasing its valuation through new investors earlier this year. Shrug Capital led the investment round that valued the company "north of $150 million." Other co-investors in the round included Range Group, 305 Ventures, Uphonest Capital, Quiet Capital and Palm Tree Crew. "The industry is riddled with legacy players that are taking ant
Richtech Robotics Inc. (NASDAQ:RR) shares are trading higher after the company installed its advanced robotic beverage system, ADAM, at Ghost Kitchens International Inc. in Dawsonville, Georgia. This installation marks the start of a partnership to transform the food and beverage industry with robotic automation and enhance customer experiences. Located inside a Walmart Inc. (NYSE:WMT), the Dawsonville Ghost Kitchens is the first of 240 planned locations to incorporate ADAM. Launched on June 13, ADAM uses advanced AI technology to serve a range of traditional and specialty coffee drinks, including the popular Iced Foamy Hazelnut Latte. With this installation, Richtech Robotics ai
Investors with a lot of money to spend have taken a bullish stance on Walmart (NYSE:WMT). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with WMT, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga's options scanner spotted 15 uncommon options trades for Walmart. This isn't normal. The overall sentiment of these big-money traders is split between 40% bullish and 40%, bearish. Out of all of the special option
Keybanc analyst Bradley Thomas maintains Walmart (NYSE:WMT) with a Overweight and raises the price target from $75 to $82.
Amazon.com Inc (NASDAQ:AMZN) saw its Prime Day sales increase by about 13% in the first six hours compared to the same period last year, according to Momentum Commerce. “Consumers continue to spend, but they do so strategically, which can benefit a sale like Prime Day,” Bloomberg cites Sky Canaves, an analyst at eMarketer Inc. Canaves expects shoppers to prioritize smaller items like headphones and chargers over big-ticket electronics like laptops. Adobe Inc (NASDAQ:ADBE) estimates that online sales across all retailers will reach $14 billion over the two-day event, an almost 11% increase from last year. eMarketer projects a more modest 6% growth, with U.S. online spending hittin
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eCommerce up 27% globally GAAP EPS of $0.57; Adjusted EPS of $0.58 Company raises guidance for FY25 Walmart Inc. (NYSE:WMT): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241118919925/en/ Third Quarter Highlights: Consolidated revenue of $169.6 billion, up 5.5%, or 6.2% (cc) Consolidated gross margin rate up 21 bps, led by Walmart U.S. Consolidated operating income up $0.5 billion, or 8.2%; up 9.8% (cc) due to higher gross margins and growth in membership income; also benefited from reduced losses in eCommerce ROA at 7.8%, ROI at 15.1%, up 100 bps Global eCommerce sales grew 27%, led by store fulfilled pick
Walmart Inc. (NYSE:WMT) announced it will hold a live conference call with the Investment Community at 7 a.m. CST on Tuesday, November 19th, 2024, to discuss the company's third quarter earnings results for fiscal year 2025. Doug McMillon, president and chief executive officer, and John David Rainey, executive vice president and chief financial officer, will host the call to discuss the results and answer questions. The event will be webcast live and is accessible by visiting corporate.walmart.com/news/events and selecting the Third Quarter Earnings Release event. The webcast will be archived and available on the company website. The company will release its third quarter earnings resul
eCommerce up 21% globally GAAP EPS of $0.56; Adjusted EPS of $0.67 Company issues guidance for Q3; Raises outlook for FY25 Walmart Inc. (NYSE:WMT): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240814292937/en/ Second Quarter Highlights: Consolidated revenue of $169.3 billion, up 4.8%, or 5.0% Consolidated gross margin rate up 43 bps, led by Walmart U.S. and Walmart International Consolidated operating income up $0.6 billion, or 8.5%; adjusted operating income up 7.2%, due to higher gross margins and growth in membership income; also benefited from reduced eCommerce losses ROA at 6.4%, ROI at 15.1%, up 230 bps
Walmart Inc. (NYSE:WMT) announced it will hold a live conference call with the Investment Community at 7 a.m. CDT on Thursday, August 15, 2024, to discuss the company's second quarter earnings results for fiscal year 2025. Doug McMillon, president and chief executive officer, and John David Rainey, executive vice president and chief financial officer, will host the call to discuss the results and answer questions. The event will be webcast live and is accessible by visiting corporate.walmart.com/news/events and selecting the Second Quarter Earnings Release event. The webcast will be archived and available on the company website. The company will release its second quarter earnings resul
AI-powered clinical intelligence, seamless journey automation, and a robust network of behavioral health and medical providers position Fabric as the leading virtual care platform and clinical network for providers, payers, and employers NEW YORK, June 28, 2024 /PRNewswire/ -- Fabric, a leading healthcare technology company and care enablement system, today announced the acquisition of MeMD from Walmart Inc (NYSE:WMT). MeMD is a leading provider of virtual behavioral, urgent, and primary care benefits for 30,000 corporate, institutional, and health plan partners and 5 million members. This acquisition advances Fabric's employer strategy and marks a significant milestone in the team's mission
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.
Walmart Inc. (NYSE:WMT) announced it will hold a live conference call with the Investment Community at 7 a.m. CST on Thursday, May 16, 2024, to discuss the company's first quarter earnings results for fiscal year 2025. Doug McMillon, president and chief executive officer, and John David Rainey, executive vice president and chief financial officer, will host the call to discuss the results and answer questions. The event will be webcast live and is accessible by visiting corporate.walmart.com/news/events and selecting the First Quarter Earnings Release event. The webcast will be archived and available on the company website. The company will release its first quarter earnings results and
Rob Walton, Legendary Leader and Longest-Serving Board Member, Announces Retirement Walmart Board has Nominated Brian Niccol, Chairman and CEO of Chipotle Mexican Grill, Inc., for election at the 2024 Annual Shareholders' Meeting Walmart Inc. (NYSE:WMT) issued its 2024 Annual Report and filed its Proxy Statement today in preparation for the company's Annual Shareholders' Meeting on Wednesday, June 5, 2024. 2024 Walmart Proxy Statement Highlights Rob Walton announcing he will retire from the Board at the conclusion of his current term on June 5, 2024. Mr. Walton joined Walmart in 1969 and before that worked alongside his father, Sam, in his 5&10 store. He served more than 40 years o
The Board of Directors of Walmart Inc. (NYSE:WMT) approved an annual cash dividend for fiscal year 2025 of $0.83 per share on a post-stock split basis, or $2.49 per share on a pre-split basis. This represents an approximately 9 percent increase from the $2.28 per share paid for the last fiscal year. The fiscal year 2025 annual dividend of $0.83 per share will be paid in four quarterly installments of $0.2075 per share, according to the following record and payable dates: Record Dates Payable Dates Mar. 15, 2024 Apr. 1, 2024 May 10, 2024 May 28, 2024 Aug. 16, 2024 Sep. 3, 2024 Dec. 13, 2024 Jan. 6, 2025 "Dividends conti
eCommerce up 23% globally, surpassing $100 billion for the year GAAP EPS of $2.03; Adjusted EPS of $1.80 Company provides outlook for Q1 and FY25 Company raises annual dividend 9% Walmart Inc. (NYSE:WMT): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240219441762/en/ Fourth-quarter highlights: Consolidated revenue of $173.4 billion, up 5.7%, or 4.9% (cc) Consolidated gross margin rate up 39bps due to improvement at Walmart U.S. Consolidated operating income up $1.7 billion, or 30.4%; adjusted operating income up 13.2%, positively affected by currency and LIFO of 2.3% and 1.0%, respectively Global eCommerce s
Walmart+ members can enjoy 25% off Burger King digital orders every day and a free flame-grilled Whopper® every three months At a glance: Walmart+ collaborates with Burger King to introduce a unique quick service dining benefit. Starting today, Walmart+ members can get 25% off* any Burger King digital order every day. Members can also receive a free Whopper every three months with any purchase.** Walmart+ members can easily enjoy this benefit at thousands of participating Burger King locations nationwide when they place an order in the BK® App or bk.com; one-third of Burger King locations are less than two miles from a Walmart store. In a first-of-its-kind partnership, Walmart
Brian Niccol, Chairman and CEO of Chipotle Mexican Grill, Inc., elected as Director of Walmart Board Walmart Inc. (NYSE:WMT) today announced shareholder voting results for its Annual Shareholders' Meeting, which was conducted virtually. Approximately 91% of all outstanding shares were represented at the meeting. Greg Penner, Chairman, expressed his gratitude to Rob Walton, who retired effective as of today, for his more than 40 years of service on the Walmart Board of Directors. He emphasized the positive impact he's had on associates and customers all around the world. Doug McMillon, President and CEO, highlighted the company's strong performance and position as a people-led, tech-po
New 490,000+ square foot facility will leverage automated technology, add efficiency to Walmart's supply chain Today, Walmart hosted the grand opening of its newest high-tech consolidation center in Minooka, Illinois. The new 492,000 square-foot facility, located at 201 S. McLinden Road will bring nearly 700 additional jobs to the area. Once implemented, the facility's automated technology can enable three times more volume to flow throughout the center and help Walmart deliver the right product to the right store, so customers can find the products they need. This building will be the third of its kind in Walmart's supply chain. The first, located in Colton, Calif., opened in 2019. This
NEW YORK, Feb. 20, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average (DJIA) and Dow Jones Transportation Average (DJTA) effective prior to the open of trading on Monday, February 26: Amazon.com Inc. (NASD:AMZN) will replace Walgreens Boots Alliance Inc. (NASD:WBA) in the Dow Jones Industrial Average. Reflecting the evolving nature of the American economy, this change will increase consumer retail exposure as well as other business areas in the DJIA. The index change was prompted by DJIA constituent Walmart Inc.'s (NYSE:WMT) decision to split its stock 3:1, which will reduce Walmart's index weight due to the price weighted construc
Chair Mary J. Guilfoile, Who Has Served With Distinction, to Step Down Following the 2024 Annual Meeting William S. Simon and Jill Sutton, Who Collectively Possess Experience in Capital Allocation, Corporate Governance and Transformations, Have Been Added to the Board Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Mary J. Guilfoile will step down as Chair and retire from the Board of Directors (the "Board") following the 2024 Annual Meeting of Stockholders (the "Annual Meeting"). The Board will elect a new Chair following Ms. Guilfoile's retirement. Add
Announces Expansion of Slate to Eight Highly Qualified Director Candidates With Strong Track Records of Value Creation, Expertise in Successful Succession Planning, and Relevant Industry and Governance Experience Informs Shareholders That Browning West Has Requested the Special Meeting Be Held Without Delay Urges Gildan's Board to Respect the Will of Shareholders and Not Employ Tactics to Unreasonably Delay Special Meeting Browning West, LP (together with its affiliates, "Browning West" or "we") is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company"), beneficially owning approximately 5.0% of the Company's outstanding shares.
Special Meeting Would Empower Shareholders to Improve Gildan's Board by Voting to Replace Five Incumbent Directors Replacement Slate Includes Five High Quality Director Candidates With Strong Track Records of Value Creation, Expertise in Successful Succession Planning, and Relevant Industry Experience Urges Gildan's Board to Refrain From Taking Actions to Entrench Itself or Delay the Special Meeting Browning West, LP (together with its affiliates, "Browning West" or "we") is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company"), beneficially owning approximately 5.0% of the Company's outstanding shares. Today, Browning West i
Walmart Inc. (NYSE:WMT) today announced shareholder voting results for its Annual Shareholders' Meeting, which was conducted virtually. Approximately 90.8 percent of all outstanding shares were represented at the meeting. In his introductory remarks, Walmart Inc. President and CEO Doug McMillon spoke about Walmart's performance over the last year, noting, "We have a strong team of associates, very capable leaders and a compelling set of assets and capabilities that enable us to continue delivering for customers and members, whenever and however they want to be served in that moment." McMillon also highlighted recent investments the company has made in its associates, saying, "We work to
Walmart Inc. (NYSE:WMT) today announced shareholder voting results for its Annual Shareholders' Meeting, which was conducted virtually. Approximately 88.9% of all outstanding shares were represented at the meeting. During the business meeting, Walmart President and CEO Doug McMillon provided a business update, sharing, "During the last fiscal year, we grew sales by 9%, grew operating profit by 18%, excluding divestitures, and generated $24 billion in operating cash flow. These results enabled us to return $16 billion to shareholders in dividends and share repurchases and invest $13 billion in capital to grow our business." McMillon also spoke on how the company is continuing to provide co
Marketing Veteran and Digital Innovator Joins Executive Team to Drive Customer Acquisition and Retention MoneyLion Inc. ("MoneyLion") (NYSE:ML), a leading digital financial services and lifestyle content platform, announced today that Cynthia Kleinbaum has been appointed Chief Customer Officer. Cynthia will oversee key aspects of MoneyLion's marketing efforts including customer acquisition, cross-selling initiatives and customer retention while working closely with Jeff Frommer, Chief Content Officer of MoneyLion. Kleinbaum is an award-winning marketing executive with over 20 years of experience in reimagining how companies engage customers to accelerate growth. Prior to joining MoneyLion