News

Walmart's gross profit rate improved to 24.5% from 24.4%. This is a key metric for Walmart in the current political environment, given the company's previous comments that it couldn't absorb the full ...
Walmart Inc. powered through an uncertain economic environment and tariff concerns and delivered solid second-quarter ...
Walmart’s adjusted earnings miss analysts’ estimates but second-quarter revenue tops forecasts. Tech stocks Palantir, Nvidia, ...
Shares of Walmart are trading more than 5% lower following the world’s largest retailer’s quarterly earnings release. The results, announced this morning, triggered a selloff that pushed the stock ...
Walmart Inc. reported increases in second-quarter profits and sales Thursday as it pulls in shoppers seeking low prices for groceries and other essentials to offset worries that new U.S. tariffs may ...
Pressure to pass added costs on to consumer will rise as retailers deplete inventories, especially as the peak sales season at the end of the year approaches.
Shares of Walmart ( WMT) were down 5.0% in early trading on Thursday. Target ( NYSE: TGT) shed 1.7% and Costco Wholesale ( ...
The world’s biggest retailer posted quarterly revenue of $177.4 billion — a hefty 4.8% jump that sailed past Wall Street’s $175.9 billion target.
Sony’s $50 price hike in the US hasn’t gone into effect yet on PlayStation’s website or at other retailers like Best Buy, Walmart, Target, and GameStop. [Link: Sony is raising PS5 prices, starting tom ...
Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI.
The company marked a milestone in May — posting its first profitable quarter for its e-commerce business in the U.S. and ...
Walmart on Thursday raised its fiscal year sales and profit forecast, driven by strong demand from shoppers across all income levels, who have turned to the world's largest retailer as they worry ...