Edition:
United Kingdom

Walmart Inc (WMT.N)

WMT.N on New York Stock Exchange

109.93USD
7:11pm BST
Change (% chg)

$0.31 (+0.28%)
Prev Close
$109.62
Open
$109.82
Day's High
$110.29
Day's Low
$109.28
Volume
572,575
Avg. Vol
1,889,389
52-wk High
$110.29
52-wk Low
$82.90

Latest Key Developments (Source: Significant Developments)

Walmart ordered by judge to pay $101.9 mln in California wage statement, meal break case
Saturday, 1 Jun 2019 

June 1 (Reuters) - u.s. Judge orders walmart to pay $101.9 million in california class-action lawsuit over wage statements, compensation for missed meal breaks -- court ruling:.  Full Article

UK's CMA Issues Further Notice On Sainsbury-Asda Deal
Thursday, 23 May 2019 

May 23 (Reuters) - UK's CMA::UK'S CMA - GIVES NOTICE OF PROPOSED ORDER TO REMEDY, MITIGATE OR PREVENT SLCS AND ANY CUSTOMER DETRIMENT IDENTIFIED IN REPORT ON SAINSBURY-ASDA DEAL .UK'S CMA - REPRESENTATIONS MADE IN RESPONSE TO NOTICE REGARDING SAINSBURY-ASDA DEAL SHOULD REACH CMA BY 24 JUNE.  Full Article

Massmart Says HY Headline Earnings May Be At Least 50% Lower Than Prior Period
Thursday, 23 May 2019 

May 23 (Reuters) - Massmart Holdings Ltd ::FOR FIRST 20 WEEKS OF 2019 FINANCIAL YEAR, MASSMART'S SALES OF R33.5BN REPRESENTED TOTAL GROWTH OF 6.1% AND COMPARABLE SALES GROWTH 4.1%.FOR FIRST 20 WEEKS OF 2019 FINANCIAL YEAR TOTAL SALES GROWTH FROM OUR SOUTH AFRICAN (SA) STORES WAS 5.4%.FOR FIRST 20 WEEKS OF 2019 FINANCIAL YEAR TOTAL SALES GROWTH IN FOOD WAS 7.3%, LIQUOR 13.3%, DURABLE GOODS 2.2% AND HOME IMPROVEMENT 4.3%.APRIL 2019 YEAR-TO-DATE EBIT FOR ALL FOUR DIVISIONS IS BELOW EQUIVALENT PRIOR YEAR FIGURES.HIT BY MARGIN PRESSURE FROM LOWER SALES PARTICIPATION IN HIGHER-MARGIN DURABLES, HOME IMPROVEMENT CATEGORIES, PRESSURE FROM EXPENSE GROWTH.HY OPERATING EBITDA MAY BE AT A LEVEL SIMILAR TO PRIOR PERIOD (JUNE 2018: R1 211M).HY HEADLINE EARNINGS AND HEADLINE EARNINGS PER SHARE MAY BE AT LEAST 50% LOWER THAN PRIOR PERIOD (JUNE 2018: R204M).  Full Article

Walmart Qtrly Walmart U.S. Comp Sales Up 3.4%
Thursday, 16 May 2019 

May 16 (Reuters) - Walmart Inc ::WALMART QTRLY EARNINGS PER SHARE $1.33; QTRLY ADJUSTED EARNINGS PER SHARE $1.13.WALMART QTRLY TOTAL REVENUE WAS $123.9 BILLION, UP 1%.EXCLUDING CURRENCY, QTRLY TOTAL REVENUE WAS $125.8 BILLION, UP 2.5%.Q1 EARNINGS PER SHARE VIEW $1.02, REVENUE VIEW $125.03 BILLION -- REFINITIV IBES DATA.QTRLY WALMART U.S. COMP SALES UP 3.4%.QTRLY WALMART U.S. ECOMMERCE SALES UP 37%.QTRLY NET SALES $122.95 BILLION VERSUS $121.63 BILLION.QTRLY ADJUSTED EPS EXLCLUDES AN UNREALIZED GAIN, NET OF TAX, OF $0.20 ON CO'S EQUITY INVESTMENT IN JD.COM.QTRLY WALMART U.S. NET SALES $80.34 BILLION VERSUS $77.75 BILLION.QTRLY WALMART INTERNATIONAL NET SALES $28.78 BILLION VERSUS $30.26 BILLION.QTRLY SAM’S CLUB NET SALES $13.83 BILLION VERSUS $13.62 BILLION.QTRLY SAM'S CLUB COMPARABLE SALES, WITHOUT FUEL, UP 0.3%.QTRLY TOTAL U.S. COMPARABLE SALES, WITHOUT FUEL, UP 2.9%.  Full Article

Walmart Says Tobacco Negatively Affected Sam's Club Comp Sales By About 270 Basis Points In Qtr
Thursday, 16 May 2019 

May 16 (Reuters) - Walmart Inc ::WALMART - DURING QUARTER, INVENTORY OUTPACED SALES ON A REPORTED BASIS AS PLANNING FOR THE SHIFT IN TIMING OF EASTER AFFECTED SOME MARKETS -PRESENTATION.WALMART SAYS SALES TRENDS FOR WALMART U.S. IMPROVED THROUGHOUT THE QUARTER AND CO FINISHED "WITH STRONG EASTER HOLIDAY SALES".WALMART - DURING QUARTER, IN THE U.K., COMP SALES WERE NEGATIVE AS A RESULT OF THE TIMING OF EASTER.WALMART - DURING QUARTER, CURRENCY NEGATIVELY AFFECTED WLMART INTERNATIONAL NET SALES BY $1.8 BILLION.WALMART SAYS FOR WALMART U.S., QTRLY COMP STORE INVENTORY WAS UP ABOUT 3.1% & TOTAL INVENTORY WAS UP ABOUT 5.9%.WALMART - TOBACCO NEGATIVELY AFFECTED SAM'S CLUB COMP SALES BY ABOUT 270 BASIS POINTS IN QUARTER.WALMART - DURING QUARTER, CHANGES IN CURRENCY RATES RESULTED IN A $52 MILLION HEADWIND TO WALMART INTERNATIONAL OPERATING INCOME.WALMART - Q1 WALMART U.S. COMP STORE INVENTORY UP DUE IN PART TO ACCELERATED BUYING IN SOME CATEGORIES, TIMING OF SALES FOR SUMMER SEASONAL MERCHANDISE.WALMART - Q1 WALMART U.S. COMP STORE INVENTORY UP ALSO DUE IN PART TO INCREASED MIRRORING OF INVENTORY IN ECOMMERCE FULFILLMENT CENTERS.WALMART - FOR WALMART U.S., EXPECT INVENTORY QUANTITIES TO NORMALIZE AS THE YEAR PROGRESSES.  Full Article

Walmart Says Based On Current Exchange Rates, Estimate Q2 Sales Will Be Negatively Affected By About $1 Bln
Thursday, 16 May 2019 

May 16 (Reuters) - Walmart Inc ::WALMART - BASED ON CURRENT EXCHANGE RATES, ESTIMATE Q2 SALES WILL BE NEGATIVELY AFFECTED BY ABOUT $1 BILLION.WALMART - "FIRST QUARTER RESULTS PUT US IN A GOOD POSITION TO ACHIEVE FULL-YEAR GOALS".WALMART SAYS MONITORING TARIFF DISCUSSIONS AND HOPEFUL THAT AN AGREEMENT CAN BE REACHED.WALMART - IN THE U.K., WE ARE DISAPPOINTED THAT THE PROPOSED MERGER OF ASDA WITH SAINSBURY'S ISN'T HAPPENING.WALMART - "FOCUSED ON CONTINUING TO EXECUTE STRATEGY TO STRENGTHEN ASDA'S LONGTERM SUCCESS, INCLUDING POTENTIAL OF AN IPO AT SOME POINT IN THE FUTURE".WALMART - IN U.S., ON TRACK TO OFFER SAME-DAY GROCERY DELIVERY FROM 1,600 STORES WHILE ALSO OFFERING GROCERY PICKUP FROM 3,100 STORES BY YEAR-END.WALMART - THE ASDA TEAM IS MAKING PROGRESS ON "KEY STRATEGIC PRIORITIES".  Full Article

Walmart-Owned Flipkart's unit Myntra Appoints Harish Narayanan As Head Of Marketing
Tuesday, 14 May 2019 

May 14 (Reuters) - Flipkart Online Services Pvt Ltd ::MYNTRA, A UNIT OF WALMART INC'S FLIPKART APPOINTS HARISH NARAYANAN AS HEAD OF MARKETING FOR MYNTRA JABONG.  Full Article

Walmart Raises Tobacco Purchase Age To 21; Discontinues Sale Of Fruit & Dessert Nicotine Flavors
Wednesday, 8 May 2019 

May 8 (Reuters) - Walmart Inc ::WALMART RAISES TOBACCO PURCHASE AGE TO 21; DISCONTINUES SALE OF FRUIT AND DESSERT NICOTINE FLAVORS.WALMART SAYS SENT A LETTER BACK TO THE FDA OUTLINING ADDITIONAL MEASURES CO IS TAKING TO KEEP TOBACCO OUT OF THE HANDS OF MINORS.WALMART SAYS AS OF JULY 1, ACROSS CO'S ENTIRE U.S. BUSINESS, CO RAISING THE MINIMUM AGE TO PURCHASE TOBACCO PRODUCTS, INCLUDING ALL E-CIGARETTES, TO 21.WALMART SAYS ARE IN THE PROCESS OF DISCONTINUING THE SALE OF FRUIT- AND DESSERT-FLAVORED ELECTRONIC NICOTINE DELIVERY SYSTEMS.  Full Article

Massmart Holdings Says Guy Hayward To Step Down As CEO
Monday, 6 May 2019 

May 6 (Reuters) - Massmart Holdings Ltd ::CHIEF EXECUTIVE OFFICER TO STEP DOWN.CHIEF EXECUTIVE OFFICER, GUY HAYWARD HAS INFORMED BOARD OF HIS DECISION TO STEP DOWN FROM HIS ROLE BEFORE END OF 2019.PROCESS TO APPOINT GUY'S SUCCESSOR IS UNDERWAY.  Full Article

Warren Buffett, Charlie Munger answer questions at Berkshire annual meeting
Saturday, 4 May 2019 

May 4 (Reuters) - Buffett says bottom-line earning figures are 'totally capricious':.  Full Article

Photo

Apple, Keurig Dr Pepper, Dollar Tree press U.S. to drop China tariff plan

NEW YORK Apple Inc, Keurig Dr Pepper Inc and Dollar Tree Inc have joined other companies in their opposition to a Trump administration plan for more U.S. tariffs on Chinese goods, including iPhones, Macs, and single-serve coffee brewers.