February 19, 2019 by Chain Drug Review
Brett Biggs, Doug McMillon, Sam's Club, Walmart
Business, Leading Headlines, Retail News
BENTONVILLE, Ark. — Walmart on Tuesday reported robust profit and revenue figures for the holiday quarter, citing strength across a range of product categories and a 43% surge in digital sales. Revenue was up 1.9% to $138.8 billion in the fiscal fourth quarter. Excluding currency fluctuations, year-on-year revenue growth was 4.2%. Walmart U.S. posted its
August 16, 2018 by Chain Drug Review
Brett Biggs, Doug McMillon, Walmart
Business, Leading Headlines, Retail News
BENTONVILLE, Ark. — Walmart on Thursday reported fiscal second quarter earnings and sales that topped analysts’ forecasts, as digital sales ticked higher and more shoppers visited its stores and spent more per visit. Same-store sales in the United States increased 4.5%, the retailer’s strongest comp growth in more than a decade. Sales were particularly vigorous
June 6, 2016 by Chain Drug Review
Brett Biggs, Doug McMillon, Greg Foran, Greg Penner, Walmart, Walmart annual shareholders meeting, Walmart U.S.
Business, Leading Headlines, Retail News
FAYETTEVILLE, Ark. — Walmart used its 2016 shareholders meeting to drive home the message that the customer is boss and the key to the retailer’s ability to grow. “Our mission is clear,” Doug McMillon, Walmart’s president and chief executive officer, said at the June 3 Walmart annual shareholders meeting. “We save customers money so they
February 18, 2016 by Chain Drug Review
Brett Biggs, Doug McMillon, Walmart, Walmart U.S.
Business, Featured Articles, Leading Headlines, Retail News
BENTONVILLE, Ark. — Walmart reported decreased net earnings for its fiscal 2016 fourth quarter and full year, with adjusted earnings per share above Wall Street’s consensus forecast. The retail giant said Thursday that for the fourth quarter ended Jan. 31., net income fell 7.9% to $4.57 billion, or $1.43 per diluted share, from $4.97 billion,
October 26, 2015 by Scot Meyer and Chain Drug Review
Brett Biggs, Charles Holley, Charles Redfield, Duncan Mac Naughton, Greg Foran, John Furner, Sam's Club, Steve Bratspies, Walmart
2015, Issue 10-26-2015, Issues, News
BENTONVILLE, Ark. — Walmart named new head merchants for its Walmart U.S. and Sam’s Club divisions, and designated a successor to its chief financial officer, who is retiring. Steve Bratspies, who most recently served as executive vice president of food for Walmart U.S., has taken the reins as chief merchandising officer of the division. In