Latest news with #WalmartInc


Globe and Mail
8 hours ago
- Business
- Globe and Mail
Is Walmart Set to Win Big as Back-to-School Shopping Starts Early?
Walmart Inc. WMT is kicking off the back-to-school season with a bang, launching its Walmart Deals summer savings event from July 8 to 13. The six-day sale promises deep discounts across electronics, home goods, toys, fashion and back-to-school essentials. As families and teachers begin back-to-school shopping earlier, the company offers major savings on backpacks, laptops, school supplies and first-day outfits — all at budget-friendly prices. Customers can enjoy major savings both online and in-store, with hot deals on items like a 32-inch Samsung Smart Monitor for $199 (was $299.99), a Dyson V7 Cordless Vacuum for $229.99 (was $399.99) and essential school supplies like Crayola crayons for just $0.50. Big-name brands including Sharpie, EXPO and Paper Mate are also part of the markdown lineup. Walmart+ members benefit from early access starting July 7 at 7 p.m. ET — one night before the deals go live for everyone else — giving loyal customers first pick. This year, Walmart offers more flexible ways to save, allowing customers to shop on their terms — whether through in-store pickup, Express Delivery in under an hour, or next-day and two-day shipping. Enhanced by AI-powered search and a smarter, faster app experience, the company makes finding the best deals quick, convenient and hassle-free. As rising costs pressure family budgets, Walmart's value-driven approach, combined with strategic timing and tech-enabled shopping, could attract even more early back-to-school spending. With a broader assortment of essentials and high-demand items at compelling prices, the company is positioning itself as a top destination for both summer savings and early school prep. How Walmart Deals Stack Up Against Target & Amazon Target Corporation TGT is kicking off the summer savings season with Target Circle Week, a weeklong event that will run from July 6 to 12 and is designed to capture early back-to-school and college shopping traffic. Shoppers can expect discounts of up to 50% on hundreds of items, including school supplies, electronics, uniforms, backpacks and dorm room decor. Target's event aims to appeal to early-bird shoppers looking to stretch their budgets and beat the seasonal rush. Inc. AMZN is intensifying its back-to-school strategy with a four-day Prime Day event from July 8 to 11, rather than the usual two days. Known for deep discounts on school supplies, tech and home goods, Amazon aims to capture early shopper demand. With its robust digital platform and Prime perks, Amazon remains a key player in the race for seasonal traffic, directly challenging retailers like Target and Walmart with its expanded promotional window. WMT's Price Performance, Valuation & Estimates Shares of Walmart have gained 44.3% in the past year compared with the industry 's growth of 43.6%. Image Source: Zacks Investment Research From a valuation standpoint, WMT trades at a forward price-to-earnings ratio of 35.96X, above the industry's average of 33.05X. The Zacks Consensus Estimate for WMT's fiscal 2026 earnings implies year-over-year growth of 3.6%, whereas its fiscal 2027 earnings estimate suggests a year-over-year uptick of 11.7%. Image Source: Zacks Investment Research WMT stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report Walmart Inc. (WMT): Free Stock Analysis Report
Yahoo
17 hours ago
- Business
- Yahoo
Walmart (WMT) Holds Title as Largest Employer in the Dividend Aristocrats Index
Walmart Inc. (NYSE:WMT) is included among the 11 Best Dividend Aristocrat Stocks to Invest in Now. A manager standing in a hypermarket, pointing out items available for wholesale. The S&P Dividend Aristocrat Index includes companies with a wide range of workforce sizes, and Walmart Inc. (NYSE:WMT) stands out as the largest private employer in the US, with around 2.1 million employees. It also leads the index in revenue, having generated approximately $674 billion in the 12 months ending December 31, 2024, with a market capitalization of about $800 billion as of March 31, 2025. Walmart Inc. (NYSE:WMT)'s global store count declined from 11,501 at the end of fiscal 2020 to 10,593 by the end of fiscal 2022, mainly due to divestments in international markets. However, the company has since reversed that trend, closing fiscal 2025 with 10,711 stores worldwide. This steady growth in physical locations is expected to reinforce its competitive position and help it maintain an edge over smaller retail competitors. Walmart Inc. (NYSE:WMT) has been consistently raising its dividends for the past 52 years, which makes it one of the best dividend aristocrat stocks. The company's quarterly dividend comes in at $0.235 per share and has a dividend yield of 0.97%, as of June 27. While we acknowledge the potential of WMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None.
Yahoo
4 days ago
- Business
- Yahoo
Walmart's (NYSE:WMT) Dividend Will Be $0.235
Walmart Inc.'s (NYSE:WMT) investors are due to receive a payment of $0.235 per share on 2nd of September. Even though the dividend went up, the yield is still quite low at only 1.0%. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. If it is predictable over a long period, even low dividend yields can be attractive. Before making this announcement, Walmart was easily earning enough to cover the dividend. This means that most of its earnings are being retained to grow the business. Over the next year, EPS is forecast to expand by 44.4%. Assuming the dividend continues along recent trends, we think the payout ratio could be 27% by next year, which is in a pretty sustainable range. View our latest analysis for Walmart The company has an extended history of paying stable dividends. The annual payment during the last 10 years was $0.653 in 2015, and the most recent fiscal year payment was $0.94. This means that it has been growing its distributions at 3.7% per annum over that time. Dividends have grown relatively slowly, which is not great, but some investors may value the relative consistency of the dividend. Some investors will be chomping at the bit to buy some of the company's stock based on its dividend history. Walmart has impressed us by growing EPS at 6.0% per year over the past five years. A low payout ratio and decent growth suggests that the company is reinvesting well, and it also has plenty of room to increase the dividend over time. In summary, it is always positive to see the dividend being increased, and we are particularly pleased with its overall sustainability. Distributions are quite easily covered by earnings, which are also being converted to cash flows. All in all, this checks a lot of the boxes we look for when choosing an income stock. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For instance, we've picked out 2 warning signs for Walmart that investors should take into consideration. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.


Bloomberg
5 days ago
- Business
- Bloomberg
Trump Officials Met with Walmart on Direct-to-Patient Drug Sales
US health officials met with with Walmart Inc. and other retailers this week as part of an effort to help Americans get their medicines more directly from companies that make them, according to people familiar with the talks. The conversations between the Trump administration and experts from the nascent straight-to-consumer drug industry are intended to explore streamlining the way Americans get their medicines, said the people, who weren't authorized to speak publicly on the matter.


The Print
6 days ago
- Business
- The Print
Walmart Inc leadership meets Prime Minister Narendra Modi
The team is on a two-day visit to the country. McMillon, on his second visit to India in less than 18 months, discussed Walmart's growing partnership with India, the company said in a post on X. New Delhi, Jun 26 (PTI) The leadership of Walmart Inc led by its President and CEO Doug McMillon met Prime Minister Narendra Modi and discussed the US-based retail giant's growing partnership with India. The CEO discussed Walmart's growing partnership with India, which includes Flipkart, PhonePe, Walmart Global Tech and Walmart Sourcing, in his meeting with Modi, which took place on Tuesday. This is the fourth meeting between Prime Minister Modi and McMillon over the last few years. McMillon has visited India multiple times since becoming the CEO of the Bentonville-headquartered retail giant in 2014. 'Thank you, Honourable PM @narendramodi for a valuable meeting. We are excited by your vision and proud to support by partnering to achieve our $10b annual exports goal and investing in innovation through Flipkart & PhonePe. India remains central to our strategy,' said McMillon on Walmart Inc's X account on Thursday. Besides McMillon, Walmart board member Steuart Walton and Walmart International President & CEO Kath McLay were also there. Steuart is from the Walton family, which founded Walmart. He is the grandson of Sam Walton, the founder of Walmart. This is the first time someone from the Walmart owner family Walton, is meeting the prime minister. McLay is President & CEO, Walmart International, which operates outside the US markets in 18 countries, including India. Walmart has commitment to sourcing USD 10 billion worth of goods from the country. PTI KRH ` HVA This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.