Walmart Stock

• Walmart stock falls as retailer warns on consumer spending

  Walmart says the U.S. consumer continued to exert caution with their spending in the face of inflation and rising rates, even as the retailer raised its forecast for sales.

  Consumer

  Nov 16, 2023
  
• Ottawa opens probe into Walmart, Hugo Boss forced labour allegations

  CORE was launched in 2019 to monitor and investigate human rights abuses, mainly by Canadian garment, mining and oil and gas companies operating abroad.

  Canada

  Aug 24, 2023
  
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• Walmart tops earning expectations as shoppers seek bargains on essentials

  Walmart raised its annual sales and profit targets on Thursday as shoppers sought bargains on essentials such as groceries amid high inflation.

  Money

  May 18, 2023
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• Walmart plans to slow hiring as it ramps up use of automation

  Walmart says it's expecting inflation to add sustained pressure to its business this year, and that it was planning to slow the pace of hiring as it uses more automation.

  Economy

  Apr 5, 2023
• Walmart economic outlook uncertain as consumers remain cautious on spending

  Walmart Inc struck a cautious note in its economic outlook for 2023 on Tuesday as the retail bellwether forecast full-year earnings below estimate

  Economy

  Feb 21, 2023
• Walmart sales rise as consumers look to stretch their dollar amid high inflation

  Amid high inflation, investors have been nervously eyeing how consumer spending pans out during the holiday season, when retailers make more than a third of their annual profits.

  Money

  Nov 15, 2022
• Walmart forecasts smaller profit drop this year as discounts stimulate demand

  Sales at Walmart's U.S. stores open for at least a year rose 6.5 per cent due to higher prices and an easing of fuel inflation, and beat its prior forecast for a six per cent gain.

  World

  Aug 16, 2022
• Walmart cuts outlook over inflation pains, sending shockwaves through Wall Street

  Walmart shares dropped nearly eight per cent after the retail giant cut its profit outlook for the year, citing lower discretionary spending amid inflation.

  Economy

  Jul 26, 2022
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• Walmart’s profit takes a hit as fuel, labour costs rise

  Shares of Walmart fell eight per cent in morning trading Tuesday, its biggest one-day percentage drop since March 2020.

  Money

  May 17, 2022
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• No, Walmart is not partnering with litecoin for payments, spokesperson says

  The purportedly fake statement said Walmart would allow its customers to make payments with litecoin at its online stores sent litecoin prices up as much as 27.4 per cent.

  Consumer

  Sep 13, 2021