Walmart CFO John David Rainey talked to FOX Business about how the company has been "upleveling" its brand, helping it gain ...
For fiscal full year 2025, Walmart forecast EPS of $2.42 to $2.47 versus $2.45 consensus estimates. Fiscal full-year 2025 ...
Some of the general merchandise gains indicate that consumers are feeling relief from inflation, but some also have to do with Walmart's strategy, he said. The company has deepened its assortment ...
Walmart CFO John David Rainey explains why a growing number of customers are turning to them for their grocery needs. Rainey noted the new store experience is part of the reason.
Walmart’s U.S. business saw general merchandise sales turn positive — a sign that consumers are buying discretionary items again. Additionally, market share increased, driven primarily by ...
The necessity of grocery spending coupled with high gas prices led Walmart customers to avoid spending on general merchandise at the retailer. "The increasing levels of food and fuel inflation are ...
Last quarter, while some other general-merchandise retailers such as Target were struggling, Walmart noted strength in categories such as in-home tech, toys, and seasonal decor. The company has ...
Shoppers flocked to Walmart in the second quarter ... “Food is a strength, but we’re also encouraged by our results in general merchandise versus our expectations when we started the quarter ...