Wal-Mart Stores, Inc.
News and overview for Wal-Mart Stores, Inc.
Wal-Mart Stores will offer 100 toys for $10 during holiday season
Sun (Baltimore), The | 46 days 6 hours 56 minutes ago
Wal-Mart Stores Inc., the world's largest retailer, said Wednesday it will offer more than 100 toys at $10 during the key holiday season.
Deja vu: Wal-Mart, Amazon, Target in DVD price war
Chattanooga Times Free Press (Tenn.) | 15 days 5 hours 3 minutes ago
NEW YORK β First it was books. Now itβs DVDs
Wal-Mart posts 3% rise in profit for 3Q
Indianapolis Star, The | 11 days 17 hours 59 minutes ago
Wal-Mart Stores Inc., one of the top employers in Indiana, today reported a 3.2 percent increase in third-quarter profit, helped by inventory controls and other cost-cutting measures.
Fitch: Increased Stability Expected in 2010 for U.S. Retail due to Improved Cash Flow & Liquidity [Press Release]
Business Wire | 5 days 19 hours 5 minutes ago
Fitch Ratings expects increased stability in ratings for U.S. retailers and a long-term stable outlook for the sector in 2010. Some Negative Rating Outlooks may migrate to Stable if sales trends stabilize, margins improve on better inventory positions and cash flow generation and liquidity remain adequate. A few Negative Outlooks have been revised to Stable in recent months with 10 companies or 37% of U.S. retailers under coverage having Negative Rating Outlooks compared to 12 companies or 44...
Retail shares rise slightly on Oct. sales data - MarketWatch
MarketWatch | 18 days 16 hours 2 minutes ago
The S&P Retail Index /quotes/comstock/10u!rlx.x (RLX 387.86, +6.10, +1.60%) was up less than 1% at 383.62.
Wal-Mart, Kohl's report profit gains
Cincinnati Enquirer, The | 11 days 6 minutes ago
Wal-Mart Stores Inc. is reporting a 3.2 percent increase in profit for the third quarter, helped by cost-control measures.
Former Wal-Mart CEO Lee Scott Joins Solamere Capital as an Operating Partner and as a Member of the Firm s Investment Committee [Press Release]
Business Wire | 13 days 16 hours 14 minutes ago
Lee Scott, former Wal-Mart CEO, has joined the private equity firm Solamere Capital as an Operating Partner and as a member of its Investment Committee.
Retail stocks rise; Macy's drops on forecast miss - MarketWatch
MarketWatch | 12 days 17 hours 2 minutes ago
Macy's stock was down 6.1% at last check. The company posted a narrower-than-expected third-quarter loss, helped by its "My Macy's" initiatives to tailor merchandise to local demand and by improved results for its upscale Bloomingdale's chain.
Is Amazon overvalued at its all-time high? - MarketWatch
MarketWatch | 31 days 15 hours 38 minutes ago
However, many brokers were still in support of the stock Friday as the shares surged more than 24% to set a new all-time high -- on a split-adjusted basis -- of $116.88 by midday trading. At least four brokers upgraded their ratings to buy following the company's strong third-quarter results, in which earnings jumped 69% on strong sales across all product lines. See full story on Amazon's results.
Hasbro's quarterly profit rises on cost cuts - MarketWatch
MarketWatch | 35 days 13 hours 21 minutes ago
Net income for the world's second largest toy maker was $150.4 million, or 99 cents a share, compared with net income of $138.2 million, or 89 cents a share, in the year- earlier period. The most recent quarter included a hit of 3 cents a share on the company's investment in its joint venture with Discovery Communications and initial investments in Hasbro's virtual studio.
Wal-Mart says cuts, slower growth to be positives
Yahoo! | 32 days 1 hour 51 minutes ago
NEW YORK β Wal-Mart Stores Inc.'s CEO and President Mike Duke promised investors Thursday that the retailer's aggressive price-cutting will not hurt its stock price, even as the company issued a modest forecast for U.S. expansion this year and next.
Holiday shopping faces another drop-off - MarketWatch
MarketWatch | 34 days 20 hours 17 minutes ago
After the 2008 holiday season's whopping 15% decline in store traffic, shopper visits for the industry's biggest selling period this year are expected to decline another 4.2%, according to a survey by ShopperTrak, an industry tracker.
Upside in retail-sales data lifts retail stocks - MarketWatch
MarketWatch | 40 days 17 hours 46 minutes ago
The S&P Retail Index /quotes/comstock/10u!rlx.x (RLX 395.37, +4.14, +1.06%) rose 1.6% to 397.42, tracking the broader markets.
Retail stocks rise as Abercrombie upgraded to buy - MarketWatch
MarketWatch | 42 days 17 hours 56 minutes ago
"Improved inventory positioning, increased fashion penetration, lower pricing and international growth provide catalysts going forward," said analyst Amy Noblin in a note.
Wal-Mart posts 3 percent profit increase in 3rd quarter; important sales measure slips
Chicago Tribune | 11 days 18 hours 47 minutes ago
NEW YORK (AP) β Wal-Mart Stores Inc. reported a 3.2 percent increase in third-quarter profit, helped by inventory controls and other cost-cutting measures.
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Company Overview
| Company: | Wal-Mart Stores, Inc. |
|---|---|
| Industry: | Discount & Variety Retail |
| Website: | http://www.walmartstores.com |
Wal-Mart Stores is an irresistible (or at least unavoidable) retail force that has yet to meet any immovable objects. Bigger than Europe's Carrefour, Tesco, and Metro AG combined, it is the world's #1 retailer, with more than 7,870 stores, including about 890 discount stores, 2,970 combination discount and grocery stores (Wal-Mart Supercenters in the US and ASDA in the UK), and 600 warehouse stores (SAM'S CLUB). About 55% of its stores are in the US, but Wal-Mart continues expanding internationally; it is the #1 retailer in Canada and Mexico and it has operations in Asia (where it owns a 95% stake in Japanese retailer SEIYU), Europe, and South America. Founder Sam Walton's heirs own about 40% of Wal-Mart.
Key Numbers
| Sales in U.S. Dollars (mil.) | 405,607 (2009) |
|---|---|
| One-year % Growth in Sales | 7.1 (2009) |
| Net Income in U.S. Dollars (mil.) | 13,400 (2009) |
| One-year % Growth in Net Income | 5.3 (2009) |
| Number of Employees | 2,100,000 (2009) |
| One-year % Growth in Number of Employees | 0.0 (2009) |
| Fiscal Year-End | January |