The Score: GameStop, Walmart, Reddit and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Other symbols: GMERDDT
1 day ago - WSJ
Will Walmart Keep Its Rich Customers? The Challenges That Lie Ahead.
Higher-income shoppers helped the retailer post another blockbuster quarter.
1 day ago - Barrons
Walmart is finding its groove — and that should terrify Target
Walmart keeps posting strong earnings, driven in part by gains among higher-income shoppers. The retailer is investing in new stores, growing product selection, and e-commerce convenience.
1 day ago - Business Insider
Ex-Walmart US CEOBill Simon Says Retailer Won't Keep Affluent Shoppers
Walmartshouldn't count on keeping the affluent customers it has recently gained, the retailer's former U.S. CEOBill Simonsaid Thursday (May 16). Speaking on CNBC's Fast Money, Simon said that when ...
1 day ago - PYMNTS
Walmart Opens High Tech Fulfillment Center in Greencastle, Pennsylvania
GREENCASTLE, Pa.--(BUSINESS WIRE)--Walmart associates were joined by local elected officials and community members today to celebrate the grand opening of a new 1.5 million square-foot fulfillment cen...
1 day ago - Business Wire
How Walmart Is ‘Firing On All Cylinders'
On Thursday, the retailer topped quarterly estimates for earnings, revenue, and same-store sales growth.
1 day ago - Barrons
Walmart gains high-income shoppers as elevated prices persist
Walmart noted yet again that its continuing to gain even more higher-income shoppers. Executives say the driver isn't necessarily price but convenience.
2 days ago - Fox Business
Amazon, Walmart Aim to Retain Lower-Income Shoppers Amid Luxury Push
Amazon and Walmart may be setting their sights on high-income consumers, but as the two retail giants compete for shoppers' spending, they are working hard not to lose their lower-income customers in ...
Other symbols: AMZN
2 days ago - PYMNTS
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.
2 days ago - WSJ
Affluent consumers are creating a ‘bubble' at Walmart, warns retailer's former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.
2 days ago - CNBC
What Walmart's Q1 earnings are revealing about US consumers
Walmart (WMT) posted its first-quarter earnings report revealing revenue that beat expectations and showed a growth in its e-commerce arm. Comparable sales and transactions rose 3.8% in the US, while ...
2 days ago - Yahoo Finance
Walmart CFO: Shoppers Replacing Fast Food With Groceries
Walmart's grocery business is reportedly benefitingfrom the high price of fast food. The retailer's chief financial officer,John David Rainey,told CNBC Thursday (May 16) that it's “roughly 4.3 time...
2 days ago - PYMNTS
Walmart's boost from high-income shoppers is not good news for economy, says Fmr. Walmart U.S. CEO
Bill Simon, Former Walmart U.S. CEO, joins 'Fast Money' to talk economic trouble that may be lurking behind Walmart's positive numbers.
2 days ago - CNBC Television
S&P 500 Gains and Losses Today: Walmart Stock Soars After Strong Earnings Report
Major U.S. equities indexes ticked lower on Thursday, retreating from the all-time highs they posted Wednesday.
2 days ago - Investopedia
Why Walmart is emerging as a consumer favorite: Analyst
As consumers grapple with the reality of rising costs, finding ways to maximize their budgets has become essential. LSEG Director of Consumer Research Jharonne Martis joins Wealth!
2 days ago - Yahoo Finance
Walmart posts strong quarter thanks to higher income shoppers
Walmart's stock skyrocketed to a record high after solid quarterly results. Transcript: CONWAY GITTENS: I'm Conway Gittens reporting from the New York Stock Exchange.
2 days ago - The Street
Though Amazon Could Lead By 2026, Walmart Stock Has Upside
Walmart stock has enjoyed a great run since going public. But Amazon Amazon — despite growing more slowly than it has in the past — is likely to surpass Walmart Walmart in sales by 2026.
2 days ago - Forbes
Stock Market Today: Dow Flirts With 40K After Walmart Earnings
The 30-stock index briefly traded above the 40,000 mark as blue chip retail stock Walmart surged after earnings.
2 days ago - Kiplinger
Walmart's earnings beat helps push Dow past 40,000 mark
CNBC's Melissa Repko joins 'Power Lunch' to discuss Walmart's earnings beat and Dow push.
2 days ago - CNBC Television
WMT's E-Commerce Growth & HD Outlook for Home Improvement
Walmart's (WMT) 1Q adjusted EPS came in at $0.60 versus an estimated $0.52 and its revenue came in at $161.51B versus an estimated $159.36B. James E. Demmert discusses the takeaways from Walmart's ear...
Other symbols: HD
2 days ago - Schwab Network
4 Key Takeaways From Walmart's Earnings Call
Company leadership spoke on Walmart's (WMT) earnings call Thursday after the retail giant delivered a substantial earnings beat for the first quarter of fiscal 2025.
2 days ago - Investopedia
Wealthier customer flock to Walmart to boost retailer's sales in strong Q1 earnings
“Historically, Walmart has not been able to keep them after recessions end, but maybe this time is different."
2 days ago - New York Post
Walmart's strong forecast signals a resilient consumer
A positive forecast from retail bellwether Walmart on Thursday signaled a resilient U.S. shopper, in line with earlier remarks by one of its key suppliers and one of its retail rivals.
2 days ago - Reuters
Walmart says more diners are buying its groceries as fast food gets pricey
The company's CFO said customers across incomes are looking for cheaper meals.
2 days ago - CNBC
Walmart CFO: Shoppers still in stores, but wallets 'stretched'
Walmart (WMT) posted its first quarter report revealing a profit of $5.10 billion for the quarter and a 21% year-over-year growth in eCommerce sales. The company also posted its full-year guidance for...
2 days ago - Yahoo Finance
