Walmart Stock Price, News & Analysis

Walmart Inc. (NYSE: WMT) will host a live conference call on February 17, 2022, at 7 a.m. CST, to discuss its fourth quarter earnings for fiscal year 2022. CEO Doug McMillon and CFO Brett Biggs will present the results and answer questions. Earnings results will be released at 6 a.m. CST on the same day, and a recorded webcast will be available from noon CST. Walmart continues to be a major player in retail, with a revenue of $559 billion and a workforce of over 2.2 million associates globally.

On January 31, 2022, Sam's Club announced its first-ever advertisement during the Big Game, featuring actor Kevin Hart. The 30-second spot showcases the Scan & Go app, allowing members to skip checkout lines, and will air in the fourth quarter. Additionally, Sam's Club will offer new members a limited-time deal based on the football yard line during the ad, with prices ranging from $1 to $45 until February 17, 2022. The campaign also includes a VIP sweepstakes for a chance to win membership packages and other prizes valued at $245,000.

Sam's Club, a division of Walmart (NYSE: WMT), has launched a nationwide rollout of Inventory Scan, enhancing its robotic scrubbers with a new scanning technology developed by Brain Corp. This initiative represents the largest tech deployment by Brain Corp, marking a significant advancement in inventory management. The new cloud-connected towers will provide real-time data on pricing accuracy, stock levels, and planogram compliance, optimizing store operations and improving the shopping experience for members.

Walmart and Plenty Unlimited Inc. have formed a strategic partnership involving a $400M equity investment from Walmart as part of Plenty's Series E funding, subject to regulatory approval. This collaboration aims to utilize Plenty's indoor farming technology to supply fresh produce to Walmart stores, starting with leafy greens sourced from Plenty’s Compton farm in California. Walmart becomes the first major U.S. retailer to invest significantly in vertical farming, reinforcing its commitment to sustainability and providing customers with high-quality, pesticide-free produce year-round.

Walmart (NYSE: WMT) is constructing a new 1,000,000+ square-foot fulfillment center in Olive Branch, Mississippi, aimed at enhancing its logistics and eCommerce capabilities. This facility, expected to open in Spring 2022, will create around 250 permanent jobs in the Memphis region. Walmart's fulfillment centers are designed to expedite delivery, with eCommerce sales rising 8% in Q3 of FY22 and 87% over the last two years. The investment is anticipated to bolster the local economy significantly, as stated by Gov. Tate Reeves.

Sam's Club, a division of Walmart (NYSE: WMT), is launching its first big game advertisement featuring Kevin Hart to promote its Scan & Go service. This initiative comes after Sam's Club reported a seventh consecutive quarter of double-digit comparable sales growth, with membership reaching an all-time high. The 30-second ad will air during the fourth quarter of the big game, highlighting the VIP shopping experience available to members. Sam's Club aims to leverage this high-profile exposure to increase brand awareness and engage a diverse audience.