Welcome to our dedicated page for Walmart news (Ticker: WMT), a resource for investors and traders seeking the latest updates and insights on Walmart stock.
Walmart Inc. (WMT) generates a steady stream of news that reflects its scale as a global omnichannel retailer and its focus on technology, health, and community. Each week, approximately 270 million customers and members visit more than 10,750 Walmart stores and eCommerce sites in 19 countries, and the company’s announcements often highlight how it serves this broad customer base across retail, logistics, and digital channels.
On this news page, readers can follow updates on new store openings and format innovations, such as the Eastvale, California Supercenter designed as part of Walmart’s Store of the Future concept. Coverage includes details on modern layouts, digital-first in-store experiences, and expanded services like pharmacies, Vision Centers, and fuel stations that illustrate how Walmart adapts to changing customer needs.
Investors and customers will also find news about Walmart’s technology partnerships and AI initiatives. Recent releases describe a collaboration with Google’s Gemini to enable agent-led commerce and integrate Walmart and Sam’s Club assortments directly into AI-powered discovery, as well as the use of Walmart’s own Gen AI assistant, Sparky, to personalize holiday and everyday shopping.
Health and wellness announcements are another key theme, including the launch of Better Care Services, an online destination that connects customers to third-party urgent care and behavioral health providers, and the expansion of nutrition tools and wellness events. In addition, Walmart issues updates on supply chain investments, such as new milk processing facilities, and on capital markets milestones like its transfer of stock and bond listings to Nasdaq.
By following Walmart news on this page, readers can monitor developments in store strategy, digital commerce, health offerings, executive and board changes, and financial communications that shape the company’s role in the retail trade sector.
Bonobos launched its Fall 2022 campaign, featuring actor Nick Kroll, celebrating the fit of its men's apparel. The campaign showcases various pant styles, including Slim Taper and Athletic Fit, promoting confidence through better fitting clothing. Running from September 6 to mid-November, the campaign includes digital ads, social media, and TV spots, alongside physical promotions in Bonobos Guideshop locations. The creative was developed with Transport New York, highlighting a commitment to style and comfort.
Walmart has announced a strategic partnership with Sustainable Beef LLC, acquiring a minority stake in the rancher-owned company. This investment aims to enhance the beef supply chain by supporting the construction of a new processing facility in North Platte, Nebraska, which is set to create over 800 jobs and is expected to open by late 2024. Walmart intends to improve access to high-quality beef for its customers while fostering growth for ranchers, ensuring responsible animal care practices, and boosting the overall capacity of the beef industry.
Walmart has launched its 2022 Top Toy List, featuring 55 of the season's most sought-after toys, with over half priced under $50 and many under $25. The list includes popular brands like LEGO, Cocomelon, and Barbie, along with exclusive Walmart offerings. Customers can shop early, with many toys available for immediate purchase or pre-order. Walmart aims to enhance shopping convenience with curbside pickup and delivery options, promising to meet the needs of families during the holiday season.
Walmart partners with myQ to enhance in-garage delivery for Walmart+ InHome services. This collaboration allows users of myQ smart garage technology to receive groceries and household essentials directly in their garages, addressing delivery safety concerns. With over 210 million packages reported stolen from porches, this innovation aims to offer consumers more control over their deliveries. Walmart associates will handle the deliveries, ensuring items are placed securely in the garage, including any available refrigerator space. The initiative is part of Walmart's ongoing efforts to improve customer convenience.
Canoo (NASDAQ: GOEV) and Walmart (NYSE: WMT) have initiated advanced deliveries of Canoo's Lifestyle Delivery Vehicles (LDVs) in the Dallas Fort Worth area following an agreement to purchase 4,500 vehicles. The LDVs are designed for efficient, emission-free deliveries and are customizable for Walmart's needs, contributing to its sustainability goals of zero emissions by 2040. The unique modular design of the LDV allows for 120 cubic feet of cargo space and is engineered for high-frequency deliveries, enhancing operational efficiency.
Walmart Inc. (NYSE: WMT) reported Q2 FY23 earnings with a GAAP EPS of $1.88 and an Adjusted EPS of $1.77. The company achieved a total revenue of $152.9 billion, marking an 8.4% increase. Comp sales for Walmart U.S. grew 6.5%, with eCommerce growth at 12%. Walmart International net sales rose to $24.4 billion, despite a $1.0 billion negative impact from currency fluctuations. A notable decline in consolidated gross profit rate was recorded at 132 basis points due to markdowns.
Walmart is enhancing its Walmart+ membership by adding a Paramount+ Essential Plan at no additional cost, effective September. Members can enjoy popular shows and movies, boosting the membership's perceived value without a price increase ($98/year or $12.95/month). This move aims to attract more subscribers as 85% of U.S. households use streaming services. Walmart’s strategy focuses on providing comprehensive benefits, as evidenced by positive member growth since its launch in September 2020.
This month, Walmart will open a new 400,000 square-foot high-tech consolidation center in Lebanon, PA, creating nearly 1,000 jobs. The facility will utilize automated technology, allowing three times more volume to flow through and improving supply chain efficiency across 42 regional distribution centers. This center will help suppliers consolidate deliveries into larger freight loads, streamlining processes. Walmart is continuously investing in its supply chain technology to enhance product delivery and service small to medium-sized suppliers.
Walmart Inc. (NYSE: WMT) will hold a live conference call at 7 a.m. CDT on Aug. 16, 2022, to discuss its second quarter earnings results for fiscal year 2023. CEO Doug McMillon and CFO John David Rainey will present and answer questions during the call. Earnings results will be released at 6 a.m. CDT on the same day. Investors can access the live event and archived results via Walmart's corporate website.
Walmart (NYSE: WMT) has formed a partnership with Getaway to open mini-retail experiences called The General Store at select Getaway Outposts, enhancing access to nature for guests. Starting this fall, these stores will offer outdoor gear and essentials, promoting convenience for visitors. The first location opens in August 2022 at Getaway Hill Country in Texas, with more stores planned across the U.S. The initiative aims to support local communities and provide guests with a unique shopping experience, and it includes a complimentary Walmart+ trial for guests.