Walmart Stock Price, News & Analysis

Walmart Inc. (NYSE: WMT) announced that its Chief Technology Officer, Suresh Kumar, will participate in the KeyBanc Technology Leadership Forum on Thursday, Oct. 21, at 11:30 a.m. CDT. The discussion will be available via live webcast through www.stock.walmart.com. A transcript will be accessible after the event. Walmart continues to lead in sustainability and serves around 220 million customers weekly across 10,500 stores globally, with a fiscal year 2021 revenue of $559 billion.

Sam’s Club is enhancing its holiday offerings this season, promising double the savings events compared to last year, alongside higher-quality gifts and food. The retailer aims to 'Bring the Merry' with early shopping events, a new direct-to-home wine program available in 16 states, and surprise experiences for members. The holiday preview catalog will feature top gifts, and celebrity demos are planned. With record membership levels, the club emphasizes convenience with services like Scan & Go and curbside pickup. Notably, Sam’s Club will introduce many new brands and exclusive items this season.

The Home Depot partners with Walmart to enhance delivery services, launching same-day and next-day delivery for home improvement products via Walmart GoLocal. The collaboration aims to enable delivery to 90% of the U.S. population, with plans to expand across multiple markets by year-end. In fiscal 2020, The Home Depot reported digital sales growth of 86%, with total sales reaching $132.1 billion. The initiative emphasizes the companies' commitment to improving convenience for customers in rural and suburban areas.

Walmart continues to enhance its money transfer services, announcing over $2.4 billion saved for customers since 2014. This initiative focuses on transparency and affordability, providing low-fee options. Launched in 2014, the Walmart2Walmart service has cut fees by 50% compared to competitors, creating significant market pressure to lower costs across the industry. Overall, customers have benefited from an estimated $6 billion in savings, both directly and indirectly. These efforts aim to foster financial inclusion for underbanked communities.

Walmart has published its Top-Rated by Kids Toy List for the holiday season, featuring 16 exclusive toys, the most ever for the retailer. The expanded toy assortment includes a variety of themes, emphasizing imaginative and active play. Walmart is enhancing the shopping experience with over 4,400 additional square feet in select stores for toy displays. Customers can choose from extensive pickup and delivery options, including express delivery. Additionally, gifts will be delivered in peek-proof bags to keep surprises under wraps.

Walmart has partnered with Epic, a leading health records system, to enhance healthcare services in its health centers. This partnership aims to streamline communication and provide personalized care through a unified platform. The initial rollout will begin in four new Walmart Health Centers in Florida in early 2022. Epic's system will facilitate better access to health records for customers and healthcare professionals, supporting all aspects of Walmart's health and wellness initiatives.

Walmart and Sam’s Club are now offering Pfizer booster shots at over 5,100 pharmacies nationwide for eligible individuals, including those aged 65+, high-risk individuals aged 50-64, and younger adults with underlying conditions. Additionally, Walmart is supporting long-term care facilities with boosters and coordinating with community groups for vaccine access. Walmart emphasizes convenience through a digital scheduling tool, walk-in availability, and a Wellness Day immunization event on Sept. 25.

Walmart (NYSE: WMT) has successfully closed its inaugural $2 billion green bond offering. The proceeds will fund various projects aimed at advancing the company’s sustainability goals, including achieving 100% renewable energy by 2035 and zero emissions by 2040. The green bond aligns with the 2021 Green Bond Principles and will support initiatives like renewable energy, high-performance buildings, and waste reduction. An annual report on the allocation of bond proceeds will be issued to enhance transparency. This offering is part of a broader $7 billion senior unsecured notes issuance.