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.
Walmart Inc. (NYSE: WMT) will hold a virtual meeting with the Investment Community on February 18, 2021, starting at 7 a.m. CST. The meeting will cover the company's fourth quarter financial results for fiscal 2021 and strategic priorities, followed by a Q&A session. Financial results will be released at approximately 6 a.m. CST on the same day and will be available on Walmart's corporate website. In fiscal year 2020, Walmart reported a revenue of $524 billion, with over 265 million customers visiting its stores weekly.
Walmart has announced the creation of a new fintech startup in partnership with Ribbit Capital, aimed at providing innovative and affordable financial solutions. This venture will harness Walmart’s retail expertise and Ribbit’s fintech knowledge to enhance financial services for customers and associates. Majority-owned by Walmart, the new company will have a board including Walmart leadership and plans to expand through industry partnerships and acquisitions. Walmart will continue offering existing financial services while focusing on delivering tech-driven financial experiences.
The Walmart Foundation is granting Feeding America $12 million over two years to combat food insecurity affecting 1 in 6 Americans due to COVID-19. This funding aims to expand food assistance access through the Order Ahead app and enhance food distribution capacity among food banks. Since February, Walmart has donated 480 million pounds of food and over $55 million in grants to hunger-relief efforts. Additionally, local Walmart stores are actively partnering with non-profits to address the surge in hunger needs during the holiday season.
Walmart has announced over $700 million in additional cash bonuses for its U.S. associates, recognizing their contributions during the pandemic. This includes $319 million in quarterly bonuses paid on Nov. 25 and an estimated $388 million in a special cash bonus to be distributed on Dec. 24. Eligible associates, approximately 1.5 million, will receive $150 for part-time and $300 for full-time roles. This marks the fourth special bonus since the pandemic began, bringing total bonuses in 2020 to over $2.8 billion. Walmart is also extending its COVID-19 Emergency Leave policy through July 5, 2021.
Walmart announces the expansion of Walmart+ benefits starting December 4, removing the $35 shipping minimum for members on Walmart.com orders. This enhancement aims to bolster Walmart+'s appeal during the holiday season, making it a more attractive membership program. Members will also continue to enjoy free next-day and two-day shipping on all Walmart items. Additionally, the retailer is increasing fuel discount locations, now including over 2,000 Walmart fuel stations and Sam’s Club locations. Walmart+ membership costs $98 annually or $12.95 monthly, with a 15-day free trial.
Walmart has appointed Dr. Cheryl Pegus as Executive Vice President, Health & Wellness, effective December 21. She will lead the company's healthcare initiatives, reporting to CEO John Furner. Dr. Pegus comes from Cambia Health Solutions and has extensive experience in clinical strategy and health equity. Walmart's health & wellness division includes over 4,700 pharmacies and 3,400 Vision Centers, emphasizing affordable healthcare. The company's notable initiatives include free health screenings offered during quarterly wellness days and a $4 generic drug program, demonstrating a commitment to accessible care.
Walmart Inc. (NYSE: WMT) is set to participate in the Morgan Stanley Virtual Global Consumer & Retail Conference on December 2, 2020. Doug McMillon, the company's CEO, will lead a live webcast discussion starting at noon EST, available on Walmart's investor relations website. Post-event, a transcript will be archived online. Walmart serves over 265 million customers weekly across 11,400 stores worldwide and reported $524 billion in revenue for FY 2020. The company emphasizes sustainability and corporate responsibility in its operations.
Walmart is introducing the "Walmart Holiday Drone Light Show" to spread holiday cheer across select U.S. communities. The event features nearly 1,000 Intel drones creating visual displays set to classic holiday music. From December 4-20, the light show will visit eight cities, offering a free, contactless experience for families. Viewers can also enjoy a live stream on Walmart's social media channels. This initiative aims to provide families with a delightful festive experience after challenging times, according to Walmart's chief marketing officer, William White.
Walmart reported strong third-quarter results, with total revenue reaching $134.7 billion, up 5.2% year-over-year, aided by increased demand. Excluding currency impacts, revenue would have grown 6.1%. Walmart U.S. comp sales climbed 6.4%, driven by key categories like health & wellness and food, while eCommerce soared 79%. Operating income rose 22.5% to $5.8 billion, and cash flow increased by $8.3 billion to nearly $23 billion. However, unfavorable currency exchange rates affected international sales.
Walmart has launched Walmart Pet Care, a comprehensive pet care suite targeting the 90 million U.S. pet owners. This service includes Walmart Pet Insurance and offers dog-walking and pet-sitting via Rover. With 98% of pets uninsured, Walmart aims to provide accessible pet insurance, letting customers save up to 10% on policies that cover accident and illness. Pet owners booking services through Rover can earn Walmart gift cards. This initiative aligns with Walmart's commitment to enhancing customer convenience amidst rising pet adoption rates during the pandemic.