All articles tagged with #walmart
An 18-year-old Pensacola man followed a 43-year-old woman through a Walmart in Escambia County, exposed himself and performed a sex act on her back, with investigators later confirming semen on her back; he was identified via surveillance video and arrested the next day on charges of exposure of sexual organs and battery, held on $10,000 bond with a court date set for Aug. 31.
An Albany, Georgia Walmart shopper who found $30 on the floor prompted social-media backlash after police posted his photo; the man later returned the cash and the caller chose not to pursue charges.
Georgia police asked for public help identifying a man who picked up $30 dropped at a Walmart; he later returned the cash, and the owner chose not to press charges after getting it back.
Albany, Georgia police posted on Facebook asking the public to identify a man who picked up $30 found on the Walmart floor; the suspect later returned the money to the victim and charges were dropped, with online comments joking about the incident on social media.
Walmart posted a solid Q2 with 5.9% revenue growth and a 23% jump in global e-commerce, and raised its full-year sales forecast, while EPS guidance is $2.80-$2.97; tariff refunds of about $2.9B will help lower prices, but shares fell over 9% on the day as US comps grew 2.6% vs 3.5% expected and net income slipped to $6.3B, with fuel costs topping $2B. The stock's weakness may be short-term noise; Walmart remains a Dividend King with 53 straight annual increases, and it is expanding growth engines like Walmart+, a 38% rise in advertising revenue, and Sparky AI shopping agent (users up 70%, spend up 40%). Over five years, Walmart stock has outpaced the S&P 500, but The Motley Fool Stock Advisor does not currently rank Walmart among its top 10 picks, advising readers to weigh long-term appeal rather than a quick buy.
Walmart’s latest quarter shows solid fundamentals despite a stock pullback driven by lofty expectations and decelerating US same-store sales. The core business remains strong: Sam’s Club and Walmart US sales rise, international results are improving, and global e-commerce is up about 23%. Management notes ongoing consumer pressure but remains confident in serving customers, while analysts like Jefferies remain bullish on Walmart’s competitive position against Amazon. The dip appears due to high expectations rather than a deterioration in core fundamentals.
Walmart will begin a phased, state-by-state rollout of Apple Pay and other contactless payment methods in U.S. stores, starting next week and aiming for full availability by year-end; Missouri is not on the current schedule, with specific rollout windows announced for each state and for various payment methods (Apple Pay, Google Pay, Samsung Pay, wearables, and contactless EBT).
Walmart topped revenue expectations but missed US comp sales forecasts, and said it would reinvest about $2.9 billion in IEEPA tariff refunds as price cuts across more than 11,000 items, signaling continued relief for shoppers in Q3. Management cited real-wage growth supporting spending while noting fuel costs will pressure margins, but the tariff windfall helps fuel Walmart’s e‑commerce flywheel (delivery, marketplace, ads, membership) and prompted a raised full‑year outlook despite a quarterly comps miss.
Walmart posted a mixed quarter: revenue climbed to $187.9B and adjusted EPS of 81 cents, beating estimates, but U.S. same-store sales ex-fuel rose only 2.6%—the slowest since early 2020. Management cited a softer consumer environment and higher gas prices, even as Walmart unveiled about $2.9B in tariff refunds and rolled back prices on over 11,000 items. The company raised full-year guidance to 4-5% sales growth and $2.80-$2.87 in EPS, but analysts differed: Mizuho’s David Bellinger called the quarter a “worst-case scenario” while TD Cowen’s Oliver Chen noted near-term pressure but ongoing market-share gains. Broader U.S. retail data showed July sales dipped, underscoring lingering consumer headwinds.
Walmart beat adjusted EPS ($0.81) and revenue ($187.94B, +6%), raising FY27 guidance, but the stock fell about 9% as the margin gain from tariff refunds was largely reinvested into more than 11,000 price rollbacks, leading to softer Q3 guidance (EPS of $0.62–$0.64; sales growth 3.0%–3.75% in constant currency). The move contrasted with Target’s stock rally on a similar tariff windfall, and Walmart also highlighted a large buyback (about $3B) at higher prices than today’s level.
Walmart said quarterly sales grew at the slowest pace in over six years, with comparable-store sales up 2.6% excluding fuel, as US shoppers pull back amid higher fuel prices; the retailer plans to use up to $3 billion in tariff refunds to fund ongoing price cuts (rollbacks) that have boosted transactions, especially in food and staples. The environment remains uneven with lower-income shoppers cutting back, and margins could be pressured by ongoing automation and warehouse investments, though management notes some rollbacks could become permanent and points to memberships and advertising as additional growth areas.
Stocks fell sharply as rising Treasury yields and Walmart’s disappointing results weighed on sentiment, with the Dow down about 700 points to roughly 52,760 and the S&P 500 and Nasdaq also retreating; Walmart slid about 9% after missing sales estimates, oil rose and yields kept pressure on equities, while Deere rose on a raised full-year forecast and Coty and Advance Auto Parts fell on weak outlooks.
Walmart beat Q2 estimates and raised full-year guidance, but signaled a cooling U.S. consumer with comp sales up 2.6% ex-fuel (below 3.7% forecast). Per-transaction spend rose 1.1%, while price pressures, tariff-related costs, and about $2 billion in extra fuel costs weighed on margins, helping drive the stock lower as July retail data suggested weaker spending ahead.
Walmart will begin letting customers pay with Apple Pay or Google Pay at select Walmart and Sam’s Club locations starting August 24, 2026, with broader rollout to all U.S. stores by the end of the year and gas stations by mid-2027. The move ends Walmart’s long absence from NFC payments, which followed earlier attempts like Walmart Pay and the CurrentC saga, as the company says Tap to Pay will give customers more payment options.
Walmart will begin accepting NFC tap-to-pay options, including Apple Pay, at U.S. stores starting Aug. 24, with a full rollout to all locations by the end of 2026 and to gas stations by mid-2027. This replaces the existing Walmart Pay QR system and brings Apple Pay, Google Pay, and Samsung Pay to checkout, while Walmart Pay remains available. Apple Pay has been available in Walmart’s Canada stores since 2020, with Mexico plans not disclosed.