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Walmart Earnings

Walmart's New U.S. CEO Hints At Major Problem

The Huffington Post | Jillian Berman | Posted 08.15.2014 | Business

Walmart’s new U.S. CEO is dedicated to keeping the company's shelves stocked, addressing a problem the retail giant hasn't always been happy to disc...

Clear Evidence That Costco And Walmart Live In Totally Different Worlds

The Huffington Post | Jillian Berman | Posted 05.29.2014 | Business

Apparently the weather is nicer at Costco than it is at Walmart. Costco on Thursday reported a $473 million profit for its fiscal first quarter, w...

Why Costco Is Crushing Sam's Club

The Huffington Post | Jillian Berman | Posted 05.16.2014 | Business

Sam’s Club, the Walmart-owned purveyor of bulk toilet paper and ketchup, had a terrible last few months, the company announced Thursday. Meanwhile i...

Well THAT Wasn't Pretty

AP | By MAE ANDERSON | Posted 07.15.2014 | Business

NEW YORK (AP) — Wal-Mart's first-quarter net income fell 5 percent as bad winter weather and financial struggles kept customers from spending at the...

Walmart's Weak Profits Are Proof We Need A Minimum-Wage Hike

The Huffington Post | Jillian Berman | Posted 02.20.2014 | Business

Walmart currently does not support raising the federal minimum wage. However, considering the company's lackluster performance over the past few month...

Bad News For Walmart

AP | By ANNE D'INNOCENZIO | Posted 04.22.2014 | Business

NEW YORK (AP) — Much like its low-income shoppers, Wal-Mart can't seem to catch a break as the U.S. economy rebounds. The world's lar...

Food Stamp Cuts So Devastating Even Walmart Is Too Expensive

The Huffington Post | Jillian Berman | Posted 02.03.2014 | Business

Walmart struggled at the end of last year. But according to the retailer's new estimations, it wasn’t because people didn’t want to buy. It was be...

Walmart Blames Its Troubles On Gov't Spending Cuts

AP/HuffPost | Posted 11.14.2013 | Business

Thanks to the federal government's relentless push to cut spending, Walmart's shoppers are hurting and so is the retailing giant. The company annou...

'Unrecovery' Hurting Low-Income Shoppers, McDonald's, Walmart

Reuters | Posted 10.16.2013 | Business

By Phil Wahba and Lisa Baertlein Aug 16 (Reuters) - From Wal-Mart Stores Inc and Gap Inc to Macy's Inc and McDonald's Corp, chains th...

Walmart Darkens Outlook Because Of Tough Economy, Payroll Tax Increase

AP | ANNE D'INNOCENZIO | Posted 10.15.2013 | Business

NEW YORK — Wal-Mart Stores Inc., the world's biggest retailer, said the weak global economy continues to batter its low-income shoppers. The ch...

Costco's Profit Soars As Low-Wage Competitors Struggle

The Huffington Post | Posted 05.31.2013 | Business

At a time when other retailers are struggling to get people into stores, Costco is enjoying a moment in the sun. The big box giant's profit jumped...

Walmart Exec Warns: Low-Income Shoppers Are Getting Squeezed

HuffPost/AP | Posted 02.21.2013 | Business

NEW YORK — Wal-Mart Stores Inc. offered a weak business outlook Thursday as new economic challenges for its low-income shoppers start to take a toll...

Walmart's Bribery Likely Not Limited To Mexico

AP | ANNE D'INNOCENZIO | Posted 01.15.2013 | Business

NEW YORK — Wal-Mart Stores Inc. reported a 9 percent increase in net income for the third quarter, but revenue for the world's largest retailer ...

Rock-Bottom Prices Luring Shoppers

AP | ANNE D'INNOCENZIO | Posted 10.16.2012 | Business

NEW YORK — Wal-Mart Stores Inc. reported a 5.7 percent increase in second-quarter net income and raised its outlook for the full year as the wor...

Apparently Bribery Allegations Aren't Hurting The Bottom Line

Reuters | Posted 07.17.2012 | Business

* Q1 EPS $1.09 vs Wall Street view of $1.04 * Walmart U.S. same-store sales up 2.6 pct * International bribery probe ong...

Walmart's Gain Indicate U.S. Economy May Be Headed For Rebound

AP | ANNE D'INNOCENZIO | Posted 01.15.2012 | Business

NEW YORK — Wal-Mart got an early Christmas gift: Its strategy of offering the lowest prices and shoppers' favorite goods is starting to bear fru...

No Downturn For Walmart As Retailer Posts Big Quarter

AP | ANNE D'INNOCENZIO | Posted 05.25.2011 | Business

NEW YORK — Wal-Mart Stores Inc. reported a 9.3 percent increase in third-quarter net income as the world's largest retailer benefited from cost ...