walmart sales

Walmart's Profits Jump 5.7% in Q2 as Frugal Customers Return

Walmart's second-quarter net income rose 5.7% as the world's largest retailer wooed back frugal shoppers by doubling down on low prices. But quarterly revenue that came in short of expectations disappointed investors, who sent the company's stock down in premarket trading.

Walmart Stock Has Room to Rise Via Emerging Markets

Walmart's numbers have been stagnating in the U.S. lately, but overseas in emerging markets, the world's biggest retailer has been coming on strong. Its stock has been hovering in the low $50s -- and you won't believe where Trefis puts its estimate for the real value of the low-price giant.

Will Walton Family Dump Walmart's So-So CEO?

Walmart's annual shareholder meeting is Friday, and sure to be discussed will be the news that earnings for the last quarter weren't very good. Overall numbers were up only modestly, and U.S. same-store sales fell. Will CEO Michael Duke last through another change of strategy for the retail giant?

Walmart Raises Its Annual Dividend 21%

Walmart on Thursday raised its annual dividend 21% to $1.46 after reporting a 27% increase in net income for the fourth quarter last month. But after missing its own revenue projection, will the retail giant be able to turn its U.S. business around this year?

How Dollar Stores Are Eating Walmart's Lunch

Thrifty shoppers looking for low prices on basics are frequently passing up the big boxes of Walmart for the tighter aisles of their local dollar stores. The cheaper upstarts have replaced no-name products with nationally known brands and revamped their interiors to lure in a new crop of bargain hungry customers.

Overseas Sales Propel Walmart Earnings Higher

The giant retailer's profits grew 9% in the third quarter to $3.4 billion. But revenue disappointed analysts, mainly due to a small decline in U.S. sales. Still, the company raised its future earnings guidance.

Walmart: Shrinking Stores to Fit Urban Shoppers

The mammoth retailer plans to increase the number of its smaller-format stores and trim down the SuperCenters in new markets. The goal: To boost sales, especially among the lower-income households it considers its base.

Wal-Mart Profit Rises, Raises Full-Year Outlook

Sales and earnings at the world's largest retailer rose in the second quarter, in line with expectations. And even though it expects customers to remain cautious about shopping, Walmart hiked its full-year guidance.