Walmart News Now

08/24/2011 - 14:30

Classified Cosmetics announced that it has launched a line of aerobrush products at select Walmart stores and Walmart.com.

08/22/2011 - 16:35

The women who were part of the large class action lawsuit against Wal-Mart Stores have been given until Oct. 28 to file individual lawsuits against the company, a U.S. judge ruled, Reuters reported.

08/19/2011 - 10:16

Walmart International sales increased 7.1% to $27.8 billion in the second quarter and all countries produced sales growth, except Japan, when measured on a constant currency basis. Profitability didn’t improve as quickly. Operating profit was up 0.5% to nearly $1.3 billion, but if some one time charges are excluded the growth rate picks up to 5.6%.

08/19/2011 - 10:12

The trend of fewer people shopping Walmart stores less often has hurt the company’s efforts to revitalize U.S. sales growth, and now it the appears trip consolidation trend is playing out internationally as well.

08/18/2011 - 16:00

Blend equal parts easy prior year comparisons, the recent easing of gas prices with the pass through of product inflation , and Walmart could be looking at the recipe for same-store sales growth.

08/18/2011 - 15:55

Look for a big number out of Walmart come early October when it discloses 2012 expansion plans for smaller formats in conjunction with the company’s fall analysts’ meeting.

08/18/2011 - 15:04

Walmart beat analysts’ second quarter earnings estimates by a penny when it reported earnings per share of $1.09.

08/18/2011 - 13:17

Sam’s Club run of six consecutive quarters of accelerating same-store sales growth will come to an end in the third quarter unless the warehouse club operator exceeds guidance provided earlier this week after reporting a 5% second-quarter comp increase.

08/18/2011 - 12:55

There was a lot of talk about the favorable membership trends Sam’s Club experienced during the second quarter, thanks to membership and other income that increased 2.5% to $728 million.

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