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for walmart, that's a big deal. on top of that, inventories were 55 billion, down 2.7% year over year as opposed to sales growth up 6%. so, margins are going to continue to improve in an environment where they're winning. so, yes, valuation is a concern, we've said it for awhile, but you stay with the stock. >> unlike past reports, we're seeing an increase in volume, in transactions, not just an increase in revenues from price increases, which is sort of the trend we've seen in retail in general. >> yeah, and guy mentioned inventory. think about how far removed we are from the inventory snafus of six, seven kwaugters ago, when people thought, these are the smartest guys in the room in retail, how did this happen? but for walmart, it's all about gr gross margin. and that's where the multiple in the stock, at least, has plenty of support around here. and i think the question is, how much higher can the multiple go based upon how much higher can the margin go? gross margin was up about 42 bips. e-commerce added 340 bas
for walmart, that's a big deal. on top of that, inventories were 55 billion, down 2.7% year over year as opposed to sales growth up 6%. so, margins are going to continue to improve in an environment where they're winning. so, yes, valuation is a concern, we've said it for awhile, but you stay with the stock. >> unlike past reports, we're seeing an increase in volume, in transactions, not just an increase in revenues from price increases, which is sort of the trend we've seen in retail in...
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May 16, 2024
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. ., walmart. thank you so much for 'oinin: us walmart. thank you so much for joining us today. _ walmart. thank you so much for joining us today, sorry _ walmart. thank you so much for joining us today, sorry it - walmart. thank you so much for joining us today, sorry it was - walmart. thank you so much for. joining us today, sorry it was such a brief one, hopefully we will talk again soon. let's go to asia now — because japan's economy has slumped in the first three months of this year — hit by months of weak consumer spending. japan is on track to lose its status as the world's number four economy to india, which could overtake it next year, according to the international monetary fund. japan's total economic output or gross domestic product shrank at an annual rate of 2% betweenjanuary and march — that's a lot worse than the 1.5% fall expected by economists. so why is it struggling? our asia business reporter mariko oi explains. it boils down to the purchasing power of a common family nam
. ., walmart. thank you so much for 'oinin: us walmart. thank you so much for joining us today. _ walmart. thank you so much for joining us today, sorry _ walmart. thank you so much for joining us today, sorry it - walmart. thank you so much for joining us today, sorry it was - walmart. thank you so much for. joining us today, sorry it was such a brief one, hopefully we will talk again soon. let's go to asia now — because japan's economy has slumped in the first three months of this year —...
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May 22, 2024
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walmart -- walmart is not anecdotal. costco is $130 million walmart's double that. you've got -- walmart has big international, too you've got to look at what the companies are saying, not the aggregate data, because the aggregate data is often wrong or late if i were fed governor, i would say, we got really good news from walmart and home depot. but they'll never mention a company ever they're almost anti-empirical in the way that they speak. therefore, they don't have the rigor that i expected. >> a lot of it is very qualitative. >> they shoot from the hip if i want to shoot from the hip, i would be anthony edwards >> that's the second day in a row with that joke >> he's the next michael jordan. that's why nbc ought to get the contract okay because when you get to the playoffs, it's dazzling. for the first 80 games, not so much >> right jim, we mentioned adi leading the s&p here, but on semi, qualcomm, they're all in the top 20 >> we've been waiting for vincent roche -- he's really good, the ceo. "we believe in inventory rationalization across our broad customer b
walmart -- walmart is not anecdotal. costco is $130 million walmart's double that. you've got -- walmart has big international, too you've got to look at what the companies are saying, not the aggregate data, because the aggregate data is often wrong or late if i were fed governor, i would say, we got really good news from walmart and home depot. but they'll never mention a company ever they're almost anti-empirical in the way that they speak. therefore, they don't have the rigor that i...
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Feb 20, 2024
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joining us now to make the case for walmart is greg melich, equity analyst with evercore isi and walmart is his top picks and for target, is gordon, he upgraded target and highlights it as one of his top ideas for the year. good to have you with us. it's not that you don't like walmart, it's just that you like target a little better and if i'm reading my notes right you're seeing a return of 12% in that stock. >> what is it that you like about walmart? >> i like both of them, actually. please take it easy on me if you this in this bullfight. i do like target. target's significantly underperformed over the last 18 months where az walmart is up close to 25%, and costco is up 20% and target trades at 14 times and it's significantly underperformed and when we look ahead we think there will be some mean reversion within the general merchandise category, i think we've started to see some signs of that over the past couple of months from costco who has called out an improvement in the discretionary and walmart improved. the big thing for us is we think the general merchandise category is stabil
joining us now to make the case for walmart is greg melich, equity analyst with evercore isi and walmart is his top picks and for target, is gordon, he upgraded target and highlights it as one of his top ideas for the year. good to have you with us. it's not that you don't like walmart, it's just that you like target a little better and if i'm reading my notes right you're seeing a return of 12% in that stock. >> what is it that you like about walmart? >> i like both of them,...
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May 16, 2024
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walmart is up premarket. they have beat estimates of forecasted better-than-expected did your results. he, shall are driver jumping 20%. -- e-commerce jumping 20%. >> high quality, better sales, better membership. inventory is in great shape. i think the real story here is full of the top line we started for the first time strong dollar growth. a really impressive print and probably a tough quarter for retail. we're pretty happy with the numbers. where is that coming from? stock: gross margins were successful in their markdowns were lower year-over-year. we are starting to see some of their other business mixes start to affect the p&l. lisa: there is the shopping part of this in the amazon competition when you ask where are they taking market share from? you mentioned advertising, data, e-commerce are the evening amazon's lunch? chuck: there taking share from several parts of retail. their competitors are all the start, kroger. the consumer is seeking value, they are winning. annmarie: in a time there is disi
walmart is up premarket. they have beat estimates of forecasted better-than-expected did your results. he, shall are driver jumping 20%. -- e-commerce jumping 20%. >> high quality, better sales, better membership. inventory is in great shape. i think the real story here is full of the top line we started for the first time strong dollar growth. a really impressive print and probably a tough quarter for retail. we're pretty happy with the numbers. where is that coming from? stock: gross...
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May 16, 2024
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walmart meanwhile out. let's get to cheryl casone with the numbers. >> we've got a double beat, we came in at 60-cents on an adjusted base a sis and the estimate was 52, so that is a strong showing for walmart. revenue, 161.5 billion, the estimate was 159.5 billion. u.s. same store sales, we were looking for that to come in higher by 3.15%. that was a jump of 3.8%. so that was a strong number on u.s. based same store sales. revenue growth, that was 6%. operating income grew almost 10%. even on an adjusted basis, even better, up 13%. e-commerce in particular he globally picking up steam family room for the company, this is the online story. they're sitting on more than 4 billion in operating cash flow and they repurchased 18 million shares for 1.1 billion. if you're looking for bad news on walmart, you're not going to find it right now. overall, it looks that even with their ad business growing 24% and 21% jump in e-commerce sales on a global basis, and the share repurchase, maria, the story continues to sho
walmart meanwhile out. let's get to cheryl casone with the numbers. >> we've got a double beat, we came in at 60-cents on an adjusted base a sis and the estimate was 52, so that is a strong showing for walmart. revenue, 161.5 billion, the estimate was 159.5 billion. u.s. same store sales, we were looking for that to come in higher by 3.15%. that was a jump of 3.8%. so that was a strong number on u.s. based same store sales. revenue growth, that was 6%. operating income grew almost 10%....
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May 13, 2024
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>> overall this week, i'll say walmart. anyone who is best positioned is anyone that is topped into wellness or entertainment. the consumer -- what i agree with is the consumer is spending at the priority. they are still going out to east a eat because it may not be top of the line, but there is that category. >> jessica and bill, thank you it is a big week for the consumer see you soon. >>> coming up on the show, skipping wall street. where fast fashion shein is looking to a new ipo >>> cnbc is celebrating asian american and pacific islander throughout the month of may. >> the determination and grit i developed led to the perseverance i needed. we are no longer considered a minority that enhances the community to help push out forward and be successful something amazing is happening here. students are inspired and engaged. that's because school districts consulted with cdw to design modern classroom solutions with preconfigured hp devices making education immersive, accessible and secure. now, when researchers study elepha
>> overall this week, i'll say walmart. anyone who is best positioned is anyone that is topped into wellness or entertainment. the consumer -- what i agree with is the consumer is spending at the priority. they are still going out to east a eat because it may not be top of the line, but there is that category. >> jessica and bill, thank you it is a big week for the consumer see you soon. >>> coming up on the show, skipping wall street. where fast fashion shein is looking to...
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that is the story at walmart. i will stay at businesses that are on the lower end of the market in terms of cost. at the low cost airline easyjet, its all change at the top. the big boss — chief executivejohan lungren — is to step down early next year. succession is in place with the chief financial 0fficer stepping up. speaking to us earlier, mr lungren said he was dedicated to the airline and focused on what he called �*another record summer�* whilst defending the hundreds of flights it was forced to cancel last year. that has been something that has been happening really across the whole of the industry. we have had a great start to the year from an operation point of view, in terms of our on—time performance as well. and summers are challenging, you know. this is true that there's less airspace available and there's more capacity, but that is something that is happening and taking place, and all the airlines and airports are exposed to it. but on the other hand, i must also say that i think every pla
that is the story at walmart. i will stay at businesses that are on the lower end of the market in terms of cost. at the low cost airline easyjet, its all change at the top. the big boss — chief executivejohan lungren — is to step down early next year. succession is in place with the chief financial 0fficer stepping up. speaking to us earlier, mr lungren said he was dedicated to the airline and focused on what he called �*another record summer�* whilst defending the hundreds of flights...
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Feb 20, 2024
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international sales for walmart, 17.6% is the jump for walmart sales but again, it is the double beat here that really the board has completely approved, unanimously approved the transaction for vizio. and they say it will be slightly dilutive to earnings per share coming up. but again, this is the big news coming out as far as vizio goes. going back to what we're looking for for walmart, the dividend increase is good news. the forecast and the commentary about the consumer really matters when it comes to walmart. and basically right now they're pushing out the numbers as far as vizio goes. comp sales, if you take you out fuel, looks like that was pretty strong, 4%. but those are kind of the stronger headlines here from walmart. i'm going to dig into more of the consumer forecast which i don't have yet to give you and the panel instant reaction time. maria: i want to know about the e-commerce business. i also want to know about grocery. this has been a real priority for doug mcmillon at walmart. i've got a guggenheim report right in front of me and the analysts there from february 15t
international sales for walmart, 17.6% is the jump for walmart sales but again, it is the double beat here that really the board has completely approved, unanimously approved the transaction for vizio. and they say it will be slightly dilutive to earnings per share coming up. but again, this is the big news coming out as far as vizio goes. going back to what we're looking for for walmart, the dividend increase is good news. the forecast and the commentary about the consumer really matters when...
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Feb 20, 2024
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i think walmart is going to catch a second wave as we get close to the split. >> walmart is going to open at a new high. depot is going in the opposite direction. >> i don't want to dump on depot. >> we don't have to dump on it. the stock is doing what the stock is doing. >> the stock is dumping on itself. i don't have to jump on that bandwagon. >> important earnings reports, but the major earnings report is nvidia. that's wednesday. >> i can't take the pressure. >> a lot of pressure because the stock is up better than 240% over the last year, up 50% or so in just three months. what's riding on that this week? >> well, okay. there's no doubt that nvidia is the most important. this is the stock out of nowhere has come the biggest. >> big enough that you have a big fat folder on it. >> they have a big march conference where they'll lay out the new ai vision as if they don't own the old ai vision. that's the gtc conference. last year they had that $4 billion upset surprise. and then, if you take a look, the stock was flat for the second half of 2023. it turned out to be digestion. i don
i think walmart is going to catch a second wave as we get close to the split. >> walmart is going to open at a new high. depot is going in the opposite direction. >> i don't want to dump on depot. >> we don't have to dump on it. the stock is doing what the stock is doing. >> the stock is dumping on itself. i don't have to jump on that bandwagon. >> important earnings reports, but the major earnings report is nvidia. that's wednesday. >> i can't take the...
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May 16, 2024
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at the same time, walmart is a -- walmart wants prices to be low, and people who shop at walmart realize they are indeed getting the bargains that sam walton used to talk about. >> meantime, advertising up 24%. >> that's found money. >> inventory in the u.s., down 4%. >> how about the fact that they closed those minute clinics when they realized they couldn't make any money? some people were critical of that, saying, that's an example of how they can't grow. how about they just had the guts to admit they made a mistake? >> you were impressed by that. >> oh my. when i went over it with them, they said, look, staffing is a problem. why would we want to do that? it turns out to be not si synergistic. i wonder, what is the like for cvs, especially when amazon is gunning for the front part of the store and now wants the back part of the store with automatic drugs that are cheaper than cvs? very challenged. >> let's touch on cisco, jim. the year over year revenue number is awfully weak, worst in years, but talk about stabilization of demand. we got splunk now rolling into results. >> that was
at the same time, walmart is a -- walmart wants prices to be low, and people who shop at walmart realize they are indeed getting the bargains that sam walton used to talk about. >> meantime, advertising up 24%. >> that's found money. >> inventory in the u.s., down 4%. >> how about the fact that they closed those minute clinics when they realized they couldn't make any money? some people were critical of that, saying, that's an example of how they can't grow. how about...
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Apr 23, 2024
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and of course; having that huge customer base for walmart and then also walmart being the largest private employer in the country, that's another way that it can kind of grow its users over time for all the services. >> does walmart have a history in financial services, hugh? >> yeah. funny you ask. they want to get into banking since the '90s they have had three or four attempts through different avenues. one is to be in utah, industrial loan company way back in the day. and at each juncture they were blocked by lawmakers and bank lobbyists because the specter of a bank of walmart was so scary and you could always talk about how this could potentially squeeze out small lenders and result in, you know, a lot of pressure in that industry. so, they've always been blocked. and in this iteration, this latest attempt, is why they created a joint venture with ribbit capital, well known for backing places like affirm and robinhood. well known fintech vc firm they created this arm's length creation but at the same time, if you look at the structure of one, the board is composed of the ceo and cfo
and of course; having that huge customer base for walmart and then also walmart being the largest private employer in the country, that's another way that it can kind of grow its users over time for all the services. >> does walmart have a history in financial services, hugh? >> yeah. funny you ask. they want to get into banking since the '90s they have had three or four attempts through different avenues. one is to be in utah, industrial loan company way back in the day. and at...
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Feb 20, 2024
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cirkul, available at walmart and drinkcirkul.com. when i was your age, we never had anything like this. what? wifi? wifi that works all over the house, even the basement. the basement. so i can finally throw that party... and invite shannon barnes. dream do come true. xfinity gives you reliable wifi with wall-to-wall coverage on all your devices, even when everyone is online. maybe we'll even get married one day. i wonder what i will be doing? probably still living here with mom and dad. fast reliable speeds right where you need them. that's wall-to-wall wifi on the xfinity 10g network. >>> good morning. stock futures are under pressure to start the holiday-shortened week. responding to the inflation numbers that seem like it happened a long time ago. goldman sachs out with the new call and in this case raising the price target for the s&p for the second time since mid-december. >>> what's in your wallet? capital one buying discover in a $35 billion all stock deal. >>> retail reports. quarterly results from home depot and walmart due
cirkul, available at walmart and drinkcirkul.com. when i was your age, we never had anything like this. what? wifi? wifi that works all over the house, even the basement. the basement. so i can finally throw that party... and invite shannon barnes. dream do come true. xfinity gives you reliable wifi with wall-to-wall coverage on all your devices, even when everyone is online. maybe we'll even get married one day. i wonder what i will be doing? probably still living here with mom and dad. fast...
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eastern on "mad money" with dough mcmillon of walmart. for more. let's bring in former walmart u.s. ceo bill simon, currently sits on the board of darden restaurants and hanes brands. bill, welcome. >> good to be with you. >> let's say you are back at walmart today and you are probably doing high fives, pretty good report. >> yeah, you know, really doesn't get better than that. those guys have done a good jobs it's really important, you tell them what you're going to do and then you actually do it. and then you tell them again and you do it again, and that's what happens. and i think they've done a good job with that. >> is the economy, and the consumer, setting up to favor -- just -- is walmart in a perfect place for where the consumer and the economy is today? >> well, the company was built for times like this and an economy like this. they've got a real nice tailwind with food inflation that's been pushing them along. they are just so able, as doug mentioned, to deliver on the value proposition that the customer is looking for right now, and, you know, when half of the customer's
eastern on "mad money" with dough mcmillon of walmart. for more. let's bring in former walmart u.s. ceo bill simon, currently sits on the board of darden restaurants and hanes brands. bill, welcome. >> good to be with you. >> let's say you are back at walmart today and you are probably doing high fives, pretty good report. >> yeah, you know, really doesn't get better than that. those guys have done a good jobs it's really important, you tell them what you're going to...
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May 16, 2024
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walmart. sales gains are not ininflation-driven. it's been driven by higher-end consumers trading down. that sounds inflationary to me. maria: trisha mclaughlin. >> i'm getting my pop corn ready for the upcoming debate with, but with i think republicans need to not shoot themselves in the foot. don't set the bar so low for biden that he automatically supersedes it. maria: todd piro. >> bob costello, if he ends up testifying for the defense, this is the really over. maria: that testimony was incredible. ing that'll do it for us. have a great day, everyone. mark tepper, trisha and todd, thanks for being here. "varney & company" picks it up now. stuart: good morning, everyone. all-time highs across the board, the value of all publicly-traded stocks has gone up by $10 trillion in the last 122 months. that is a wealth creation machine like no other, and there's no pullback this morning. the dow can, it's getting close to 40,000, real close actually, it's going to be not much change to start the day
walmart. sales gains are not ininflation-driven. it's been driven by higher-end consumers trading down. that sounds inflationary to me. maria: trisha mclaughlin. >> i'm getting my pop corn ready for the upcoming debate with, but with i think republicans need to not shoot themselves in the foot. don't set the bar so low for biden that he automatically supersedes it. maria: todd piro. >> bob costello, if he ends up testifying for the defense, this is the really over. maria: that...
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Feb 16, 2024
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those numbers come through on tuesday for walmart. up, next tracking the biggest movers as we head into the close. christina standing by with those. >> we're seeing a new record for one ship maker and strong outlook in the advertising industry that is driving one name higher. i will of course explain those details right after the short break. the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com >>> got about 19 and a half minutes to the closing bell. s&p 500 in about a third of a percent, just shy of a record. let's go to kristina for the stock to watch. >> after two years of dealing with customer inventory digestion, chip makers are finally seeing return to growth. applied materials, the latest and largest u.s. semi cap crater provided upbeat guidance because of increases. when in cloud capex. higher spendin
those numbers come through on tuesday for walmart. up, next tracking the biggest movers as we head into the close. christina standing by with those. >> we're seeing a new record for one ship maker and strong outlook in the advertising industry that is driving one name higher. i will of course explain those details right after the short break. the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake...
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May 16, 2024
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does the walmart -- what does the walmart report tell you about the economy? >> normally i say a lot but when you have 600 family dollar stores shutting, where are most of them going? when you have 400 footlockers shutting, guess where they are going? macy's are shutting, guess where they are going also, walmart is taking advantage, one of the greatest stories in the history of the united states, $650 billion in revenue where cashiers become managers of stores if not more. a magnificent cash generating machine that is actually themselves a has inflation down because of their lower prices and what they've done through the years. i'm not so sure it is on the economy. stuart: i want to comment from you on the big picture rally. we gave numbers out this morning that in the last 365 days the value of all publicly traded stocks is gone up by $10 trillion. i've been around a long time and don't recall seeing an explosive rally like that before. how about you? >> that's a lot of cake. we that rallies like that before but the market is so much bigger now so you have so
does the walmart -- what does the walmart report tell you about the economy? >> normally i say a lot but when you have 600 family dollar stores shutting, where are most of them going? when you have 400 footlockers shutting, guess where they are going? macy's are shutting, guess where they are going also, walmart is taking advantage, one of the greatest stories in the history of the united states, $650 billion in revenue where cashiers become managers of stores if not more. a magnificent...
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Feb 21, 2024
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let's start with walmart. i think everybody heard the cfo say that consumers are being choice for in spending -- choiceful in spending, still spending but may be trading down three that seems to be good news for walmart. what is it mean for some of its competitors? stacey: not only are current customers for walmart trading down but they are getting the wealthier customer. larl in grocery it's coming from wealthier people may be over $100,000. perhaps that is taking a little from target. if you buy food at walmart you will probably by other things there as well. but absolutely consumers are very value-oriented still looking for bargains, particularly, as food inflation, while getting better, is still up 20% the past two years. katie: specifically to walmart it seems like in some sense they benefit on the way up and the way down and maybe that is what they are seeing now. stacey: they do. who is better positioned to pass on cost? they dictate, in some aspects, to their vendors, what they will pay. in tougher tim
let's start with walmart. i think everybody heard the cfo say that consumers are being choice for in spending -- choiceful in spending, still spending but may be trading down three that seems to be good news for walmart. what is it mean for some of its competitors? stacey: not only are current customers for walmart trading down but they are getting the wealthier customer. larl in grocery it's coming from wealthier people may be over $100,000. perhaps that is taking a little from target. if you...
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May 16, 2024
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this is a lot of positive momentum behind walmart. in-store sales are strong with the tough economic area. we see strong numbers in grocery with 60% of the business. they have a general merchandise operation and the third-party marketplace. we think the general merchandise is doing well. we still think walmart is getting share in the category. the growth of the online business is helping fuel the walmart plus subscription model. we feel that is the way to attract and retain higher-income households it retained over last few years. lastly, the model is changing. they are getting into alternative revenue streams. it is. >> growing advertising business. it is also getting into data monetization. i think over the next few years, we see operating margins expand. we are positive for this quarter and this year and the next three-to-five years. >> arun, you talked about a lot of themes and operating silos and divisions. as an analyst, what is the one that you think drives most of the story going forward? is it going to be advertising? mo m mo
this is a lot of positive momentum behind walmart. in-store sales are strong with the tough economic area. we see strong numbers in grocery with 60% of the business. they have a general merchandise operation and the third-party marketplace. we think the general merchandise is doing well. we still think walmart is getting share in the category. the growth of the online business is helping fuel the walmart plus subscription model. we feel that is the way to attract and retain higher-income...
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May 13, 2024
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, it's walmart. >> i agree with everything he just said. i'm long both. i'm long more walmart than home depot. i have some lowe's, though. if we think the problem is the consumer, i feel like it's a better risk/reward in walmart. >> have we seen normalization when it comes to home improvement? >> i think we have we've seen a segment shift you talk about some of the more durable components of where home depot and lowe's saw a lot of sales, because this is america's favorite game, it would be a shame -- >> so, for no other reason -- >> exactly, because why it's america's favorite game. dan and i are going to push back i think home depot's pro business is high margin. it offers them a lot of resiliency if we continue to talk about the housing market as we do, then home depot goes higher, because there's so much demand out there, both for people who have houses that they're staying in, they want to upgrade, and those people that are actually trying to get a new house i like home depot. it's $340 off the $390 high. >> do i get to go? >> yes, you
, it's walmart. >> i agree with everything he just said. i'm long both. i'm long more walmart than home depot. i have some lowe's, though. if we think the problem is the consumer, i feel like it's a better risk/reward in walmart. >> have we seen normalization when it comes to home improvement? >> i think we have we've seen a segment shift you talk about some of the more durable components of where home depot and lowe's saw a lot of sales, because this is america's favorite...
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Apr 25, 2024
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including walmart's kathleen mclaughlin. >> i'm the chief sustainability officer at walmart. >> reporter: after the panel, we approach her to ask questions about the trackers that went abroad. i'm matt gutman with abc news, how are you? >> good. >> reporter: we are doing a story about plastic that was earmarked -- plastic bags earmarked for recycling by walmart. >> yes. >> reporter: and ended up as plastic waste in indonesia and malaysia. these are the pictures of the facilities that your plastic ended up in in indonesia, malaysia -- >> let's get time to talk about this i'd love to learn more. >> reporter: we have a room right here -- >> i have to go but let's talk about it. >> reporter: we've been trying for a year now and have been flatly rejected by your team. i wonder if you'd go on the record, because this is important. there are people whose lives are being impacted by the environmental fallout -- >> i want to understand more -- >> reporter: after a few more minutes, manage laughlin suggests we should email her to arrange a formal interview. >> if you want to get into it, i'm happy
including walmart's kathleen mclaughlin. >> i'm the chief sustainability officer at walmart. >> reporter: after the panel, we approach her to ask questions about the trackers that went abroad. i'm matt gutman with abc news, how are you? >> good. >> reporter: we are doing a story about plastic that was earmarked -- plastic bags earmarked for recycling by walmart. >> yes. >> reporter: and ended up as plastic waste in indonesia and malaysia. these are the...
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May 16, 2024
05/24
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to walmart. and walmart's been able to do that because their online sales have grown so much. that was the story this quarter. that's rare for a company that's really good at brick and mortar, to get really good at online. they can't do it because they like brick and mortar. these guys have been more nimble than almost any other big company -- lauren: because they have the size to be nimble. and so does mcdonald's -- stuart: management too. lauren: mcdonald's' is launching the $5 value meal because customers are saying fast food has gotten so expensive and changed their behavior. >> you've got to have the temperament to do it though. the guys running walmart want to win in the new world. that's amazing to me. stuart: here's an interesting story. two brothers are accused of stealing millions of dollars to' worth of crypto -- dollars' worth of crypto in just 12 seconds. ashley, how did they do it? ashley: yeah, $25 million. gone in 12 seconds, that's according to the justice department who have indicted anton and james b with ue, no brothers trained in mathematics with advanced
to walmart. and walmart's been able to do that because their online sales have grown so much. that was the story this quarter. that's rare for a company that's really good at brick and mortar, to get really good at online. they can't do it because they like brick and mortar. these guys have been more nimble than almost any other big company -- lauren: because they have the size to be nimble. and so does mcdonald's -- stuart: management too. lauren: mcdonald's' is launching the $5 value meal...
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Feb 2, 2024
02/24
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jorge: walmart anuncia una espacio el odio.... fue su mensaje principal durante el desayuno jorge: el presidente pidiÓ a los estadounidenses rechazar el odio en el desayuno anual de oraciÓn, claudia uceda nos dice cÓmo a veces hace cruza la polÍtica y la religiÓn. claudia: el presidente joe biden y el presidente de la cÁmara de representantes, josua, tuvieron juntos por —— juntos en un evento pÚblico . dijo biden, no somos enemigos, haciendo un llamado a la unidad, republicanos y demÓcratas hace pelea sobre la seguridad fronteriza, johnson ha dicho que la medida no es suficiente para asegurar la frontera, y que no la va a considerar, el presidente sostuvo que estÁ tratando de hacer todo lo posible para que se logre un compromiso, entre tanto lÍder demÓcrata del senado prometiÓ un voto en el pleno la prÓxima semana, esto se harÍa pÚblico tan pronto como —— el viernes como el fin de semana, la cÁmara baja aprobÓ un paquete fiscal de $78,000,000,000, demÓcratas y republicanos aprobaron aumentar el crÉdito t
jorge: walmart anuncia una espacio el odio.... fue su mensaje principal durante el desayuno jorge: el presidente pidiÓ a los estadounidenses rechazar el odio en el desayuno anual de oraciÓn, claudia uceda nos dice cÓmo a veces hace cruza la polÍtica y la religiÓn. claudia: el presidente joe biden y el presidente de la cÁmara de representantes, josua, tuvieron juntos por —— juntos en un evento pÚblico . dijo biden, no somos enemigos, haciendo un llamado a la unidad, republicanos y...
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May 16, 2024
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walmart is higher after a strong earnings beat. shares are up 7% and they're seeming to win over higher income customers. melissa rivko is here to discuss. what does it tell us about the brighter economy and the state of the consumer? >> it's an interesting time because walmart is seeing gains from households we don't typically associate with. it's seeing a silver line with inflation because it is picking up customers who may have gone to fast food restaurants. walmart is seeing four drivers that spoke with the higher income shoppers and e-commerce gains 22% in the u.s. year over year and it's gaining from people who may be cooking at home rather than going to fast food and it's also getting a boost in its business from things like advertising and a third-party marketplace which are newer businesses for the company. >> interesting. ? so talk to us a little bit more. elaborate on this potential switch from people who would eat in quick-serve restaurants and now are not doing that. are they coming in and buying prepared foods or are
walmart is higher after a strong earnings beat. shares are up 7% and they're seeming to win over higher income customers. melissa rivko is here to discuss. what does it tell us about the brighter economy and the state of the consumer? >> it's an interesting time because walmart is seeing gains from households we don't typically associate with. it's seeing a silver line with inflation because it is picking up customers who may have gone to fast food restaurants. walmart is seeing four...
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May 22, 2024
05/24
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walmart's is cutting their prices. they have companies that can cut advertising and their membership program and target has to step up to the plate as well. so it's walmart and target. hey, we're cutting prices. no, we're cutting prices. they don't have these other businesses to offset some of the price discounts. what should they do in your mind? >> it's very much about discretionary. the good news is there's a bit of inflation. the consumer's starting to get interested again. they're saying not so much sticker shock. what they've been doing is their private label brands and they're continuing to roll out additional brands. but i think the real winner is they're rolling out target 360. you may a fee, you get same day free shipping. it can come to your house in under three hours. it's amazing. that's how they're going to continue to win share against walmart who's gaining the higher income consumer. >> question know commerce is growing in general. it takes more workers. i was really shocked to find out that now e-comme
walmart's is cutting their prices. they have companies that can cut advertising and their membership program and target has to step up to the plate as well. so it's walmart and target. hey, we're cutting prices. no, we're cutting prices. they don't have these other businesses to offset some of the price discounts. what should they do in your mind? >> it's very much about discretionary. the good news is there's a bit of inflation. the consumer's starting to get interested again. they're...
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May 16, 2024
05/24
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what does that say about the walmart consumer base? >> what it says is the consumer base continues to expand and that is only good news for walmart. they have traditionally had strong appeal with lower income households. the fact they are pulling in higher income households who are spending more and have more flexibility to spend on higher-margin categories is a positive. the question is going to be whether they will continue to hold onto the customers once some of those inflationary pressures that has everyone retreating into spending habits, was that subsides, can they hold onto those people? sonali: give the thing that struck me as the e-commerce. -- the other thing that struck me was the e-commerce. if you look at the way they are shipping things out in short-term increments, it is catching up with amazon. >> they had tremendous growth. much higher than consensus expected to i think this is a play out of the investments walmart has been making in their your commerce abilities the last several years. it is unlocking additional reven
what does that say about the walmart consumer base? >> what it says is the consumer base continues to expand and that is only good news for walmart. they have traditionally had strong appeal with lower income households. the fact they are pulling in higher income households who are spending more and have more flexibility to spend on higher-margin categories is a positive. the question is going to be whether they will continue to hold onto the customers once some of those inflationary...
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May 16, 2024
05/24
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ed: walmarts results posted big jump in its online business. caroline: we will be sitting down with start up perplexity to discuss complexity and the search place. nasdaq out of new record high. global stocks still raise higher in the economic data gives us confidence but will the agency be able to cut? 10 year flat. this is a risk on day. we have seen, down on the day at $65,000 level. it's not all risk on n. end. ed: walmart is up 6%. this story is a search on growth in its online business. we will go to j wolf to talk about that. cisco is now down 2% in its outlook was seen as strong. we are going to hear from the cfo to break down the networking gear. we come to china. jd.com we are learning who the winners and losers are in the e-commerce space. ali baba is up, why? jd.com number one and ali baba number two. . caroline: investor sentiment more broadly. we will tackle these record highs with chief global strategists joining us. willie carreon to the tech outperformance? >> great to be on with you. more fundamentally we can see that from the
ed: walmarts results posted big jump in its online business. caroline: we will be sitting down with start up perplexity to discuss complexity and the search place. nasdaq out of new record high. global stocks still raise higher in the economic data gives us confidence but will the agency be able to cut? 10 year flat. this is a risk on day. we have seen, down on the day at $65,000 level. it's not all risk on n. end. ed: walmart is up 6%. this story is a search on growth in its online business....
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May 16, 2024
05/24
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do you think -- is walmart done either? have they raised prices more than they should have or, for lack of a better term, for profiteering in an inflationary environment? are they able, at this point, to bring any prices down to help strapped consumers? or is it exactly what it is? >> i would not say that walmart is one of the companies that has been gouging consumers by any stretch of the imagination. i think that some of the other grocery chains have had some of that reputation. i think that even perhaps some of the specialty retailers may fall into that bucket. walmarthas really led on its everyday low price model. it's that edlp vision that has been part of the company's ethos for decades, and the truth is that part of the growth and transaction volume is largely led not just because of that value equation but because consumers often do know where they can get the lowest price for milk or eggs or whatever commodities they're purchasing, and often, it is going to be a company like walmart, as well as, you know, there are
do you think -- is walmart done either? have they raised prices more than they should have or, for lack of a better term, for profiteering in an inflationary environment? are they able, at this point, to bring any prices down to help strapped consumers? or is it exactly what it is? >> i would not say that walmart is one of the companies that has been gouging consumers by any stretch of the imagination. i think that some of the other grocery chains have had some of that reputation. i think...
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Feb 21, 2024
02/24
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he went to walmart when it opened and he told me that his clients were finished because walmart carried everything they did and the same quality at a much lower price. so hello that they cannot compete. they cannot compete with someone selling goods for lower than the price my dad's customers were paying to their suppliers. it was game over for the men's store in the department stores that dot our landscape. i thought he was a defeatist, but you know what, he was dead right. and that walmart disrupted everything. just try to find a small ladies where place these days. there are a couple, mostly high and though. about my dad had boxes upon boxes of receipts from customers that folded up and disappeared overnight. walmart had a field to itself until any company can along without a physical presence, amazon. as it got bigger destroyed everyone else that was left except the biggest most powerful retailers, like walmart. walmart did not seem to know what it was doing and learn from it. they hired a computer scientist and developed an app that was not even in the same ballpark and watched as
he went to walmart when it opened and he told me that his clients were finished because walmart carried everything they did and the same quality at a much lower price. so hello that they cannot compete. they cannot compete with someone selling goods for lower than the price my dad's customers were paying to their suppliers. it was game over for the men's store in the department stores that dot our landscape. i thought he was a defeatist, but you know what, he was dead right. and that walmart...
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Mar 9, 2024
03/24
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walmart and walmart foundation have invested $44 million since 2011 in job training, education and community based initiatives. our aim is to build skill based talent marketplace that recognizes the skills that veterans bring, unlock opportunities and accelerate the economic mobility and civilian sector. to that end. we have supported organizations like hire heroes, usa and bmf at syracuse university, as well as a manufacturing institute. as we look, look to the future. we recognize the potential to address remaining barriers to successful transmit transition from military service to civilian life. collaboration and a shared vision will be critical and crucial in achieving this. we remain dedicated to the work and look forward to evolving and growing our approach to best serve veterans and military families. thank you for the opportunity to share how walmart is supporting military and veteran communities through employment, education, entrepreneurship, well-being programs and our philanthropic efforts. i extend my deepest respect and gratitude to my fellow veterans for their sacrifice and se
walmart and walmart foundation have invested $44 million since 2011 in job training, education and community based initiatives. our aim is to build skill based talent marketplace that recognizes the skills that veterans bring, unlock opportunities and accelerate the economic mobility and civilian sector. to that end. we have supported organizations like hire heroes, usa and bmf at syracuse university, as well as a manufacturing institute. as we look, look to the future. we recognize the...
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Jan 11, 2024
01/24
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i might go to walmart on monday. mcmillan's ces presentation also included a very cool cameo by microsoft ceo satya nadella where the two chatted about how ai could be used to enhance both the front ends and back ends of walmart's business. overall the last couple days have highlighted walmart's capacity for innovation, which is not something these guys usually get enough credit for. they ought to. for a long time it seemed like walmart was trading as a simple defensive stock but this week gave us a reminder that it's much, much more than that. i think it's helped which is why the stock's up more than 2% this week. by the way, i wouldn't be surprised if it would keep climbing steadily from here. i don't think it should have sold off on that last quarter. i saw a lot i liked about it. this one's a good one to put away. so there was a lot to learn from the icr conference this past week. we won't hear a ton about this group until the sector starts reporting results inmid february. but hopefully this gives you some color
i might go to walmart on monday. mcmillan's ces presentation also included a very cool cameo by microsoft ceo satya nadella where the two chatted about how ai could be used to enhance both the front ends and back ends of walmart's business. overall the last couple days have highlighted walmart's capacity for innovation, which is not something these guys usually get enough credit for. they ought to. for a long time it seemed like walmart was trading as a simple defensive stock but this week gave...
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May 16, 2024
05/24
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katie: this is good news for walmart. it feels like walmart can make money in any environment and right now making money from the tray down. i have to imagine it is painful for other parts of the industry. andrea: i would imagine. what they have talked about is doing a better job on fresh food , general merchandise, fashion, home furnishings. i was listening to the call thinking the latter is not going to be totally good news for target which has a lot of those upper income customers and they come in for essentials but also by the fashion. so walmart turning the incredible scale on that market is not great for target which is trying to turn around its fortunes. katie: really appreciate your time on the blockbuster earnings from walmart. to broaden out the conversation, joining us is mark spellman, ceo of alpine woods. let's talk about what we have learned about the consumer. we had the walmart earnings showing the trade down and retail sales were a big goose egg which surprised a lot of people. how are you feeling about t
katie: this is good news for walmart. it feels like walmart can make money in any environment and right now making money from the tray down. i have to imagine it is painful for other parts of the industry. andrea: i would imagine. what they have talked about is doing a better job on fresh food , general merchandise, fashion, home furnishings. i was listening to the call thinking the latter is not going to be totally good news for target which has a lot of those upper income customers and they...
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Feb 21, 2024
02/24
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because consumer is very stretched, in tough times they go to walmart you saw that happening yet again keep in mind as good as that number was they are doing great. with 4% same-store sales gain worse than prior quarter 4.9 worse than, over 5% preceding quarters, good news for companies that do well with strong consumer but not so good elsewhere, look. it is very important to put numbers in context when you look at raw data coming out of consumers department for retail sales what you see is for the last three months, consumers average 3.2% gain in retail sales that ras -- consumers health wonderful guess what inflation rate is? almost exactly that, so consumer is peddling harder to get no owhere basically spending 3% more to get same amount of goods last year people go great sales up only reason looked could so good in december consumers department does a thing seasonally adjust sales, a month like december with small month like january most favorable adjustment ever made in history last month, seriously, they've been doing this data goes back being 22 years most favorable adjustment e
because consumer is very stretched, in tough times they go to walmart you saw that happening yet again keep in mind as good as that number was they are doing great. with 4% same-store sales gain worse than prior quarter 4.9 worse than, over 5% preceding quarters, good news for companies that do well with strong consumer but not so good elsewhere, look. it is very important to put numbers in context when you look at raw data coming out of consumers department for retail sales what you see is for...
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May 22, 2024
05/24
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despido para cientos de personas en walmart. tenemos los detalles en sÓlo minutos. ♪ ♪ california sky ♪ ♪ todos alcanzamos las estrellas ♪ ♪ sunny state of mind ♪ ♪ flexin' all the time ♪ ♪ todo es dorado ♪ ♪ y nos gusta picante ♪ ♪ cause this place is caliente ♪ ♪ 'tamos enchilado ♪ ♪ feels so golden ♪ ♪ livin' in the golden state with you ♪ ♪ feels so golden ♪ ♪ vive en el estado dorado oooh ♪ ♪ we got that drip, drip, drip ♪ ♪ come take a sip, sip, sip ♪ ♪ feels so golden ♪ ♪ vive en el estado dorado ♪ >> un enfrentamiento entre un grupo de mariachisy un trabajo fuego se registro en morelia, michoacÁn. el trabajo fuegos arremetiÓ contra los mÚsicos. un mariachi tuvo que rodar porque el fuego consumÍa su ropa. >> un agresor fue trasladado al hospital para recibir atenciÓn mÉdica. en la tierra del mariachi se registra una tercera ola de altas temperaturas. >> la tercera ola de calor tiene en alerta a mÉxico. germÁn se enfrenta al intenso calor. >> muchas
despido para cientos de personas en walmart. tenemos los detalles en sÓlo minutos. ♪ ♪ california sky ♪ ♪ todos alcanzamos las estrellas ♪ ♪ sunny state of mind ♪ ♪ flexin' all the time ♪ ♪ todo es dorado ♪ ♪ y nos gusta picante ♪ ♪ cause this place is caliente ♪ ♪ 'tamos enchilado ♪ ♪ feels so golden ♪ ♪ livin' in the golden state with you ♪ ♪ feels so golden ♪ ♪ vive en el estado dorado oooh ♪ ♪ we got that drip, drip, drip ♪ ♪ come...
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Jan 12, 2024
01/24
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walmart asked why its ads were running next to illicit content and questioned the reasoning walmart writing in e-mail, you mentioned repeatedly that you have shared accountability here, but to us, it feels like all of the onus and work sits with walmart and those activating campaigns. >> it says to me that meta still is not taking seriously, even the legitimate concerns of advertisers on their platform about the type of harm that this illicit content is going to have >> reporter: last november, according to the court filing, the match group, which owns tinder, hinge and other dating sites complained that it was all of young girls, including a young girl provocatively dressed, straddling and caressing a harley-davidson-style motorcycle meta acknowledged a small amount of content may not get caught. according to the filing, the ceo of the match group e-mailed mark zuckerberg and said meta is placing ads adjacent to offensive, obscene and potentially illegal content, includ >> people inside the company are raising re raising red flags and making recommendations and they seem to be watered down
walmart asked why its ads were running next to illicit content and questioned the reasoning walmart writing in e-mail, you mentioned repeatedly that you have shared accountability here, but to us, it feels like all of the onus and work sits with walmart and those activating campaigns. >> it says to me that meta still is not taking seriously, even the legitimate concerns of advertisers on their platform about the type of harm that this illicit content is going to have >> reporter:...
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Jan 28, 2024
01/24
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and carjacking in the walmart incident. he pleaded not guilty to all of the charges. >> maybe his best shot, is ironically, the homicide. >> correct, i'm not admitting to my client committing bank, robbing or carjacking, however those cases are very strong cases for the prosecution. >> evidently, the bank security cameras apparently showing him brandishing a gun. and clues from the walmart, including a discarded gun, do not lie. however. >> homicide is not a slam dunk for the government. >> police never found a gun, or a bullet at the death house, that match the gun that they recovered at the walmart. >> no one can put a gun in masalmani hand. >> he had been charged in the walmart carjacking, and flag star bank height. >> they're hitting him now, they had him in the face. they're beating up now. >> but there were two assailants that attacked matt at the quiznos. according to the 9-1-1 -- matt had been double-team, and especially nation for why this drummer had been taken against as well. >> i'm 6 6, 280 pounds. matt could t
and carjacking in the walmart incident. he pleaded not guilty to all of the charges. >> maybe his best shot, is ironically, the homicide. >> correct, i'm not admitting to my client committing bank, robbing or carjacking, however those cases are very strong cases for the prosecution. >> evidently, the bank security cameras apparently showing him brandishing a gun. and clues from the walmart, including a discarded gun, do not lie. however. >> homicide is not a slam dunk...
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Feb 20, 2024
02/24
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futures are trading lower as we await walmart earnings. we'll get
futures are trading lower as we await walmart earnings. we'll get
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Feb 20, 2024
02/24
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see walmart? >> i did see walmart. stock is up. >> it's almost half a trillion dollars. very close. we're going to talk about it now, at its all-time high, or indicated there, anyway. let's take a look. the big retail earnings report this morning, walmart and home depot. walmart topped estimates, earnings and revenue expectations, it's up almost 4.5%. it says here the guidance was a little bit light. no one's looking at that. it also announced it's buying tv maker vizio for $2.3 billion, that's cash. home depot also beat quarterly estimates. joining us now, sue shadida. the charts look a little bit similar, even though home depot is down today. what happened in the last quarter to both the results, and it seems like walmart, much better and it was down in the 150s, zpst back to 177, which would be an all-time high if we can look at that. >> there are two different stories. when you look at the sub-sectors of walmart, there are categories, like, for instance, health and wellness, which continue to do really, really well. and when you look at some of the subcategories that have been e
see walmart? >> i did see walmart. stock is up. >> it's almost half a trillion dollars. very close. we're going to talk about it now, at its all-time high, or indicated there, anyway. let's take a look. the big retail earnings report this morning, walmart and home depot. walmart topped estimates, earnings and revenue expectations, it's up almost 4.5%. it says here the guidance was a little bit light. no one's looking at that. it also announced it's buying tv maker vizio for $2.3...
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May 14, 2024
05/24
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walmart, a different story there. the trading down as they have been calling it on wall street due to the high cost of everything, especially the grocery shopping at walmart has been a really good revenue drivers for them. however, grocery is a very low margin business so what walmart will be looking to do by cutting all those corporate jobs is juice their margins so i expect good earnings from walmart. i think this will be a very good quarter for them with very good guidance because that -- even though we're seeing pressure on the lower end consumer, what you're seeing is other consumers that are kind of at the higher end trading their way down and cisco and deere both have good track records of beating earnings even though there's not a lot of bullish sentiment around each one of those stocks. deere, a slowing in the agricultural world and cisco, never quite returned to the hay heyday of the 'a 90s. it's a cheap technology stock in my opinion, something worth looking at. maria: that's an he's clues an exclusive from
walmart, a different story there. the trading down as they have been calling it on wall street due to the high cost of everything, especially the grocery shopping at walmart has been a really good revenue drivers for them. however, grocery is a very low margin business so what walmart will be looking to do by cutting all those corporate jobs is juice their margins so i expect good earnings from walmart. i think this will be a very good quarter for them with very good guidance because that --...
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May 21, 2024
05/24
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KRON
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up next, a price war between walmart and target. what experts say is pushing the stores some lower their prices. >> unfortunately, this mural is anti-semitic and there's a couple things that would point i don't think this is anti-semitic at all. >> all in the city opposing the bombing in gaza, drawing criticism and supports why critics are calling it anti critics are calling it anti semitic. network is no network for business. that's why more choose comcast business. and now, we're introducing ultimate speed for business —our fastest plans yet. we're up to 12 times faster than verizon, at&t, and t-mobile. and existing customers could even get up to triple the speeds... at no additional cost. it's ultimate speed for ultimate business. don't miss out on our fastest speed plans yet! switch to comcast business and get started for $49.99 a month. plus, ask how to get up to an $800 prepaid card. call today! san francisco's know a valley is grabbing people's attention. cause for stephanie justice shows us. it is. >> a painting of the war
up next, a price war between walmart and target. what experts say is pushing the stores some lower their prices. >> unfortunately, this mural is anti-semitic and there's a couple things that would point i don't think this is anti-semitic at all. >> all in the city opposing the bombing in gaza, drawing criticism and supports why critics are calling it anti critics are calling it anti semitic. network is no network for business. that's why more choose comcast business. and now, we're...
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Mar 1, 2024
03/24
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cirkul, available at walmart and drinkcirkul.com. power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. e*trade from morgan stanley power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley ♪ ♪ every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to help keep our online platform safe from cyberthreats? absolutely. can we provide health care virtually anywhere? we can help with that. is it possible to use predictive monitoring to address operations issues? we can help with that, too. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. >>> it is time f
cirkul, available at walmart and drinkcirkul.com. power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. e*trade from morgan stanley power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of...
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May 22, 2024
05/24
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just last week, walmart executives receiving customers trade into walmart. last week was macy's as well. customers will continue to be discerning and that's the theme across retail. lisa: we have profound uncertainty with the consumer, slowing but not slow, softening but not soft. more discerning but still spending dramatically and that's the key question -- how much is this a statement of why these companies are shifting their product mix rather than projecting weakness in their earnings? annmarie: mohamed el-erian came out with a piece talking about the risks with the fed being data-dependent and one is the concern of the data dependent fed coming at the risk of a number of companies expressing concern about weakening consumer demand. that is particularly the case for those serving a lower income household where pandemic savings have been depleted. jonathan: the little later this morning, we hear from target and after the close this afternoon, we hear from nvidia. we will also hear from fed speak as well. also we get the fomc minutes later today. the stand
just last week, walmart executives receiving customers trade into walmart. last week was macy's as well. customers will continue to be discerning and that's the theme across retail. lisa: we have profound uncertainty with the consumer, slowing but not slow, softening but not soft. more discerning but still spending dramatically and that's the key question -- how much is this a statement of why these companies are shifting their product mix rather than projecting weakness in their earnings?...
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Apr 17, 2024
04/24
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a story in five words the brilliant walmart cake troll emily, a 22 year old, ordered a cake from walmart and told them she wanted cape thes baby in small cursive in the middle of the cake. and this is what cak she got the cake, says aries o baby cursive. middle of the cake. brilliant. right. guess what? i actually don't believe this. i thin.k that she manufacturede the whole thing because afterwards she put a picture of herself. since she wants to be anshe a and she had the aries baby and she was like here's how i got it right. ow ii that she totally manufactd this even though these mistakes dos ev joe this is too clever te manufactured. you know it's so we first of all, if you need a cake, don't buy it at walmart. all ifi they sell tires at walmo this have you had their tire cake shaped like a tire this walmart cake is an emergencyyo cake because you need you forgot to buy the cake someplace good and the. >> you went in there and bought it at a walmart. and anybody who buys walm their own cake themselves. you're just telling the world you're having friends that's a lose telthe wodon'r.
a story in five words the brilliant walmart cake troll emily, a 22 year old, ordered a cake from walmart and told them she wanted cape thes baby in small cursive in the middle of the cake. and this is what cak she got the cake, says aries o baby cursive. middle of the cake. brilliant. right. guess what? i actually don't believe this. i thin.k that she manufacturede the whole thing because afterwards she put a picture of herself. since she wants to be anshe a and she had the aries baby and she...
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Feb 20, 2024
02/24
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walmart is. >> walmart, not home depot, right. stuart: not so much. thanks, heather. stay there, please. we're going to switch gears to get to politics this tuesday morning. a top pollster sounding the alarm on biden's re-election bid. what is he saying? lauren: you know him from 538. he titled his newsletter, it's time for the white house to put up or shut up, meaning put up joe biden. make him available for a serious interview or replace him at the convention in august. this is the quote. biden can still win, or but he's losing now, and there's no plan to fix the problems. other than hoping that the polls are wrong or that voters look at the race differently when they have more time to focus on it. biden is probably a below replacement level candidate at this point because americans have a lot of extremely rational concerns about the prospect of a commander in chief who would be 86 by tend of his second term. it is entirely reasonable to see this as a disqualifying. and then he makes suggestions for the white house. do four interviews. give cbs one on "60 minutes" b
walmart is. >> walmart, not home depot, right. stuart: not so much. thanks, heather. stay there, please. we're going to switch gears to get to politics this tuesday morning. a top pollster sounding the alarm on biden's re-election bid. what is he saying? lauren: you know him from 538. he titled his newsletter, it's time for the white house to put up or shut up, meaning put up joe biden. make him available for a serious interview or replace him at the convention in august. this is the...
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Feb 20, 2024
02/24
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we've got home depot and walmart this morning. let's talk about how the fed is probably receiving these reports. as emily graffeo just told us, consumers are still spending, they are just spending less. how does that fit into the soft landing narrative? gargi: i think emily mentioned the term choice full. when i listen to what emily and drew were saying, what comes to mind is consumers being more concerning -- being more discerning. they are spending, they are pleased with how they are feeling and i say that because i took a look at the fed consumer survey that came out last week and again, the results that we are seeing, they become a little more discerning, they are expecting to see inflation continue to normalize which is good news. they are expecting to see that their jobs and their incomes continue to do well but at the same time they are not going to accept higher prices like they did in the course of 2022 and 2023. this is exactly what the fed wants to see. they should be quite pleased. i know emily was talking about that.
we've got home depot and walmart this morning. let's talk about how the fed is probably receiving these reports. as emily graffeo just told us, consumers are still spending, they are just spending less. how does that fit into the soft landing narrative? gargi: i think emily mentioned the term choice full. when i listen to what emily and drew were saying, what comes to mind is consumers being more concerning -- being more discerning. they are spending, they are pleased with how they are feeling...
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Feb 20, 2024
02/24
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CNBC
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this should give walmart a shot in the arm? >> indeed. if you look at walmart, they have been surprising on the upside for earnings in the last year. if you look at the share price, it is remarkable despite the bad times we have been through as consumers. this has been at all-time highs at the moment. expectations are quite high today, but let's see how they fare. >> it is remarkable. the recent earnings from walmart over the past six quarters. the company has met or exceeded the wall street expectations and it seems we will see another beat. home depot will have a sales drop. michael, given the upcoming election and the uncertainty around it, even if we see gas prices down and if inflation is down, how will the u.s. consumer respond to all that uncertainty also on the geopolitical front? would that show through? >> i think it already is. if you look at what is happening with the consumer space in the last year, they have been pulling back on certain items. if you look at nike and starbucks, they have been showing slowdowns. if you look a
this should give walmart a shot in the arm? >> indeed. if you look at walmart, they have been surprising on the upside for earnings in the last year. if you look at the share price, it is remarkable despite the bad times we have been through as consumers. this has been at all-time highs at the moment. expectations are quite high today, but let's see how they fare. >> it is remarkable. the recent earnings from walmart over the past six quarters. the company has met or exceeded the...
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. >>> if you bought groceries at walmart, you may be getting money back. the retail giant is accused of overcharging customers. walmart has agreed to pay $45 million to settle a lawsuit while denying any wrongdoing. >>> we have a winner. someone is holding a powerball ticket worth more than a billion dollars. we'll tell you where it was sold. >>> and some last-minute tips for watching and capturing the once in a generation eclipse safely. >> announcer: from abc news world headquarters in new york, this is "world news tonight." >> linsey: good evening, everyone. thanks so much for joining us on this busy sunday. i'm linsey davis. there is a lot to get to in these final hours before tomorrow's total eclipse. we have team coverage including the forecast. the scary moments aboard a southwest airlines plane as an engine cover flies off. but we do begin with the battle on the hardwood. just before we came on the air, the south carolina gamecocks were crowned national champions defeating caitlin clark and iowa. south carolina overcame an early deficit to take hom
. >>> if you bought groceries at walmart, you may be getting money back. the retail giant is accused of overcharging customers. walmart has agreed to pay $45 million to settle a lawsuit while denying any wrongdoing. >>> we have a winner. someone is holding a powerball ticket worth more than a billion dollars. we'll tell you where it was sold. >>> and some last-minute tips for watching and capturing the once in a generation eclipse safely. >> announcer: from abc...