|Bid||21.3700 x 900|
|Ask||21.3800 x 11000|
|Day's Range||21.3200 - 21.6900|
|52 Week Range||19.3200 - 45.4100|
|PE Ratio (TTM)||9.76|
|Dividend & Yield||1.51 (6.69%)|
|1y Target Est||N/A|
With low unemployment and an expected increase in e-commerce orders, retailers and logistics companies are starting early and going the extra mile to attract seasonal employees.
This will allow Walmart to keep employees on-hand to help with the surge of shoppers without adding more workers through holiday hiring. Walmart notes that customers responded positively to its plan to skip out on holiday hiring in 2016. It’s possible that the system works better for the company because it gives customers access to employees that have worked for the store regularly and may be more helpful than seasonal hires.
It was hard for the investors to digest that Best Buy (BBY), which has been doing exceptionally well over the past few years came out with a long-term plan that failed to match analysts expectation.