|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||87.50 - 90.09|
|52 Week Range||69.33 - 109.98|
|PE Ratio (TTM)||27.19|
|Earnings Date||May 17, 2018|
|Forward Dividend & Yield||2.08 (2.38%)|
|1y Target Est||105.32|
Walmart's former executive accuses the company of issuing misleading e-commerce results under pressure to compete with Amazon. Aleksandra Michalska reports.
The former director of business development is accusing the big box retailer of issuing e-commerce results that were misleading, charging unnecessary commissions and artificially boosting results by not properly processing customer returns. Yahoo Finance’s Alexis Christoforous, Dan Roberts and Brittany Jones-Cooper debate whether or not this will hurt Walmart.
Mar.16 -- A lawsuit brought by a whistle-blower alleges that Walmart Inc. issued misleading e-commerce results and fired an executive who complained the company was breaking the law. NYU Leonard N. Stern School of Business Professor of Marketing Scott Galloway discusses the market reaction on "Bloomberg Daybreak: Americas."
Some of America's biggest retail stores stand to get a big sales and profit boost as shoppers lose the ability to visit Toys 'R' Us.
Retail giant Walmart (WMT) will expand its home delivery of groceries from its current total of six cities to 100 cities by the end of this year as its rivalry with e-commerce king Amazon (AMZN) intensifies. Walmart will also offer same-day delivery in New York City. The announcement came as Walmart’s competitors in the space have started offering, or are likely to start offering, similar services.
Almost 70% of consumers surveyed said they would not use the Amazon Key In-Home Delivery Service, which allows the delivery person access to your home when you are away.
The stock market looked poised to end the week on solid ground Friday as several Dow stocks outperformed with gains of 1% more.
As China’s expanding middle-class population fuels demand for high-quality imported products, JD.com (JD) and Alibaba (BABA) are racing against each other to woo foreign brands to connect with Chinese consumers through their platforms. If a recent comment by JD’s cofounder and CEO, Richard Liu, is any indicator, the company could capitalize on Alibaba’s struggle with brand piracy to undercut it in competition to woo foreign brands looking to sell in China.
The Dow traversed a difficult week, declining over three consecutive trading sessions.
From sales growth to profits to customer satisfaction, the warehouse giant stood out against its rivals in the most recent quarter.
Walmart is eager to take its expensive battle against Amazon to one of the fastest growing online retail markets.