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Walmart Is Up 72% in 2024, but Is the Dow Dividend Stock a Buy at an All-Time High?
The Motley Fool· 2024-11-27 09:30
Earlier this month, Nvidia was added to the Dow Jones Industrial Average. It has nearly tripled in value this year -- making it by far the best-performing Dow component in 2024. But when it comes to Dow stocks that have been in the index for longer than just a few weeks, Walmart (WMT 2.02%) takes first prize as the best performer year to date, with a whopping 72.1% gain compared to just a 17.5% gain for the index.Here's what's behind Walmart's breakout year and if the dividend stock is worth buying at its a ...
2 Stocks Set to Benefit from a Busy Holiday Season: WMT, AMZN
ZACKS· 2024-11-26 23:41
The holiday season is rapidly approaching, with many consumers ready to get out there and shop. And several companies, including Amazon (AMZN) and Walmart (WMT) , could see a nice boost from the period thanks to their robust digital offerings.Let’s take a closer look at each.Amazon Gets Bullish on Holiday Season Concerning headline figures in Amazon’s latest quarterly release, the company exceeded both consensus EPS and sales expectations handily. EPS grew 70% year-over-year, whereas sales of $60 billion re ...
Walmart Stock Reaches 52-Week High: Time to Capitalize or Wait?
ZACKS· 2024-11-26 16:51
Walmart Inc. (WMT) continues to tread the growth path, with its shares reaching a 52-week high of $90.95 on Monday, before closing the trading session slightly lower at $89.50. The omnichannel retailer has gained 6.4% in just a week, driven by its stellar third-quarter fiscal 2025 results released on Nov. 19, 2024.The retail giant outperformed expectations in the quarter, delivering robust year-over-year growth in both revenues and earnings while surpassing the Zacks Consensus Estimate on both metrics. Addi ...
With Walmart Upbeat About the Holiday Shopping Season, Is Now the Time to Buy the Stock?
The Motley Fool· 2024-11-26 13:00
Even as consumers have experienced some continued stress from the prior period of high inflation, Walmart (WMT -1.04%) continues to be one of the biggest winners in the retail space. The retail giant posted another strong quarter of sales and took a positive view on the upcoming holiday season.The stock is now up more than 60% year to date, as of this writing. The question for investors is, can the momentum in the stock continue? Let's take a closer look at its most recent results and guidance to help find ...
Walmart follows other companies in scaling back diversity policies
Proactiveinvestors NA· 2024-11-26 12:25
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Walmart pulls back on DEI efforts, removes some LBGTQ merchandise from website
CNBC· 2024-11-26 02:57
Walmart on Monday confirmed that it's ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities.The nation's largest employer, which has about 1.6 million U.S. workers, joined a growing list of companies that have stepped back from diversity, equity and inclusion efforts after feeling the heat from conservative activists. Some have also attributed changes to the U.S. Supreme Court's decision last year t ...
Walmart must pay nearly $35M to truck driver after accusing him of fraud, firing him
Fox Business· 2024-11-25 21:01
Walmart is being ordered to pay a former truck driver nearly $35 million after a jury determined it falsely accused him of committing fraud before firing him, according to court documents and several reports. Jesus "Jesse" Fonseca — a former Walmart truck driver for 14 years — was awarded $25 million in punitive damages, plus $9.7 million for lost wages and benefits and non-economic harm by a San Bernardino County jury this week, according to court documents and a tweet from one of his lawyers, David deRube ...
Is Walmart Making a Play to Win Market Share From Amazon? Here's What Investors Need to Know
The Motley Fool· 2024-11-23 13:41
Walmart (WMT 2.32%) may be the largest company in the U.S. by sales, but it keeps making its top line bigger. For a while, it looked like competitor Amazon (AMZN -0.64%) was poised to overtake it, but Walmart is just too big and doing too well to catch. It's a battle of true titans, as both companies boast more than $600 billion in revenues over the last four quarters.Walmart delivered another outstanding quarterly report last week, and the growth drivers behind the results might surprise you. Two factors h ...
Walmart's Flywheel Keeps Spinning
The Motley Fool· 2024-11-22 22:50
We also look at nicotine products' popularity.In this podcast, Motley Fool analyst Nick Sciple and host Ricky Mulvey discuss:Highlights from Walmart's quarter.What shoppers want from mac and cheese.Why nicotine pouches may be "the biggest consumer product story this decade."Then, Motley Fool personal finance expert Robert Brokamp kicks off a two-part series with Christine Benz, Morningstar's director of personal finance and the author of How to Retire: 20 Lessons for a Happy, Successful, and Wealthy Retirem ...
Walmart's Latest Result Spells Bad News for This Discount Retailer
The Motley Fool· 2024-11-22 09:30
You might not know it, but Walmart (WMT 1.39%) has quietly been one of the best-performing retailers in recent years.In fact, over the last three years, it's outperformed top retail stocks like Costco Wholesale, Amazon, Target, and Home Depot as the chart below shows. Walmart has reinvented itself over the last decade from a stodgy brick-and-mortar retailer losing ground to Amazon to a modern omnichannel operation, delivering everyday low prices and convenience for customers, and finding growth opportunitie ...