Page 13 - Walmart

Walmart Q1 operating income declines 41.7% primarily due to Flipkart

Q1 operating income declines 41.7%; Walmart President and CEO Doug McMillon says he continues to be excited about the opportunity with Flipkart and PhonePe

Walmart logs its best Q1 in 9 years, meets estimates; stock up over 3%

Comparable sales for Walmart stores in the US climbed 3.4 per cent in the first quarter

Walmart's US store managers make $175,000 a year on average

Retailer said its hourly workers make average of $25,000 in report seeking to rebut criticism that its pay is too low

Walmart chief Doug McMillon impressed with Flipkart's tech prowess

Doug McMillon says he would like to leverage Bengaluru firm's technology for global ops; underscores importance of India market

Walmart, Amazon are turning small Indian firms into global entrepreneurs

If Walmart is spinning success stories of Indian manufacturers in global markets, Amazon is taking 'Make in India' to the world, bolstered by its 'Global Selling Programme'

When victims turn allies: Walmart eyes mom and pop stores to take on rivals

These unlikely allies are part of Walmart's move to crack the country's giant consumer market, taking on e-commerce arch-rival Amazon.com Inc. and Asia's richest man, Mukesh Ambani

Walmart on lookout for external investors for PhonePe: Sources

Walmart wants to focus on consolidating the e-commerce operations and narrow losses, sources said

Walmart looks to boost advertising business in bid to compete with Amazon

Walmart is bringing its digital ad business inhouse and ending its relationship with Triad, a unit of WPP, which sells advertising space on websites

Walmart CEO unfazed by new e-commerce law; hopeful of future with Flipkart

The change in e-commerce policy came into effect from February 1

Walmart flexes in the fourth quarter, beats all expectations; stock rises

The company had a fourth-quarter profit of $3.69 billion, or $1.27 per share

Why Walmart farms out same-day grocery delivery to freelance drivers

The amount that drivers are paid is determined largely by the distance from a store to the shopper's home or location

All eyes on Walmart

Will Walmart stay put in India or will the policy flip-flop make it review its plans?

New York sues Target Corp, Walmart over toys contaminated with lead

Walmart said it removed the toys from its shelves and online as soon as top importer LaRose informed the recall nearly three years ago

Walmart overtakes Apple as third-largest e-commerce retailer in US

Leading the ranking is Amazon, accounting for 48% share

Traders fear Walmart's indirect FDI in retail entry as Binny Bansal exits

Associations say global retail giant will call the shots; to meet Union ministers

Flipkart helps Walmart dodge revenue headwind from stake sale in Brazil

While Flipkart did provide a boost to Walmart's international earnings, the Indian company was a drag on its profitability

Walmart increases annual earnings estimate on higher quarterly revenue

The solid sales growth pushed the closely-watched earnings per share measure to $1.08 in the latest quarter, beating expectations

Walmart investor day to focus on Flipkart deal, e-commerce strategy

Margin commentary is also of interest given recent investments

In battle with Amazon, rival Walmart pushes deeper into entertainment

Walmart's foray into entertainment comes as the company, based in Bentonville, Ark., seeks to expand its business beyond brick-and-mortar retailing

Walmart gives I-T dept details of tax deducted from each Flipkart investor

I-Tax dept have the option to seek more clarifications from Walmart once they study the reply