Walmart boosts sales Outlook
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The company slightly raised its guidance for the fiscal year. Walmart now sees net sales rising 3.75% to 4.75% from last year, compared to prior guidance for a range of 3% to 4%. Walmart also tweaked its earnings forecast, saying it now expects adjusted earnings per share to range from $2.52 to $2.62. The previous outlook was for $2.50 to $2.60.
Some packages of Great Value frozen shrimp sold at Walmart are at risk for potential for Cesium-137 contamination, the FDA says.
The world’s biggest retailer posted quarterly revenue of $177.4 billion — a hefty 4.8% jump that sailed past Wall Street’s $175.9 billion target.
U.S. stocks are slipping again, this time after the country’s largest retailer reported profits that came up short of Wall Street’s expectations.
Walmart is recalling frozen shrimp after the U.S. Food and Drug Administration (FDA) warns of possible radioactive contamination. Indonesian Firm PT. Bahari Makmur Sejati, which imported the frozen shrimp, is in violation of the Federal Food, Drug ...
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Walmart Recalls Frozen Shrimp Due to Potential Radioactive Contamination
FDA warns against eating certain Great Value frozen shrimp sold at Walmart. Recalled shrimp may contain radioactive Cesium-137, posing long-term health risks. Affected products sold in 13 states; consumers should check freezers and dispose of impacted shrimp.
Great Value brand frozen shrimp sold at Walmart stores in Ohio could be contaminated with Cesium-137, warns the FDA.
1hon MSN
Walmart’s stock falls after a rare profit miss, even as sales show strength and margins improve
Shares of Walmart Inc. dropped in early trading Thursday, after the discount-retail behemoth missed fiscal second-quarter profit expectations, but raised its full-year outlook and saw strength in sales at both its retail and Sam’s Club warehouse stores.