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Shares of Walmart ( WMT) were down 5.0% in early trading on Thursday. Target ( NYSE: TGT) shed 1.7% and Costco Wholesale ( NASDAQ: COST) traded 2.1% lower. Dollar General ( DG) was 1.6% lower in early ...
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.
US stocks open lower after a rare earnings miss from Walmart and comments from the Kansas City Fed chief that sow doubt for September rate cut.
Walmart on Thursday raised its fiscal year sales and profit forecast, driven by strong demand from shoppers across all income ...
Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI.
The company marked a milestone in May — posting its first profitable quarter for its e-commerce business in the U.S. and globally.
Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup ...
Walmart's gross profit rate improved to 24.5% from 24.4%. This is a key metric for Walmart in the current political environment, given the company's previous comments that it couldn't absorb the full ...
Walmart is reporting higher profits and sales as it pulls in shoppers seeking low prices for groceries and other essentials.
After disappointing earnings from The Home Depot and Target this week, Walmart was closely watched by investors today.
Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America ...
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