Walmart issues worse-than-expected outlook as high gas prices hit shoppers, shares drop 7%

Walmart's CFO, John David Rainey, said higher tax returns helped offset the effect of elevated gas prices in the first ...

Walmart layoffs bring attention to a reality about the retailer's stock price

The layoffs come as Walmart’s stock trades at a record high. It’s seen as a winner as consumers become increasingly cautious due to high energy prices. Walmart stock is up 17% this year, outperforming ...
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Walmart giving raises to new, current employees

Some Walmart employees may be getting a raise. In a memo to employees, John Furner, president and CEO of Walmart U.S., said the company is taking numerous steps to invest in employees, including by ...

Here's How Much Walmart Stock Is Expected to Move After Earnings

Walmart is due to report earnings Thursday morning, with the retailer's stock seen potentially climbing to new highs in the ...

Walmart stock plunges as soaring gas prices hit profits and slam shoppers’ wallets

Walmart on Thursday revealed a disappointing full-year forecast, even after it saw relatively strong sales in the first ...