Walmart results reflective of slowing consumer spending, warns Fmr. CEO Bill Simon

Bill Simon, Former Walmart U.S. CEO, joins 'Fast Money' to talk Walmart earnings, consumer trends, tailwinds the retailer can take advantage of as the economy slows and more.

Walmart's Q3 Highlights Paycheck-to-Paycheck Consumer Caution in Holiday Spending

The impact of inflation on consumer spending has been a consistent concern throughout the year, and indications suggest that this trend is set to persist this holiday season.  As Walmart CEO Doug M...

Walmart aims to lower food costs to entice customers to buy other products

Walmart executives said Thursday during the company's quarterly earnings call that it is seeking to lower food costs so shoppers can spend more on general merchandise.

Deflation is shaking things up for retailers, analyst says

Walmart (WMT) beat third-quarter earnings estimates but softened its guidance for the remainder of the year, claiming cautious optimism for the upcoming holiday season as inflation remains an issue...

Dow down 120 points in final hour of trade as November rally pauses

U.S. stocks were under pressure Thursday, but off the session lows, in the final hour of trade as investors digested a batch of weaker economic data suggesting the effects of the Federal Reserve's ...

Deflation Alert: Walmart CEO Predicts Food Prices Will Fall in Near Future

Walmart (NYSE: WMT ) CEO Doug McMillon has said that deflation could be coming as prices for general merchandise and grocery items move lower in the coming months. McMillon made the comments on an ...

Walmart CEO Predicts Food Deflation May Come Soon

Inflation has been hurting Americans at the grocery store since the start of the Covid-19 pandemic, though deflation could bring its own drawbacks.

Walmart's Strong Digital Initiatives and Burgeoning Ad Sales Propel Earnings

Walmart (WMT)'s third-quarter earnings solidly topped analyst predictions as the company posted strong advertiser sales to third-party sellers on its marketplace, despite lackluster consumer spendi...

Deflation could be coming this holiday season, Walmart CEO says

Prices have fallen, especially on general merchandise and on some key grocery items, said Walmart chief Doug McMillon.

Walmart shares tumble after warning about weak holiday sales

Shoppers are "still very choiceful and using discretion," and are waiting for promotional events like Black Friday and Cyber Monday, Walmart's finance chief said.

Walmart (WMT) Q3 Earnings Match Estimates, Guidance Raised

Walmart's (WMT) third-quarter fiscal 2024 results reflect sales growth across all segments. The company gains from solid comp sales growth and a robust omnichannel model.

Walmart Keeps Winning, but Has High Bar to Clear

Walmart is delivering on both value and convenience, but investors want to see faster profit growth.

Walmart Stock Tumbles from Record Highs After Dour Forecast

Despite beating earnings and revenue expectations for the third quarter, Walmart Inc's (NYSE:WMT) full-year forecast came in below analysts' estimates, as company officials expressed concern over t...

Walmart CFO: Consumers are focused on needs, not wants

Walmart (WMT) shares opened lower on Thursday after the retailer reported third-quarter results that were slightly better than analyst estimates. Investors were dismayed by the company's more cauti...

Pickup and Delivery Drive Walmart's 24% eCommerce Surge, but Consumer Spending Slows

Walmart has made the consumer spending slowdown official. As fiscal year third-quarter earnings results debuted Thursday morning (Nov. 16) showed a cautious outlook on consumers' willingness to ope...


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