Wal-Mart Stores, Inc. (WMT) - NYSE
  • Dec. 10, 2015, 2:18 AM
    • The retail behemoth is adding a feature to its existing mobile app so that consumers can pay at the register with information stored in their Walmart.com account, including gift cards, debit cards or credit cards.
    • With the new system, shoppers use Wal-Mart's (NYSE:WMT) app and camera feature to scan a QR code at the checkout counter, which then connects to the cards on file.
    • The solution works on both Apple and Android devices.
    | Dec. 10, 2015, 2:18 AM | 23 Comments
  • Dec. 2, 2015, 7:39 PM
    • Retail sales (ex-auto and gas) rose 4.6% in November, according to data from MasterCard.
    • Black Friday sales were lower than a year ago, while sales for the full Thanksgiving week rose a modest 0.3%. The lower growth rate for the holiday period than the full month adds some support to the theory of some analysts that many typical Black Friday sales were pulled forward.
    • MasterCard reports online sales rose 13% for the four-day weekend period just in front of Cyber Monday. For the month, e-commerce sales were up 16%.
    • The strong mix of e-commerce this holiday season makes it crucial for Wal-Mart (NYSE:WMT), Target (NYSE:TGT), Staples (NASDAQ:SPLS), and Best Buy (NYSE:BBY) that they keep pace with Amazon's e-commerce share still strong.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, FDIS, RCD, PMR, UGE, SZK, BITE
    | Dec. 2, 2015, 7:39 PM | 7 Comments
  • Dec. 1, 2015, 7:29 AM
    • Wal-Mart (NYSE:WMT) discloses that almost half of the orders received since Thanksgiving on its website were placed through mobile devices.
    • The company says Star Wars toys, drones, and 4K HD TVs were hot sellers during the Black Friday to Cyber Monday period. Specific sales and traffic numbers weren't released.
    • Wal-Mart fell 1.70% yesterday to $58.87 vs. a 52-week range of $56.30 to $90.97.
    • Previously: Cyber Monday sell-off hits mall and big box names, outliers include BBY and TCS (Nov. 30 2015)
    | Dec. 1, 2015, 7:29 AM | 10 Comments
  • Nov. 30, 2015, 12:55 PM
    • It's not a happy Cyber Monday for most retail chain stock on broad concerns over soft store traffic and weak pricing.
    • Notable decliners include Guess (GES -5.5%), Express (EXPR -4.6%), Zumiez (ZUMZ -7%), Foot Locker (FL -1.7%), Finish Line (FINL -2.1%), Urban Outfitters (URBN -4.4%), Francesca's (FRAN -2.9%), DSW (DSW -2.7%), and Men's Wearhouse (MW -3.3%).
    • Discounters are down sharply, led by Big Lots (BIG -5.4%), Gordmans Stores (GMAN -6%), and Five Below (FIVE -4.3%).
    • Big box retailers Wal-Mart (WMT -1.3%), Costco (COST -1.4%), and Target (TGT -1.4%) are lower with concerns over website capabilities lingering in the background. Best Buy (BBY +1.1%) is a bit of a surprise with a 1.4% gain after reports indicate demand for Apple products is exceptionally strong.
    • Specialty retailers such as The Container Store (TCS +1.6%), Party City (PRTY +1.2%), and The Michaels Companies (MIK +1.4%) are also retail outliers as consumers are seen spending a higher percentage of their disposable income close to their homes.
    • Previously: Retail stocks on watch after Amazon scoops up more Black Friday sales (Nov. 30 2015)
    • Previously: Department stores stocks weak on holiday sales anxiety (Nov. 30 2015)
    | Nov. 30, 2015, 12:55 PM | 11 Comments
  • Nov. 30, 2015, 10:52 AM
    • Target's (NYSE:TGT) home page is currently displaying a high traffic warning.
    • Customers are unable to shop for Cyber Monday deals at the moment.
    • PayPal (NASDAQ:PYPL) is also reportedly suffering some outages due to the traffic crunch.
    • Retail Dive reports that Wal-Mart (NYSE:WMT) may have missed some sales over the weekend due to the spotty performance of the website.
    | Nov. 30, 2015, 10:52 AM | 17 Comments
  • Nov. 27, 2015, 12:54 PM
    • "We believe Thanksgiving shopping was a bust," says SunTrust, following channel checks in the New York metro area, New England, and the Southeast starting yesterday and continuing through the night into Black Friday.
    • Team members dispatched to malls had no problem finding parking or navigating stores, says SunTrust, and there seemed to be more browsing than buying going on.
    • Lines at Wal-Mart (WMT -0.5%) and Target (TGT +0.3%) were about half of last year, but Kohl's (NYSE:KSS) was the exception to lame traffic.
    • Joining Kohl's among early winners according to SunTrust are Aeropastale (ARO +0.8%), Abercrombie & Fitch (ANF +0.2%), American Eagle Outfitters (AEO -0.4%), and Kate Spade (KATE -2.6%). New York & Co. (NWY +1.9%) was among the early losers. Gap (GPS -2.7%) scores both a win and a loss, with Old Navy looking good, but Gap stores not so much.
    • Hanging out at Minneapolis' Mall of America, KeyBanc's Edward Yruma says traffic looks weaker than past years. "It doesn't look much busier than an average Saturday morning."
    • ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, RCD, PMR, BITE
    | Nov. 27, 2015, 12:54 PM | 73 Comments
  • Nov. 25, 2015, 9:26 AM
    • The average price for a gallon of gas in the U.S. has now dropped to $2.06 per gallon - a mark that is 27% lower than where gas prices stood heading into the holiday period last year. Despite the extra dollars in the wallets of consumers, most forecasts for holiday retail sales are on the modest side (below 4%).
    • The extended period of sub-$3 gas prices in the U.S. hasn't exactly lit consumer spending across broad retail on fire (just ask Wal-Mart) - although it has stoked auto sales for the Detroit Three (GM, F, FCAU). The regional casino sector (ISLE, PENN, BYD, ERI, MTN, MCRI) and cruise line stocks (NCLH, RCL) have also benefited more than major chain stores. Some have suggested that lower gas prices are also an understated driver for Starbucks (NASDAQ:SBUX) and Netflix (NASDAQ:NFLX) which both score high on customer stickiness.
    • What next? Seeking Alpha's Stock Pitch Contest on retail is still open until November 30 amid the reset on consumer spending expectations. Current long ideas include PLAY, FRAN, CASY, SKX, WMT, PSUN, HGG, PRTY, TJX, TA, VSTO - while short bets on WMAR, TIF, RT, AMZN, UA, LB, and OUTR are on record.
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, IYC, FXD, PEJ, FDIS, RHS, FSTA, SCC, UCC, RCD, PMR, PEZ, UGE, PSL, PSCC, PSCD, SZK, BITE.
    | Nov. 25, 2015, 9:26 AM | 49 Comments
  • Nov. 25, 2015, 8:15 AM
    • Cowen and Company projects holiday retail sales will increase between 2% and 3%. The forecast is below the 3.5% to 4.2% consensus range of analysts.
    • Analyst Olivia Chen notes the earlier start to the promotional season and that online is driving a larger percentage of revenue. Typically, online shopping leads to a smaller basket size when compared to brick-and-mortar shopping and a higher degree of fragmentation of sales. Both trends work against big-box retailers (TGT, WMT, COST, BBY]]).
    • ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, RCD, PMR, BITE
    | Nov. 25, 2015, 8:15 AM | 2 Comments
  • Nov. 24, 2015, 5:10 PM
    • A Justice Department investigation into potential foreign bribery by Wal-Mart (NYSE:WMT) has found evidence of possible misconduct by the company in Brazil, after uncovering little to support sweeping allegations involving Mexico that initially sparked the probe, WSJ reports.
    • Federal prosecutors reportedly are examining $500K in payments they believe ultimately went to a person hired to obtain government permits WMT needed to build two stores in Brasilia, between 2009 and 2012.
    • The probe is examining whether senior WMT employees in Brazil at the time knew of and approved of the suspected payments, according to the report.
    | Nov. 24, 2015, 5:10 PM | 17 Comments
  • Nov. 23, 2015, 11:26 AM
    • Walmart Canada was one of the grocery store chains approved to sell alcohol in Ontario.
    • The subsidiary will still have to apply to the Alcohol and Gaming Commission of Ontario for a formal license.
    • Canada was a pocket of strength for Wal-Mart (NYSE:WMT) in Q3.
    | Nov. 23, 2015, 11:26 AM | 3 Comments
  • Nov. 23, 2015, 7:09 AM
    • Wal-Mart (NYSE:WMT) announces it will unveil Cyber Monday deal on Sunday, November 29 at 8:00 p.m.
    • The company's Cyber Week will run through December 4 with at least 2K online specials each day.
    • Early online searches indicate 4K TVs, Beats by Dre headphones, Star Wars toys, and drones are in demand with consumers this season.
    | Nov. 23, 2015, 7:09 AM | 2 Comments
  • Nov. 23, 2015, 2:11 AM
    • Wal-Mart (NYSE:WMT) is pulling back Cyber Monday - the biggest online shopping day of the year - to Sunday, in yet another Thanksgiving makeover at the world's largest retailer.
    • Cyber Monday's origins trace back more than a decade when people started using the high-speed Internet access at their office to purchase things they saw but did not buy during trips to the shopping mall over Thanksgiving weekend.
    • Now, with Internet access readily available, the logic of limiting the event to a weekday no longer holds, said Fernando Madeira, chief executive of Walmart.com.
    • Previously: Another Black Friday makeover at Wal-Mart (Nov. 12 2015)
    | Nov. 23, 2015, 2:11 AM | 2 Comments
  • Nov. 21, 2015, 10:29 AM
    • Global toy sales are up 7% for the first nine months of the year, according to data from markets tracked by NPD Group.
    • The solid read on demand is positive heading into the holiday period when close to half of all annual sales are struck. Most forecasts from analysts call for a brisk pace to toy sales in Q4 with Star Wars and emerging markets a major factor.
    • Toy sales in Russia (+34%) and Mexico (+18%) are rising rapidly, while France (-0.7%) was the only major market with a dip. The U.S. (+7.5%) and Germany (+7.6%) were slightly ahead of the average. China, Japan, and other Asia nations weren't included in the NPD study. Volume has been solid in those markets, but the F/X conversion painful for U.S. firms.
    • By product, Mattel's (NASDAQ:MAT) Hot Wheels and Minecraft toys are selling well in the U.S., while there's been an unexpected surge for Hasbro's (NASDAQ:HAS) Furby in Russia and Poland. Spin Master (OTC:SNMSF), Denmark's The Lego Group, JAKKS Pacific (NASDAQ:JAKK), Mega Brands (owned by Mattel), Playmobil, and Flair Preziosi have all made recent best-selling toy lists.
    • Not expected to be have a banner holiday season is LeapFrog (NYSE:LF) which has shrunk to a $47M market cap in a death-by-tablet scenario.
    • On the retail side, Amazon (NASDAQ:AMZN) has increased toy market share in recent years at the expense of Toy "R" Us, Target (NYSE:TGT), and Wal-Mart (NYSE:WMT). The Seattle giant makes things tough for its e-commerce rivals by strategically changing prices on thousands of items a day in a battle of algorithms.
    | Nov. 21, 2015, 10:29 AM | 20 Comments
  • Nov. 20, 2015, 9:14 AM
    • Wal-Mart (NYSE:WMT) grew store space in the U.S. at a much faster rate than employee headcount over the last ten years, according to analysis from Reuters.
    • New store space increased 45%, and revenue was up 50%, while the U.S. labor force only rose 8%.
    • The store space to employee ratio wouldn't be alarming if the retail giant wasn't facing broad criticism for the conditions of product stocking and overall customer service in stores.
    • Though execs with Wal-Mart acknowledge the need for store improvements, they also note the role of technology in areas such as self-checkout lanes and packaging. Still, during recent quarters there has been a not-so-subtle shift from management to prioritize total sales over profit.
    • Shares of Wal-Mart are down 29% YTD to trail the S&P 500 (+1.5%) and S&P Retail ETF (-9.8%) by wide margins.
    | Nov. 20, 2015, 9:14 AM | 23 Comments
  • Nov. 17, 2015, 7:27 AM
    • Wal-Mart (NYSE:WMT) reports U.S. comparable-store sales rose 1.5% in FQ3 on a traffic increase of 1.7%. Neighborhood Markets led again with a +8% comp during the quarter.
    • Operating income in the U.S. segment fell 8.6% Y/Y.
    • International sales -11.4% Y/Y to $29.8B (+3.2% ex-F/X). Operating income -6.4% to $1.3B.
    • Revenue at Sam's Club -2.2% to $14.1B (+1.6% ex-fuel). Traffic was up 0.2%. Operating income +9.3% to $500M.
    • E-commerce sales +10% Y/Y during the quarter.
    • Guidance: The company narrows full-year EPS to $4.50 to $4.65 vs. $4.40-$4.70 prior and $4.51 consensus.
    • Previously: Wal-Mart beats by $0.05, misses on revenue (Nov. 17 2015)
    • WMT+2.57% premarket to $59.36.
    | Nov. 17, 2015, 7:27 AM | 1 Comment
  • Nov. 17, 2015, 7:05 AM
    • Wal-Mart (NYSE:WMT): Q3 EPS of $1.03 beats by $0.05.
    • Revenue of $117.05B (-1.6% Y/Y) misses by $740M.
    • Shares +2.38% PM.
    | Nov. 17, 2015, 7:05 AM | 32 Comments
Company Description
Wal-Mart Stores, Inc. operates retail stores in various formats around the world. The company operates its business through three reportable segments: Walmart U.S., Walmart International and Sam's Club. The Walmart U.S. segment includes the company's mass merchant concept in the U.S., operating... More
Sector: Services
Industry: Discount, Variety Stores
Country: United States