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Wal-Mart Stores, Inc. (WMT)

- NYSE
  • Wed, May 27, 1:00 PM
    • A few details on Wal-Mart 's (WMT +0.6%) new shipping service were leaked yesterday when an internal link on the company's website went live briefly.
    • The shipping service is called ShippingPass and will be priced at $50 per year.
    • The information on the ShippingPass page also confirmed that there will be no minimum order size and if items are ordered by noon they will be delivered within three days.
    | 8 Comments
  • Thu, May 21, 9:30 AM
    • Alongside Goldman's list of 50 stocks appearing most as top holdings at hedge funds is its list of the 50 top shorts.
    • New additions this quarter: Baxter Intl (NYSE:BAX), UPS, Marriott (NASDAQ:MAR), NextEra (NYSE:NEE), Ford (NYSE:F), National Oilwell Varco (NYSE:NOV), McDonald's (NYSE:MCD), M&T Bank (NYSE:MTB), CenturyLink (NYSE:CTL), Amgen (NASDAQ:AMGN), Pioneer Natural (NYSE:PXD), Duke Energy (NYSE:DUK), Seagate (NASDAQ:STX), AbbVie (NYSE:ABBV), Cisco (NASDAQ:CSCO).
    • The full list (in order of $ value of short interest): AT&T (NYSE:T), Disney (NYSE:DIS), IBM, Verizon (NYSE:VZ), Intel (NASDAQ:INTC), Kinder Morgan (NYSE:KMI), Exxon (NYSE:XOM), Pfizer (NYSE:PFE), J&J (NYSE:JNJ), Deere (NYSE:DE), Caterpillar (NYSE:CAT), Exelon (NYSE:EXC), GE, Boeing (NYSE:BA), Halliburton (NYSE:HAL), Fox (NASDAQ:FOXA), Comcast (NASDAQ:CMCSA), UTX, Regeneron (NASDAQ:REGN), Merck (NYSE:MRK), salesforce.com (NYSE:CRM), AbbVie (ABBV), Conoco (NYSE:COP), Wal-Mart (NYSE:WMT), Eli Lilly (NYSE:LLY), Celgene (NASDAQ:CELG), Schlumberger (NYSE:SLB), AutoZone (NYSE:AZO), Wells Fargo (NYSE:WFC), Emerson (NYSE:EMR), McDonald's (MCD), Reynolds (NYSE:RAI), Target (NYSE:TGT), Accenture (NYSE:ACN), Coca-Cola (NYSE:KO).
    | 76 Comments
  • Thu, May 21, 8:25 AM
    • Wal-Mart (NYSE:WMT) is pulling back some of the business it sent to Li & Fung (OTCPK:LFUGF, OTCPK:LFUGY) to bring it in-house, sources tell the WSJ.
    • Li & Fung works as a middleman in China between retailers and factories.
    • The growth of e-commerce in China has reduced the need of major retailers to use buying agents.
    | Comment!
  • Tue, May 19, 7:19 AM
    • Wal-Mart (NYSE:WMT) reports U.S. comparable-store sales rose 1.1% in Q1 on positive traffic.
    • Operating income in the U.S. segment fell 6.8% Y/Y as a higher level of wages was pushed across some stores.
    • International sales -6.6% Y/Y to $32.4B with F/X a significant factor. Operating income -11% to $1.2B.
    • Revenue at Sam's Club -3% to $13.9B on a 0.5%. Traffic and average ticket both slightly lower during the quarter. Operating income -10.9%.
    • E-commerce sales +17% Y/Y during the quarter.
    • Guidance: The company expects Q2 EPS of $1.06-$1.18 vs. $1.17 consensus.
    • Previously: Wal-Mart misses by $0.01, misses on revenue
    • WMT-1.29% premarket to $78.89.
    | 12 Comments
  • Tue, May 19, 7:05 AM
    • Wal-Mart (NYSE:WMT): Q1 EPS of $1.03 misses by $0.01.
    • Revenue of $114.8B (-0.1% Y/Y) misses by $1.5B.
    • Press Release
    | 19 Comments
  • Mon, May 18, 5:30 PM
  • Sat, May 16, 10:28 AM
    • The retail sector jumps into the spotlight next week with heavyweights Target (NYSE:TGT), Home Depot (NYSE:HD), Lowe's (NYSE:LOW), and Wal-Mart (NYSE:WMT) all scheduled to report Q1 earnings.
    • Retail sales in the U.S. have only recovered slightly in March and April after dropping off from December to February. The flat M/M reading for April deflated the theory that cold weather and a West Coast port slowdown was holding back growth. Many of the rosy forecasts over the impact of sub-$3 gas prices have also been wadded up.
    • The spotlight is now back on the consumer with some some economists reviving classic Milton Friedman behavioral economics to explain the cautious spending trend - while others point to the millennial generation which is online and thrifty.
    • E-commerce accounted for over half the growth of U.S. retail sales in Q1 with a tally of $80.3B (+14.5% Y/Y). The Big 4 reporting this week will all talk e-commerce and others ways they are adapting away from the pure brick-and-mortar model.
    • Earnings conference calls from the quartet should be illuminating as analysts focus on Wal-Mart's new partnership with Alibaba and free shipping service, Target's grocery ambitions, Home Depot's pro/contractor business, and Lowe's view on SG&A.
    • 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.
    | 11 Comments
  • Wed, May 13, 10:01 PM
    • A partnership between Alibaba (NYSE:BABA) and Wal-Mart (NYSE:WMT) could expand beyond a test of using the Alipay mobile payment system in Wal-Mart stores located in China.
    • Though no details were given, Alibaba hinted at further collaboration in a statement today.
    • The two retail giants also joined forces this week with the launch of the new Tango Shop app. The development gives the pair a crack at blending e-commerce with the growing Tango messaging service.
    • Alibaba is an earlier investor in Tango which has 300M users (active + non-active).
    • A broader partnership between Alibaba and Wal-Mart would be interesting considering the noise execs in Bentonville have made over the use of Apple Pay by retailers.
    • Previously: Retail giants Alibaba and Wal-Mart to partner in China (May 13)
    | 10 Comments
  • Wed, May 13, 5:59 PM
    • Wal-Mart (NYSE:WMT) confirmed its new subscription shipping service -- codenamed "Tahoe" -- will roll out this summer and offer unlimited shipping for $50/year, half the cost of Amazon Prime.
    • The unlimited shipping will bring items to consumers in three days or less and apply to "more than a million" items, a spokesperson says.
    • Amazon Prime is 10 years old now, with 20M paying subscribers, but with its higher price also offers a growing list of perks, including Amazon Prime Video streaming.
    • Previously: Wal-Mart preps for subscription shipping service (May. 13 2015)
    | 30 Comments
  • Wed, May 13, 3:51 PM
    • Wal-Mart (NYSE:WMT) continues to prep for a roll-out of a subscription shipping service, sources tell The Information.
    • Though the project has been held back by ongoing software upgrades at the company, it has the backing of CEO Doug McMillon.
    • A 2015 launch is anticipated.
    | 4 Comments
  • Wed, May 13, 12:24 PM
    • Amherst Pierpont has a positive take on today's U.S. Retail Sales report, noting the upward adjustment to March nearly offsets the April shortfall.
    • "This is nothing that could not be easily fixed with another modest upward revision a month from now," reads a note from the trading firm.
    • Capital Economist's Paul Ashworth is bearish on the report. The economist says the weak monthly tally calls into question if cold weather was truly behind the soft consumer spending seen in February and March.
    • The National Retail Federation points to the "anemic" growth seen in the year-over-year retail sales compares.
    • Retail giants Wal-Mart (WMT -0.9%), Target (TGT -0.8%), and Costco (COST -0.4%) are all lower on the day.
    • Dollar General (DG -1.2%) and Dollar Tree (DLTR -1.1%) are also out of favor.
    • Previously: Retail sales continue to slow
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, IYC, FXD, FDIS, SCC, UCC, RCD, PMR, UGE, SZK.
    | 2 Comments
  • Wed, May 13, 8:03 AM
    • Alibaba (NYSE:BABA) and Wal-Mart (NYSE:WMT) plan to partner in China.
    • The collaboration will see 25 Wal-Mart stores in Shenzhen utilize the Alipay payment system.
    • A broader roll-out to other Wal-Mart stores in China is anticipated.
    • BABA +0.44% premarket to $87.15 and WMT +0.1% to $79.01.
    | 22 Comments
  • Wed, May 13, 3:59 AM
    • Responding to shareholder pressure to improve transparency, Wal-Mart (NYSE:WMT) said it will start directly disclosing to investors what it spends on lobbying on a state-by-state basis.
    • The step would make Wal-Mart the first constituent of the Dow Jones to itemize state expenditures at that level of detail, drawing attention to spending that in some states reaches hundreds of thousands of dollars.
    | Comment!
  • Tue, May 12, 11:15 AM
    • Wal-Mart (WMT +1%) says it's satisfied with the early results for the roll-out of Care Clinics at 17 supercenters.
    • RetailWire notes the company's program is well-timed with 17M more Americans having health insurance than a few years ago.
    • During the company's last earnings call, execs said the company has a mindset that it's "building scalable profitable businesses" while driving extra traffic to stores.
    • Earnings call transcript
    | 1 Comment
  • Fri, May 8, 7:26 AM
    • Wal-Mart Canada (NYSE:WMT) says it will spend C$350M ($289.3M) to acquire and remodel 13 former Target stores in Canada.
    • The purchased stores are spread across five different provinces.
    • Earlier this year, Wal-Mart announced a project to build 29 supercenters in Canada.
    | 2 Comments
  • Tue, Apr. 28, 9:59 PM
    • Wal-Mart (NYSE:WMT) plans to increase its investment in China, according to CEO Doug McMillon.
    • The company aims to open 115 stores before 2017 and upgrade more than 50 this year.
    • Wal-Mart has a mixed history in China with the preference of consumers for local tastes making national distribution a challenge.
    • During the company's last earnings call, execs noted Wal-Mart's China comparable-store sales fell in Q4, due primarily to deflation in key categories.
    • Earnings call transcript
    | 1 Comment
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Company Description
Wal-Mart Stores Inc operates retail stores in various formats under various banners. Its operations comprise of three reportable business segments, Walmart U.S., Walmart International and Sam's Club in three categories retail, wholesale and others.