Walmart and the Walmart Foundation Announce up to $250,000 for California Wildfire Relief

BENTONVILLE, Ark., Dec. 8, 2017 – Walmart and the Walmart Foundation have committed up to $250,000 in support of ongoing relief efforts surrounding wildfires in California. This includes funding for nonprofit grants supporting the America Red Cross and Salvation Army for shelter and feeding efforts, as well as in-kind product donations to support first responders. “We are saddened by the devastation caused by the wildfires and the impact to our associates and the communities we serve,” said Julie Gehrki, vice president, programs for Walmart. “This has been an unprecedented year for disasters around the United States, and we remain committed […]

Gift like a Rockstar this December: Walmart Has Your Back Until the Very Last Minute with Great Prices in Stores and Online

BENTONVILLE, Ark. – Dec. 8, 2017 – With just weeks left until Christmas and 84 percent of Americans still holiday shopping*, Walmart is amping up in-store Pickup and offering the hottest gifts at incredible prices to help customers end the season on a high note. Whether just starting to shop or checking off the final items on the “nice list," customers can trust Walmart will have everything they need to rock this holiday, including: Top gifts at great prices, whether customers shop today, on Green Monday or the final days leading up to Christmas. More convenience than ever before, with […]

More Creating, Less Waiting with Our New Tasty Partnership

If you’re a fan of BuzzFeed’s Tasty, the world’s largest social food network, you’ve probably stumbled across an amazing recipe that looks so delicious you want to make it ASAP. Well, we’ve got great news: Not only can you be inspired by these viral videos, but you can now order products directly from the app experience on Walmart.com and Jet.com. Starting today, when you open the Tasty app to view any one of their 2,000+ recipe videos, the recipe will include direct links to the kitchen tools, bakeware, and appliances that you’ll need to create a dish – for instance, […]

Walmart Changes its Legal Name to Reflect How Customers Want to Shop

BENTONVILLE, Ark., Dec. 6, 2017 – Reflecting its growing status as an omni-channel retailer Walmart today announced plans to change the company’s legal name from Wal-Mart Stores, Inc. to Walmart Inc. effective Feb. 1, 2018. The name change chiefly demonstrates the company’s growing emphasis on serving customers seamlessly however they want to shop: in stores, online, on their mobile device, or through pickup and delivery. “Our customers know us as Walmart and today they shop with us not only in our stores but online and with our app as well,” said Doug McMillon, Walmart president and CEO. “While our legal […]

The Countdown to Cyber Monday Has Begun

We’re heading deeper into the holiday season with the best value proposition for customers we’ve ever had online. We have great prices on more products than ever before (triple the assortment as compared to last year). And, we’re offering fast, free shipping options on many items. Every day of the holiday season is important. But, there is one day that gets our customers (and us!) really hyped up…Cyber Monday. Which is why I’m excited to announce that we’re making it easier than ever to find great deals and must-have gifts on Walmart.com on Cyber Monday this year. Here’s how: We’ll […]

Walmart Helps Customers Rock Black Friday

BENTONVILLE, Ark. – Nov. 23, 2017 – Walmart shared the following statement on how the company delivered on its Black Friday plans for customers. "Once again, we've given our customers an amazing assortment of deals at the best prices of the night, and with more availability than any other retailer. We delivered on that promise to the millions of customers who shopped our stores and online by selling tens of millions of televisions, video game consoles, movies and toys and turkeys! We are committed to continuing to help customers save time and money this season in the final days and […]

Walmart U.S. Q3 comps(1) grew 2.7% and Walmart U.S. eCommerce sales grew 50%, Company reports Q3 FY18 GAAP EPS of $0.58; Adjusted EPS(2) of $1.00

The company's third-quarter GAAP EPS was adjusted2 for three items. A charge of $0.29 for loss on extinguishment of debt in connection with the company's recently completed debt tender offer, a charge of $0.09 based on discussions with government agencies regarding the possible resolution of the FCPA matter, and a charge of $0.04 based on the decision to exit certain properties in one of the company's international markets. Total revenue was $123.2 billion, an increase of $5.0 billion, or 4.2%. Excluding currency2, total revenue was $122.7 billion, an increase of $4.5 billion, or 3.8%. Walmart U.S. comp sales1 increased 2.7%, […]

Kraft Heinz Reports Third Quarter 2017 Results

Dateline City: PITTSBURGH & CHICAGO Q3 net sales increased 0.7%; Organic Net Sales (1) increased 0.3% Q3 net income attributable to common shareholders increased 12.1%; Adjusted EBITDA (1) increased 6.7% on a constant currency basis Q3 diluted EPS increased to $0.77; Adjusted EPS (1) of $0.83 was equal to the prior year PITTSBURGH & CHICAGO–(BUSINESS WIRE)–The Kraft Heinz Company (NASDAQ: KHC) (“Kraft Heinz” or the “Company”) today reported third quarter 2017 financial results that reflected significant cost savings and improved net sales performance that were offset by a higher tax rate versus the prior year period. Language: English Contact: The […]

The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.625 Per Share

Dateline City: PITTSBURGH & CHICAGO PITTSBURGH & CHICAGO–(BUSINESS WIRE)–The Board of Directors of The Kraft Heinz Company (NASDAQ: KHC) today declared a regular quarterly dividend of $0.625 per share of common stock payable on December 15, 2017, to stockholders of record as of November 17, 2017. ABOUT THE KRAFT HEINZ COMPANY Language: English Contact: The Kraft Heinz CompanyMichael Mullen (media)Michael.Mullen@kraftheinz.com orChristopher Jakubik, CFA (investors)ir@kraftheinzcompany.com Ticker Slug: Ticker: KHC Exchange: NASDAQ read more

Wal-Mart Stores, Inc. Announces Pricing for Cash Tender Offer

BENTONVILLE, Ark., October 23, 2017 — Wal-Mart Stores, Inc. (NYSE: WMT) (“Walmart” or the “Company”) announced today the pricing for its previously announced offer to purchase the Company’s 6.500% Notes due 2037, 6.200% Notes due 2038, 5.625% Notes due 2040, 5.625% Notes due 2041, 5.25% Notes due 2035, 5.000% Notes due 2040, 4.875% Notes due 2040, 4.750% Notes due 2043, 4.300% Notes due 2044, 4.000% Notes due 2043, 5.875% Notes due 2027, 4.125% Notes due 2019 and 3.625% Notes due 2020 (collectively, the “Securities”) (such offer to purchase, the “Tender Offer”). The Company also announced the principal amounts of Securities […]