Walmart Inc. WMT and Burger King have entered into a unique partnership that offers Walmart+ members an exclusive offer of 25% off any digital Burger King order. Starting in September, members will also receive a free flame-grilled Whopper with every purchase every three months, further increasing the benefits of their membership. Walmart+ members can easily […]
Walmart Inc. WMT, known for its bold moves to improve its operations, has divested its entire stake in JD.com, sources revealed. The move represents a significant shift in the US retail giant’s strategy and will allow Walmart to focus more on strengthening its core businesses in China, including Walmart China and Sam’s Club. Experts also […]
For immediate release Chicago, IL – August 22, 2024 – Sheraz Mian, head of research at Zacks, says, “Among the 473 S&P 500 companies that reported second-quarter results, total earnings rose 8.0% compared to the same period last year, on revenues up 5.0%.” Retail earnings breakdown: good or bad? Note: The following is an excerpt […]
For immediate release Chicago, IL – August 14, 2024 – Zacks.com announces the list of stocks featured on the Analyst Blog. Every day, Zacks Equity Research analysts discuss the latest news and events affecting stocks and the financial markets. Stocks recently featured on the blog include: Walmart Inc. WMT, Amazon.com, Inc. AMZN, Best Buy Co., […]
Second-quarter results from major retailers will continue to highlight this week’s earnings roundup with Walmart WMT The Q2 report is scheduled to be released on Thursday, August 15th. It is particularly noteworthy that Walmart’s Zacks Retail-Supermarkets Industry is currently in the top 11% of about 250 Zacks Industries. As a key beneficiary of its strong […]
Shopify’s SHOP The stock has risen over 20% since beating second-quarter revenue and earnings expectations on Tuesday, and investors may be thinking about chasing the rally. Let’s see if there is still time to buy SHOP as Shopify has big name clients like Target TGT At the same time, it helps a wide range of […]
