Walmart Guides FY25 Adj. EPS Above Estimates; Boosts Dividend 9% - Update

RTTNews | hace 547
Walmart Guides FY25 Adj. EPS Above Estimates; Boosts Dividend 9%  - Update

(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, retail giant Walmart, Inc. (WMT) initiated its adjusted earnings and net sales growth guidance for the first quarter and the full-year 2025.

For the first quarter, the company now expects adjusted earnings in a range of $1.48 to $1.56 per share on a pre-split basis and $0.49 to $0.52 per share on a post-split basis, on consolidated constant currency net sales growth of 4 to 5 percent.

On average, 25 analysts polled by Thomson Reuters expected the company to report earnings of $1.48 per share on revenues of $145.89 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2025, the company now projects adjusted earnings in a range of $6.70 to $7.12 per share on a pre-split basis and $2.23 to $2.37 per share on a post-split basis, on consolidated constant currency net sales growth of about 3.0 to 4.0 percent.

The Street is looking for earnings of $6.55 per share on a revenue growth of 3.4 percent to $618.84 billion for the year.

Separately, the Board of Directors of Walmart approved a 9 percent higher annual cash dividend for fiscal year 2025 of $0.83 per share on a post-stock split basis, or $2.49 per share on a pre-split basis

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Walmart Recalls 850K Ozark Trail Water Bottles

Walmart Recalls 850K Ozark Trail Water Bottles

Retain giant Walmart Inc. is recalling about 850,000 Ozark Trail 64 oz Stainless Steel Insulated Water Bottles as the lid can suddenly pop off with force, causing injury, according to the U.S. Consumer Product Safety Commission. The recall includes Water Bottles sold under model number 83-662. These silver stainless-steel bottles feature a black one-piece screw-on lid.
RTTNews | hace 40
Chicken Fettuccine Alfredo Sold At Kroger, Walmart Recalled After Listeria Outbreak

Chicken Fettuccine Alfredo Sold At Kroger, Walmart Recalled After Listeria Outbreak

The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced the recall of chicken Fettuccine Alfredo products sold through Kroger and Walmart retail stores across the United States, citing potential adulteration with an outbreak strain of Listeria monocytogenes. The outbreak currently includes 17 ill people in 13 states, with three reported deaths and one fetal loss.
RTTNews | hace 63
FDA, CDC Probe Salmonella Outbreak As Around 1.70 Mln Dozen Brown Eggs Recalled

FDA, CDC Probe Salmonella Outbreak As Around 1.70 Mln Dozen Brown Eggs Recalled

The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention or CDC are investigating a Salmonella Enteritidis outbreak linked to brown eggs that sickened nearly 79 across 7 states. Associated with the ongoing probe, August Egg Co. recalled around 1.70 million dozen brown cage-free and brown certified organic eggs sold through Walmart and other retail locations.
RTTNews | hace 72
Walmart To Cut 1,500 Corporate Jobs In Cost-cutting Efforts

Walmart To Cut 1,500 Corporate Jobs In Cost-cutting Efforts

Amid a challenging retail environment, due to fierce competition along with ongoing tariff issues, retail behemoth Walmart Inc. is planning to cut around 1,500 corporate jobs in the United States as part of its restructuring, media reported citing a memo. The multinational chain of hypermarkets, discount department stores, and grocery stores' efforts to simplify its operations...
RTTNews | hace 90
Walmart Recalls Marketside Fresh Cut Cucumber Slices

Walmart Recalls Marketside Fresh Cut Cucumber Slices

Retail giant Walmart Inc. has recalled Marketside branded Fresh Cut Cucumber Slices possibly made with recalled whole cucumbers supplied by SunFed Produce, LLC due to the potential for Salmonella contamination, according to the U.S. Food and Administration. The Marketside Fresh Cut Cucumber Slices, produced in select stores, were available at 34 Walmart stores located in Texas.
RTTNews | hace 259
Walmart Offers Thanksgiving Meal For Below $7/Person Through Dec. 25

Walmart Offers Thanksgiving Meal For Below $7/Person Through Dec. 25

Walmart Inc. officially launched its holiday meal, offering customers a Thanksgiving meal for less than $7 per person. The offer, which comes earlier than last year, and at an even lower price, is available from October 14 through December 25. Walmart said its inflation-free Thanksgiving meal would benefit customers, who want to begin saving earlier and throughout the holiday season.
RTTNews | hace 307
Walmart Holiday Deals Event On Oct. 8-13

Walmart Holiday Deals Event On Oct. 8-13

Omnichannel retail giant Walmart Inc. is unveiling thousands of offers with consistently low prices, kicking off the holiday shopping season earlier than ever. The first Walmart Holiday Deals event of the season runs from October 8 to 13 with early access for Walmart+ members. The retailer has introduced earlier, longer windows for holiday savings across its wide range of assortment.
RTTNews | hace 336
Mattel's Fisher-Price Recalls 366K Dumbbell Toy

Mattel's Fisher-Price Recalls 366K Dumbbell Toy

New York-based Fisher-Price Inc., owned by toymaker Mattel, Inc., has called back about 366,200 units of Dumbbell toy sold with Baby Biceps Gift Set citing choking hazard, according to the U.S. Consumer Product Safety Commission. In addition, about 37,850 units were sold in Canada. The recall involves the plastic dumbbell toy sold with the Fisher-Price Baby Biceps Gift Set with model number GJD49.
RTTNews | hace 353