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Stockreport

Walmart Bets $6 Billion on Mexico Even as Economy Slows [Yahoo! Finance]

Walmart Inc. (WMT)  More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
more locations and robotic logistics hubs, escalating its bet on the market despite economic challenges and a brewing US trade conflict. Most Read from Bloomberg Why Did the Government Declare War on My Adorable Tiny Truck? How SUVs Are Making Traffic Worse Trump Slashed International Aid. Geneva Is Feeling the Impact. These US Bridges Face High Risk of Catastrophic Ship Strikes Affordable Housing Developers Stalled by Blocked Federal Funds The expansion will create 5,500 jobs, Chief Executive Officer Ignacio Caride said at Mexican President Claudia Sheinbaum's daily news conference just minutes before heading to the company's annual meeting with investors. The announcement is a boon for Sheinbaum, who is trying to fend off the threat of tariffs and a pullback in government spending. The company's $6 billion Mexico plan includes operating expenses, like marketing and personnel, and the company didn't say how much it compares with similar spending last year. In a separa [Read more]

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