How Walmart's $86B Side Hustle at Sam's Club Sells Fashion [Yahoo! Finance]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: Yahoo! Finance
how they buy inventory and build up to a critical mass that unleashes the efficiency of scale. More from WWD Ashley Stewart to Supply Exclusive Collections to Walmart Harry Slatkin Takes Dwell212 to Walmart, CVS Health Walmart Offers Counseling After Teenage Store Employee's Sudden Death It turns out, Sam's Club has all of that. In another context, the 600-door chain would be considered a giant — but as part of Walmart Inc. , which drove nearly $650 billion in total revenues last year, the club is something more like an $86 billion side hustle. The retailer doesn't break out how big its apparel business is, but 15 to 20 percent of the store is devoted to fashion, which drives foot traffic and offers something of a halo for the general offering. Sam's Club's spin on retail offers a look at what can be done when consumer relationship and value are amped up and favored over store presentation and breadth of offering. A basic membership in Sam's Club costs $50 a year and
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News
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- Walmart Inc. (NYSE: WMT) had its price target raised by analysts at Jefferies Financial Group Inc. from $90.00 to $100.00. They now have a "buy" rating on the stock.MarketBeat
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- Institutions own 35% of Walmart Inc. (NYSE:WMT) shares but private companies control 45% of the company [Yahoo! Finance]Yahoo! Finance
WMT
Earnings
- 8/15/24 - Beat
WMT
Sec Filings
- 11/15/24 - Form 144
- 11/5/24 - Form 4
- 10/25/24 - Form 4
- WMT's page on the SEC website