Sam's Club announces starting pay increase to compete with Costco [Fortune]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
stock.walmart.com/investors/default.aspx
Company Research
Source: Fortune
The club chain, owned by Walmart Inc., said store employees' starting wages in the US will increase to $16 from $15. The company, which operates about 600 stores, also plans to give bigger raises to workers with longer tenures. The changes go into effect early November and will affect nearly 100,000 employees. Initial pay at Sam's Club remains below that of its main competitor, Costco Wholesale Corp. Costco, which operates more than 800 locations, in July raised its starting wage for US workers to $19.50. Low pay, strenuous activities and unpredictable schedules have long made US retail work less appealing to job seekers. Turnover spiked during the pandemic, when employees faced unruly shoppers and hard-to-enforce mandates on face masks. US hourly wages jumped during the pandemic, but have generally climbed at a more modest pace since then. Walmart, which employs about 1.6 million people in the US as the world's largest retailer, started giving managers annual stock grants and
Show less
Read more
Impact Snapshot
Event Time:
WMT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WMT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WMT alerts
High impacting Walmart Inc. news events
Weekly update
A roundup of the hottest topics
WMT
News
- Brokers Suggest Investing in Walmart (WMT): Read This Before Placing a Bet [Yahoo! Finance]Yahoo! Finance
- Money Expert Seth Godwin Says He Would Buy One of These 3 Cars If He Had Only $5,000 To Spend [Yahoo! Finance]Yahoo! Finance
- Walmart Steps Up Holiday Game, Inflation-Free Thanksgiving Meal Returns [Yahoo! Finance]Yahoo! Finance
- Campbell's is in for a fight against private labels and big-name rivals as it chases growth [Yahoo! Finance Canada]Yahoo! Finance Canada
- Campbell's is in for a fight against private labels and big-name rivals as it chases growth [Yahoo! Finance]Yahoo! Finance
WMT
Earnings
- 8/15/24 - Beat
WMT
Sec Filings
- 9/18/24 - Form 4
- 9/17/24 - Form 144
- 9/16/24 - Form 144
- WMT's page on the SEC website