Walmart Steps Up Holiday Game, Inflation-Free Thanksgiving Meal Returns [Yahoo! Finance]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: Yahoo! Finance
Leading the charge is the return of its inflation-free Thanksgiving meal, now priced lower than last year, set to launch on October 14. This year, the retailer also introduced a convenient “buy one, give one” donation feature, allowing customers to easily contribute meals to those in need. According to Deloitte's annual holiday retail forecast , holiday retail sales are expected to rise between 2.3% and 3.3% in 2024. In 2023, holiday sales had a growth rate of 4.3% during the same timeframe. In the aftermath of COVID, the biggest retailers in the U.S. have captured a significantly larger portion of retail growth, according to a Forbes report released in May. The report highlighted that Walmart and Amazon.com, Inc. (NASDAQ: AMZN ) account for about 38% of every additional retail sales dollar, making growth difficult for most other retailers and creating considerable uncertainty. “We've worked hard to lower prices across our most exciting assortment ever,” said Latriece Watki
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News
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WMT
Earnings
- 8/15/24 - Beat
WMT
Sec Filings
- 9/19/24 - Form 144
- 9/18/24 - Form 4
- 9/17/24 - Form 144
- WMT's page on the SEC website