Walmart Stock Up 5% On Rosy Q2, FY25 Outlook - Update

Walmart Q1 Results Top Estimates; Provides Rosy Outlook

Retail giant Walmart reported Thursday a profit for the first quarter that soared from last year, reflecting higher gross margins and strong growth across all its operating segments. Both adjusted earnings per share and quarterly revenues topped analysts' expectations.

RTTNews | 16 days ago

Confectionary Items Sold At Walmart, HyVee, Target, Dollar General Recalled

Sioux City, Iowa-based Palmer Candy Co. is recalling its "White Coated Confectionary Items" citing the potential to be contaminated with Salmonella, according to the U.S. Food and Drug Administration. The impacted items were distributed across the United States in Walmart, HyVee, Target, and Dollar General stores, among others.

RTTNews | 25 days ago

P&G Recalls 8.2 Mln Defective Laundry Detergent Packets

Consumer goods giant Procter & Gamble Co. has called back around 8.2 million defective bags of Tide, Gain, Ace and Ariel laundry detergent packets distributed in the United States citing risk of serious injury, the U.S. Consumer Product Safety Commission announced. In addition, about 56,741 were sold in Canada. According to the agency, the outer packaging meant to prevent access to the contents...

RTTNews | 54 days ago

CPSC Recalls: Walmart Choppers, Child Bike Seats, Bed Rails, Children's Pajamas

The U.S. Consumer Product Safety Commission or CPSC has announced recalls including Walmart's electric mini choppers, children's pajamas, child bike seats, bed rails, as well as baby nests and crib bumpers citing various reasons. Walmart's Mainstays electric mini choppers were called back due to laceration hazard, and Thule's RideAlong rear-mounted child bike seats were recalled due to chemical i

RTTNews | 57 days ago

Nestle Recalls Mugs Sold With Starbucks-Branded Gift Sets

Nestle USA Inc., affiliated to Swiss food and beverage giant Nestle SA, is recalling about 440,500 units of metallic mugs included in 2023 Holiday Starbucks-branded Gift Sets, according to the U.S. Consumer Product Safety Commission. The mugs can overheat or break if microwaved or filled with extremely hot liquid, posing burn and laceration hazards.

RTTNews | 71 days ago

CPSC Recalls: Snowmobiles, Bicycles, Coolers, Kids' Pants, Bracelets, Mattresses, Magnetic Balls

The U.S. Consumer Product Safety Commission or CPSC has announced recalls including snowmobiles, LaBomba bicycles, Coolers, pants sets, Fossil Bracelets, crib mattresses, and magnetic ball sets citing various reasons. The recall involves about 2,700 units of Textron Specialized Vehicles' Arctic Cat Catalyst 600 Snowmobiles for injury risk; about 3,040 units of GT Bicycles LLC's LaBomba Bicycles

RTTNews | 85 days ago

Walmart Q4 Results Top Estimates; Provides Rosy Outlook

Retail giant Walmart reported Tuesday a profit for the fourth quarter that declined 12.4 percent from last year, reflecting sharply lower other gains, despite strong revenue growth amid strength in Walmart International operations. Both adjusted earnings per share and quarterly revenues topped analysts' expectations.

RTTNews | 102 days ago

Walmart To Acquire VIZIO HOLDING For $11.50/Shr Cash

Walmart, Inc. (WMT) and VIZIO Holding Corp. (VZIO) announced Tuesday they have entered into an agreement for Walmart to acquire VIZIO for $11.50 per share in cash, equating to a fully diluted equity value of approximately $2.3 billion.

RTTNews | 102 days ago

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