Jefferies Maintains Hold Saying Wal-mart (WMT) Supercenters are Stagnating

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Walmart Celebrates Anniversary of Veterans Hiring Commitment by Guaranteeing a Job Offer to Even More Transitioning Troops

May 20, 2015 7:00 AM EDT

Company expects to hire 250,000 U.S. veterans over seven years

BENTONVILLE, Ark.--(BUSINESS WIRE)-- Today, Walmart announced the next step in its Veterans Welcome Home Commitment by guaranteeing a job offer to any eligible U.S. veteran honorably discharged from active duty since the commitments original launch on Memorial Day 2013. The previous commitment was for veterans within 12 months off active duty. In addition to the Veterans Welcome Home Commitment, Walmart is expanding its 2013 projection of hiring 100,000 veterans by 2018, increasing the projection to 250,000 veterans by the end of 2020.*

Since Memorial Day 2013, Walmart has... More

Walmart reports Q1 FY 16 EPS of $1.03

May 19, 2015 7:02 AM EDT

Q1 diluted EPS from continuing operations was $1.03, within guidance of $0.95 - $1.10. Currency negatively impacted EPS by approximately $0.03. Walmart U.S. 1.1% comp includes positive traffic for the second consecutive quarter. Customer experience scores improved in all formats. Customers benefited from lower gas prices. E-commerce sales globally increased approximately 17%. Consolidated operating income declined 8.3%, due to impacts from currency fluctuations... More