Wal-mart's (WMT) Fall Shows Who the Real Retail Giant Is
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Walmart strategy drives growth and sustainable returns, Plans $20 billion share repurchase program over two years
October 14, 2015 10:48 AM EDTThe company provided a three-year strategic framework intended to strengthen its U.S. and e-commerce businesses. Net sales growth is expected to range between 3 and 4 percent annually over the next three years, translating to $45 to $60 billion over the period. Investments in people and technology to drive strong shareholder returns over time. Capital investments will be approximately $11.0 billion for fiscal year 2017 and will remain flat in fiscal years 2018 and 2019. This is below the revised fiscal year 2016 estimate of approximately $12.4 billion, primarily due to a moderation of... More
