Walmart Inc (WMT)

[dannyzee84]

150s today on tik tok news

[slimhere]

We might just get there

Walmart Introduces Walmart+
12:07 am ET September 1, 2020 (BusinessWire) Print

Walmart is launching a new membership program that brings together in-store and online benefits to save customers money and time like no other retailer can: Walmart+.

Walmart+ uses the company's unique assets to make life easier for busy families. Along with the power of its online presence, Walmart+ has the reach of more than 4,700 stores, including 2,700 stores that offer delivery as fast as same day. Members will receive unlimited free delivery from stores, fuel discounts and access to tools that make shopping faster for families. Membership will be available to all customers on Sept. 15. It will cost $98 a year or $12.95 a month and includes a 15-day free trial period. In the future, the company will leverage its wide-ranging strengths to add additional benefits for members in a variety of services and offerings.

"We are a company committed to meeting our customers' needs," said Janey Whiteside, chief customer officer, Walmart. "Customers know they can trust us and depend on us, and we've designed this program as the ultimate life hack for them. Walmart+ will bring together a comprehensive set of benefits where we see the greatest needs from our customers and where our scale can bring solutions at an unprecedented value."

The initial list of Walmart+ benefits are below. The list of benefits will continue to grow over time.

Unlimited free delivery: In-store prices as fast as same-day on more than 160,000 items from tech and toys to household essentials and groceries. This service was previously known as Delivery Unlimited - a subscription service that allows customers to place an unlimited number of deliveries for a low, flat yearly or monthly fee. Current subscribers will automatically become Walmart+ members. Scan & Go: Unlock Scan & Go in the Walmart app - a fast way to shop in-store. Using the Walmart app, customers can scan their items as they shop and pay using Walmart Pay for a quick, easy, touch-free payment experience. Fuel discounts: Fill up and save up to 5 cents a gallon at nearly 2,000 Walmart, Murphy USA and Murphy Express fuel stations. Sam's Club fuel stations will soon be added to this lineup.

These benefits come in addition to the retailer's existing customer offerings like Walmart's free curbside pickup, NextDay delivery and two-day delivery. Walmart will continue to have delivery options with a per-delivery transaction fee so customers can choose the service that's best for them.

"Life feels more complicated than ever. Walmart+ is designed to make it easier - giving customers an option to not have to sacrifice on cost or convenience," added Whiteside. "We know shopping should fit customers' needs, not the other way around. We have always been a champion for the right item at the right price, but now it's more than that. We have the right shopping solutions at the right time, too."

About Walmart

Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, over 265 million customers and members visit approximately 11,500 stores under 56 banners in 27 countries and eCommerce websites. With fiscal year 2020 revenue of $524 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart and on Twitter at twitter.com/walmart.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200831005784/en/

SOURCE: Walmart Inc.

Molly Blakeman
1-800-331-0085
news.walmart.com/reporter

[mdb1]

So far WMT isn't responding like i was hoping -- like $155s by now.

[slimhere]

MB, I couldn't find the article I was looking for, it was more upbeat for WMT than this one is:

Walmart Might Not Get a TikTok Boost. Its Sale Outlook Isn't Great Either. -- Barrons.com
11:08 am ET August 31, 2020 (Dow Jones) Print

By Teresa Rivas

From Covid-19 shopping sprees to TikTok hopes, Walmart has had a great 2020. However, with the stock up 15% year to date, R5 Capital worries that it's gotten ahead of itself, and the firm's downgrade is hurting the shares Monday.

Analyst Scott Mushkin downgraded the shares to Hold from Buy, with a $147 price target. He's quick to point out that the move isn't based on any wavering in is belief that the company's outlook, as it "has a bright future and all the ingredients to be a long-term winner"; rather, he's concerned about a "more muted outlook for sales over the next 12 months."

His research shows that a reduction in employment benefits will weigh on Walmart's top line, and that looks like a problem that will continue, as he's projecting personal disposable income to contract through the second quarter of next year at least.

That could be a problem for a number of retailers, but Mushkin notes that "Walmart's core customer is being particularly impacted by the current economic climate." Add to that the fact that its valuation (at more than 25 times forward earnings) looks high, compared with where it trades historically, and his caution on its bid for TikTok with Microsoft (MSFT) given its recent M&A record, and he sees reason for near-term caution.

Walmart is down 2.8% to $136.36 in recent trading. Mushkin isn't alone in worrying about the impact of less government help on the company's sales going forward, as that was a big reason the stock traded lower after its recent earnings report, which was otherwise ahead of expectations. Yet other analysts are more optimistic about the value of owning TikTok.

Write to Teresa Rivas at [e-mail]

[slimhere]

THey want the kids, they are the only ones with money, plus they aren't afraid of this virus. I want Walmart Prime! After the close, I'll look for a article that makes sense of why WMT wants to buy TikTok.
I believe the deal with get done, Xi Jinping and Trump enjoy pissing contests, IMO.

[mdb1]

Actually surprised Walmart is trying to buy TikToK. Appears China will prevent its sale anyway. Stock split should happen anyway imo. Why is Walmart waiting? Makes no sense to me.

[slimhere]

Wal-Mart has split its stock 11 times since going public in 1970. But there doesn't seem to be any magical share price that triggers the split. For instance, it split shares in August 1975 when the stock was $23 but also in April 1999, when the stock was $89.75, and that was it's last split.

https://www.stocksplithistory.com/walmart/

[mdb1]

Walmart should do a 3 for 1 stock split. Doing that could propel WMT stock to $200++ range before the split takes effect. I wonder why Walmart has not announced this already. Historically they have done multiple stock splits way before the stock price hit $140s.

[mdb1]

Hit $141 already today.. now for $150s next week (i hope)

[mdb1]

Sounds like TikToK favors the MS/WMT deal.

[mdb1]

Maybe now WMT will catch up with TGT and reach the $150s. It should easily be $300s++ imo.

[mdb1]

Is WMT $300 yet? Maybe it has finally left $129s.

[PetroTech]

Any Calls? What Price and Strike date?
Walmart + is coming

[mdb1]

Back to the $120s -- figureas.

[mdb1]

Nope, nevermind -- now in the $129s (forget $130s)

[mdb1]

Is this the day, WMT will not hit $130s since earnings? Incredible earnings and quarter only to have it crash from $137 to $130s.

[mdb1]

WMT should have spiked to way over $300. Makes no sense. Hey TSLA went from $908 to over $2100s in a couple of months.

[mdb1]

Something is wrong: it may stay positive today. Great large growing company but the stock stinks so badly.

[mdb1]

Yesterday hit $130.05; today hit $130.10: this is the result of one of Walmart's best Quarters in decades -- down $6.

[mdb1]

Back to the $120s again WMT. Very very sad and unbelievable

[ZoeyChay]

$WMT Flirts with a Key Breakout Failure Potential https://www.tradingview.com/chart/WMT/q9LGJnvc-WMT-Flirts-with-a-Key-Breakout-Failure-Potential/

[mdb1]

TGT did what WMT should have done go up by $17+. Walmart is a great growing company, but the stock price (large shareholders selling) stinks something awful.

[MC2 Atlantis]

Maybe the FED is liquidating some positions.

[sloppyjones]

Maybe longs are pulling out and investing in their new partnership with TPTWMT. Because these pods are being placed in Florida and California Walmart locations and the company is trading under 10 cents.

[mdb1]

WMT selloff continues. Who in their right minds are SELLING?

[mdb1]

These are best results in almost 20 years and the stock is selling off. Who are these crazy large shareholders?

[TFMG]

$WMT | #Walmart Long Into Earnings


Earnings on Tuesday before the open, expectations
are for a rally.
MACD is reversing away from Zero-line
Histogram is ticking higher.
Volume steadily increasing.
7&12 ma's bullish cross above 20ma imminent.
$140 a conservative breakout target
$129 stop loss
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.

[MC2 Atlantis]

Lol, you have to love the Garcia hit article where she claims “UNNAMED ANALYSTS” are concerned about future sales. Well I’m telling you that WMT is going to $200 a share by the end of the year. With the exception of if Biden and Comrade Harris some how take the election. Although, I think that is a slim chance since even New York will most likely go to Trump this election. GLTA

[mdb1]

WMT shareholders are truly strange -- they keep selling off WMT after huge profits and after gaining e-commerce market share. What a strange lot.

[mdb1]

I think: a timber -- down huge day today. Go figure. Maybe back to the $120s today. What a truly weurd, weird stock.

[mdb1]

Negative in preMarket. Not a good sign.

[mdb1]

WMT was NEGATIVE for a while in preMarket. WMT has more than doubled its internet business in the last 2 quarters. This is Walmart's future. The stock should have gone up 2X already. Truly weird.

[dannyzee84]

WMT is the section 8 store of America

[mdb1]

WMT is now a e-commerce giant along with AMZN. Based on internet business alone it should triple in stock value. Let's see if it goes back to $120s.

[mdb1]

It is so weird. In this stock market environment, WMT should have popped to $500++, but it remained stuck @ $119s - 130s. AMZN popped to over $3000, AAPL popped to over 460, TSLA to over $1800s, but WMT has NOT popped.

Truly weird .. Truly weird .. Truly weird

[mdb1]

Can WMT ever hit $400???? Isn't Walmart.com the 2nd most visited site in US after AMAZON.COM?

[mdb1]

Will WMT ever break $175 (should be $300++ imo)? So far it always goes back to $320s.

[Morningwood1]

https://www.cnbc.com/2020/03/14/trump-asks-walmart-target-others-to-help-tackle-the-coronavirus-crisis.html


$TPTW$

[sloppyjones]

https://www.accesswire.com/601725/TPT-Global-Techs-Subsidiary-TPT-MedTech-Signs-Parking-Lot-Testing-Licensing-Agreement-with-Wal-Mart-Real-Estate-to-Start-QuikLAB-Operations-in-Florida-and-California

[ashy2classy]

Finally something we agree on... ;o)

[mdb1]

WMT should be @ $300s imo (but it keeps hitting $120s instead)

[TravisZ]

I still believe WMT has room to grow. Everything is closing WMT is a great position to create mini distors



//Entertainment Purposes Only//

[jaffy]

Walmart hasn’t moved but it might take off soon

[Lowjack]

Double top!

[TFMG]

$WMT | #Walmart Weekly Close Vital

On hot Alert, for a major breakout.
It would be great to get a new ATH weekly candle close to set up
a potential breakout for next week.
Alert set for $134. for possible trade to $140 short term.
Indicators are bullish , but the long established trend-line must be kept in mind
as resistance.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.

[jaffy]

Ok thanks.

[seventhcircle]

Anything’s possible the good thing is you have 2 years time ! See how elections shake things up and how the politicians play covid out.

[jaffy]

Hi I bought a call option on Walmart for $195 with expiration date of Jan 21 2022 do you see Walmart at that price by 2022?

[Norton1973]

Nice to see up movement. WMT

[whytestocks]

News: $WMT Walmart's New Subscription Service Has a Key Advantage Over Amazon Prime

Walmart  (NYSE: WMT) is preparing to launch its latest assault on  Amazon  (NASDAQ: AMZN) . According to an article on Recode this week, the retail giant is about to unveil a new subscription service called Walmart+ that will offer similar benefits to Amazon Prime. Costing $9...

In case you are interested WMT - Walmart's New Subscription Service Has a Key Advantage Over Amazon Prime