Walmart Inc. (NYSE:WMT ) Morgan Stanley Technology, Media & Telecom Conference Call March 6, 2025 1:45 PM ET Company Participants Sravana Karnati - Executive Vice President, Global Technology Platforms Conference Call Participants Simeon Gutman - Morgan Stanley Simeon Gutman Good morning, everyone. How are you?
Walmart reportedly wants Chinese suppliers to cut prices in the face of tariff-related pressures. However, the world's largest retailer has thus far found few takers for this request, Bloomberg reported Thursday (March 6), citing unnamed sources.
The talks have been held with several manufacturers as Walmart prepares to deal with higher costs, according to a report.
Michael Baker, D.A. Davidson senior research analyst, joins 'Squawk Box' to discuss the state of the retail industry, strength of the consumer, his top retail stock picks, and more.
Liz Hoffman, Semafor business and finance editor, joins 'Squawk Box' to discuss news of Walmart considering moving its legal home out of Delaware, why more corporations are considering a move out of the state, and more.
Bill Simon, former Walmart US CEO, joins 'Closing Bell Overtime' to talk the impact of tariffs on retail.
Ecommerce giant Amazon.com Inc AMZN recently hit a significant milestone for the retail sector with its quarterly revenue passing Walmart Inc WMT to become the world's largest retailer.
Walmart's (WMT 0.21%) management team is improving its ability to serve customers, and that's great news for investors.
Earnings Watch: Costco, Target, Macy's, Gap and other retailers report this week, as consumer confidence sinks and boycott pressure intensifies
Walmart CEO Doug McMillon reportedly said Thursday (Feb. 27) that the retailer is seeing signs of stress among consumers due to food prices remaining high. Speaking at the Economic Club of Chicago, McMillon said Walmart sees budget-conscious customers buying smaller pack sizes, being more selective and prioritizing value purchases, Bloomberg reported Friday (Feb. 28).
Walmart (WMT 0.61%) reported a fantastic quarter, but the stock price fell by over 6% anyway.
During their respective earnings calls earlier this month, Amazon and Walmart were cautious in their first-quarter 2025 outlooks, reflecting concerns about inflation and slowing consumer spending. Amazon's projected revenue of $151 billion to $155.