sales figures
Walmart Sales Growth Helped by Stimulus
Walmart Inc.’s WMT 1.86% sales continued to rise during the spring quarter though at a slower pace than earlier in the Covid-19 outbreak, as some consumers returned to more typical shopping patterns and U.S. government stimulus stoked spending. Comparable sales, those from U.S. stores and digital channels operating for at least 12 months, rose 6% …
Walmart Sales Surge as Coronavirus Drives Americans to Stockpile
Walmart Inc. is reaping the rewards of being one of few retailers positioned to successfully navigate a global pandemic, reporting a surge in quarterly sales as consumers turned to its giant stores to stock up on food and household goods. The country’s largest retailer said U.S. comparable sales, those from stores and digital channels operating …
A Plumbing Giant Is Breaking Up. Here’s What That Means for U.S. Investors.
Text size Photograph by Samuel Sianipar Plumbing and heating firm Ferguson has been undervalued due to poor performance at its British business, but a new activist shareholder and a plan to separate operations could boost the stock. The United Kingdom–listed firm (ticker: FERG.UK) generates 90% of its sales in the U.S. In June, activist Nelson …
Otis Elevator’s Bet on Technology
Otis Elevator Co. has come a long way from being an elevator pioneer in the 1850s. Today, the company’s elevators and escalators carry two billion people daily, and technology is driving sales and servicing of equipment. As high-rises keep growing taller, more connected and more efficient, there is increasing pressure on Otis and rival elevator …