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Last $72.10 USD
Change Today +0.72 / 1.01%
Volume 8.6M
WMT On Other Exchanges
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Exchange
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As of 8:04 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

wal-mart stores inc (WMT) Key Developments

Wal-Mart Stores Opens New eCommerce Fulfillment Center in Bethlehem, Pennsylvania

Wal-Mart Stores Inc. has announced the opening of new eCommerce fulfillment center in Bethlehem, Pennsylvania. The facility, one of two Walmart centers in the Lehigh Valley dedicated to filling online orders, is part of a network to support the company's rapidly growing e-commerce business. The new 1.2 million sq. ft. facility in the Majestic Bethlehem Center, which features automation and warehousing systems, created nearly 400 full-time jobs in the Lehigh Valley. Roughly 200 additional jobs were created at the second Walmart fulfillment center in the Lehigh Valley Industrial Park VII.

Wal-Mart Stores, Inc. Plans to Invest in Both Accelerating E-Commerce and Creating a Seamless Experience for Customers Across Online, Mobile and Stores

Wal-Mart Stores Inc. announced it has acquired the outstanding shares in Yihaodian, taking full ownership of its fast-growing e-commerce business in China. With full ownership of Yihaodian, Walmart plans to invest in both accelerating e-commerce and creating a seamless experience for customers across online, mobile and stores.

Walmart Opens New e-Commerce Fulfillment Center in Bethlehem, PA

Walmart opened new e-Commerce fulfillment center in Bethlehem, PA. The facility, one of two Walmart centers in the Lehigh Valley dedicated to filling online orders, is part of a next-generation network to support the company's e-commerce business. The new 1.2 million sq. ft. facility in the Majestic Bethlehem Center features automation and warehousing systems.

Massachusetts Woman Files Class-Action Lawsuit Accusing Wal-Mart of Wrongly Denying Employee Benefits for Same-Sex Spouses

A Massachusetts woman filed a class-action lawsuit on July 14, 2015 accusing Wal-Mart of wrongly denying employee benefits for same-sex spouses. Jacqueline Cote says Wal-Mart repeatedly denied medical insurance for her wife before 2014, when the company started offering benefits for same-sex spouses. The couple incurred at least $150,000 in medical costs after Cote's wife, Dee Smithson, was diagnosed with ovarian cancer in 2012. The lawsuit filed in U.S. District Court in Boston seeks damages for the couple and for any other Wal-Mart employees who weren't offered insurance for their same-sex spouses. It asks for money to cover out-of-pocket medical costs and for other punitive damages.

Wal-Mart Stores Inc. Opens New Store

Wal-Mart Stores Inc. announced the opening a new Walmart on July 8, following a brief ribbon-cutting ceremony at 7:30 a.m. The new store is conveniently located at Old Waco Road and FM 2305 and is open 24 hours a day, seven days a week. The store will provide Temple residents with low prices on a broad assortment of groceries and merchandise, along with a fuel station and full service pharmacy. Walmart is making shopping more convenient than ever as local residents can shop for more than a million additional items online on Walmart.com and pick them up at the new Temple Walmart store for free, often as quickly as the same day. The new store employs approximately 300 full- and part-time associates.

 

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WMT

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Valuation WMT Industry Range
Price/Earnings 14.6x
Price/Sales 0.5x
Price/Book 3.0x
Price/Cash Flow 14.3x
TEV/Sales 0.3x
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