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☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Walmart, Salesforce, Starbucks, Amazon & more
▼ + stars: | 2024-09-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Tuesday's biggest calls on Wall Street: Piper Sandler initiates Colgate-Palmolive and Church & Dwight as overweight Piper said both consumer products company offer an attractive risk/reward. Piper Sandler upgrades Salesforce to overweight from neutral Piper said it sees an attractive risk/reward for the stock. Bernstein reiterates Amazon as outperform Bernstein said advertising is "key to the bull case once again" for Amazon. Wedbush upgrades Comerica to outperform from neutral The firm added the regional bank to its best ideas list. " CFRA reiterates Nvidia as buy The firm says it sees Nvidia with "sustained compute demand" over the coming years.

Persons: Piper Sandler, Dwight, Piper, Baird, Jefferies, it's bullish, Raymond James reinstates Uber, Raymond James, Goldman Sachs, Goldman, KeyBanc, Morgan Stanley, immuno, Oppenheimer, Lowe's, Redburn, it's, Truist, Baird downgrades McKesson, Needham, Apple, Pinterest, Leerink, Guggenheim, Tesla, TSLA, Bernstein, CFRA Organizations: Colgate, Palmolive, Church, Jefferies, Starbucks, Avidity Biosciences, BP, Exxon, Costco, Walmart, Apple, GE Vernova, UBS, Citi, Mastercard, Visa, U.S, DOJ, Comerica, CMA, Nvidia

☆ Walmart Holiday Deals 2024: Dates and Everything to Know
▼ + stars: | 2024-09-23 | by ( Ashley Morris | Ashley Morris Is An Associate Seo Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +3 min

If you want to start your holiday shopping early, look no further because Walmart has officially announced its upcoming Walmart Holiday Deals event. When is the Walmart Holiday Deals event? Walmart Holiday Deals event starts online on Oct. 8 at noon for Walmart Plus members and on Oct. 9 at midnight for everyone else (in-store deals start at 6 a.m.). Who can shop during Walmart Holiday Deals? What deals can you expect during Walmart Holiday Deals?

Persons: you’re, TikTok Organizations: Walmart, Walmart Plus, Amazon Prime, Deal, NBC, Amazon, Facebook, Twitter

☆ Retail stocks typically beat the market after Fed cuts rates. Telsey gives top ways to play
▼ + stars: | 2024-09-23 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Fed rates not only set short-term borrowing costs for banks, but they also help determine mortgage, auto loan and credit card rates. According to the firm, shares of a few major discount retailers should outperform if middle-income consumers see higher levels of disposable income. Shares of Home Depot and Lowe's are up roughly 12.9% and 17.2% this year, respectively, as the prospect of lower interest rates boosts consumer sentiment. Tech products seller Best Buy could also get a boost from improved middle-income consumer sentiment, Telsey forecasts. If the rate-cutting cycle boosts sentiment among higher-end consumers, Telsey expects consumer retail names such as Williams-Sonoma and German sandal company Birkenstock to outperform.

Persons: Dana Telsey, Telsey Organizations: Federal Reserve, Fed, Walmart, Dollar, Holdings, Tech, Williams, LSEG Locations: U.S, Sonoma, German

☆ Here are the stocks that win when the Fed cuts rates with no recession
▼ + stars: | 2024-09-16 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Fed funds futures have fully priced in that the central bank will lower interest rates, according to CME's FedWatch tool . Many now expect the Fed will achieve the coveted "soft landing" outcome, which means inflation is curbed without tipping the economy into a recession. Rate cuts without a recession has historically been a positive mixture for stocks. Given this backdrop, CNBC Pro screened for names that have performed nicely in past periods where the Fed pulled rates lower without the U.S. economy tipping into a recession. To find these companies, CNBC Pro searched the S & P 500 for members with the highest median gain one year after the Fed has cut rates without an official recession.

Persons: Genuity, LSEG, Paul Lejuez, WMT Organizations: Reserve, CNBC Pro, Nike, Dow Jones Industrial, Intel, Boeing, Walmart, Dow, Citi, Wall Locations: U.S, Rochester , New York

☆ Walmart and Clorox are among the most overbought stocks on Wall Street. Here are some others
▼ + stars: | 2024-09-13 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +8 min

Retail giant Walmart is among this week's most overbought stocks, with an 14-day RSI reading of 81.7. The average price target on the Oakland, California-based stock is nearly 10% below the stock's current price, suggesting a pullback may lie ahead. Analysts estimate Halliburton and APA might rally nearly 60% each, while Occidental's price target is 38% above its current level. The average price target on the Oakland, California-based stock is nearly 10% below the stock's current price, suggesting a pullback may lie ahead. Analysts estimate Halliburton and APA might rally nearly 60% each, while Occidental's price target is 38% above its current level.

Persons: Clorox, Johnson, Let's, Gabby Jones, Cooper Organizations: Nasdaq, Dow Jones, CNBC Pro, Retail, Walmart, Consumer, Johnson, Energy, Halliburton, APA, . Occidental Petroleum, Occidental Petroleum, Pharmaceutical, Moderna, JPMorgan, Bloomberg, Getty, UDR UDR, Inc, Oracle Corp, CNBC, HAL Halliburton, APA APA Corp, Occidental Petroleum Corp, Walgreens, Body Locations: Arkansas, Oakland , California, Secaucus , New Jersey

☆ Dollar Tree shares plunge 22% after discounter cuts full-year forecast
▼ + stars: | 2024-09-04 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

A sign is posted in front of a Dollar Tree and Family Dollar store on March 13, 2024 in Rio Vista, California. Shares of Dollar Tree fell more than 22% on Wednesday after the discounter cut its full-year outlook, citing increasing pressures on middle-income and higher-income customers. Dollar Tree includes two store chains, its namesake, which sells a wide variety of lower-priced items like party supplies, and Family Dollar, which carries more food. At Dollar Tree, same-store sales increased by 1.3% and at Family Dollar, same-store sales fell by 0.1%. Dollar Tree bought Family Dollar for nearly $9 billion in 2015 and since then, it's struggled to strengthen the grocery-focused chain and better compete with Dollar General.

Persons: Jeff Davis, Todd Vasos, Davis, it's, —, Robert Hum Organizations: LSEG, Dollar, Walmart Locations: Rio Vista , California

☆ The two-day or less shipping Americans have come to expect faces a climate change threat
▼ + stars: | 2024-08-24 | by ( Michelle Castillo | ) www.cnbc.com time to read: +7 min

Customers have come to expect when they order something online, it arrives in two days or less. Many logistics companies have warned about shipping delays due to extreme weather. Freight solutions company Breakthrough, which focuses on sustainable transportation, conducted a survey of 500 shippers and carriers this year that revealed extreme weather was cited as the top transportation challenge. And rather than rely on large warehouses, it uses its stores as hubs, which helps it change delivery fulfillment quickly. In addition to closing warehouses in cases of extreme weather, Amazon is using algorithms to plan delivery worker routes.

Persons: Jenny Zanden, Donner, Parvez Musani, Musani Organizations: Sparks, Walmart, Amazon, Daily Locations: Panama, U.S, Sparks , Nevada, Sierra, Nevada , California, Oregon, New Jersey, California

☆ Shrink still a problem, but hard to measure how much is theft: Fmr. Walmart Dir. of Asset Protection
▼ + stars: | 2024-08-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShrink still a problem, but hard to measure how much is theft: Fmr. Walmart Dir. of Asset ProtectionCNBC’s Gabrielle Fonrouge with Elverston Consulting’s Brand Elverston, join 'Power Lunch' to discuss how retailers have handled shrink.

Persons: Gabrielle Fonrouge, Consulting’s Organizations: Walmart

☆ Bank of America's stocks to help you sleep at night after wild week
▼ + stars: | 2024-08-09 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Bank of America is offering up a selection of stocks to help investors sleep soundly during bouts of market volatility. The picks come on the heels of a roller-coaster week for Wall Street. Here are some of the companies that made the list: Several consumer staples stocks showed up, with the S & P 500 sector up more than 11% this year. PG 1M mountain Shares over the last month Lockheed Martin was another low-beta stock that made the cut. Shares of the aerospace and defense company have rallied more than 21%, outperforming the market year to date.

Persons: Stocks, Savita Subramanian, Gamble, Lockheed Martin Organizations: of America, Wall, Bank of America, Walmart, PepsiCo, Procter, Starbucks, Elliott Management, T Bank, Home Depot, Cisco Systems, Consolidated Edison, New Locations: U.S, China, New York

☆ Golden Opportunity to Boost Job, Labor Market: Raise the Minimum Wage
▼ + stars: | 2024-08-08 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

The federal minimum wage, which has been stuck at $7.25 an hour for 15 years. Given the situation, here's an idea: Why not raise the federal minimum wage right now? Getting anything done legislatively is always a challenge, especially in an election year, but polls indicate a higher minimum wage is broadly popular. AdvertisementOnce the minimum wage gets so high that it starts to cause a bunch of job loss, that's a problem. If a higher minimum wage lifts millions of people out of poverty, that's incredible.

Persons: it's, Yannet Lathrop, California's, It's, Jacob Vigdor, Vigdor, Justin Wiltshire, Michael Reich, David Neumark, shouldn't, we've, they've, Emily Stewart Organizations: Bureau of Labor Statistics, National Employment, New York Times, Congressional, University of Washington, University of Victoria, UC Berkeley's Center, Dynamics, University of California, Business Locations: Nebraska, Florida, Washington ,, Washington, West, Wisconsin, Iowa, Mississippi, South Carolina, Seattle, California, British Columbia, New York, Irvine, America, Wiltshire

☆ Walmart has the advantage for back-to-school — and that's really bad news for this retail stock
▼ + stars: | 2024-07-19 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +10 min

Walmart shares have outperformed the market. Analysts remain overwhelmingly bullish on the stock with more than 80% of analysts rating shares a buy or overweight, according to FactSet. Target shares reflect the strain of the competition. And if Walmart continues to win over wealthier customers, that's more bad news for Target. On Tuesday, KeyBanc Capital Markets analyst Bradley Thomas reiterated that Walmart remains one of his top stock ideas.

Persons: Lindsay Rosner, Piper Sandler, Peter Keith, Keith, Daniel Kurnos, Kurnos, FactSet, Alexis Deladerriere, JLL, Christopher Horvers, JPMorgan's Horvers, Cowen, Oliver Chen, Chen, hasn't, Bradley Thomas, Thomas Organizations: Walmart, Target, Goldman Sachs Asset Management, Analysts, Keith, P Retail, Amazon, Microsoft, Apple, Adobe Analytics, Adobe, Amazon's, Costco, Amazon Prime, Sam's, Paramount, KeyBanc Capital Locations: Wednesday's

☆ From Amazon to Dell, Corporate America's in-office crackdown is in full swing
▼ + stars: | 2024-07-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, Amazon wants to stop employees skirting in-office mandates by tracking their hours spent in the office . The big storyPunching the clockGetty Images; Jenny Chang-Rodriguez/BIAt Amazon, coffee is for closers people who spend at least 2 hours in the office. AdvertisementBusiness Insider's Eugene Kim has a report on Amazon monitoring the hours its corporate employees spend in the office . Amazon and its employees have been in an ongoing battle over its return-to-office mandate, which was first announced early last year. AdvertisementFor Amazon employees, the RTO mandates have been shrouded in mystery and confusion.

Persons: —, you've, Jenny Chang, Rodriguez, Eugene Kim, it's, Eugene, they've, Justin Sullivan, Getty, Dell, Polly Thompson, Lizzie Reed, Goldman Sachs, Mark McQueen, Elizabeth Reed, Donald Trump's, Fundstrat's Tom Lee, Russell, Deena So'Oteh, Greg Warnock, Warnock, Elon Musk, Tesla, Stephen Pasterino, Rachel Katzman's, Jennifer Aniston, Johnson, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Denver Airport, Business, Amazon, Foods, Dell, Computer, Workers, Goldman, Walmart, Treasury, Netflix, SpaceX, Lone Star State, Northeast, BI, Olympic, United Airlines, Johnson Locations: it's, Corporate America, Utah, California, Texas, Paris, Seine, New York, London

☆ Jim Cramer: Investors should start thinking about Walmart as an e-commerce company
▼ + stars: | 2024-07-10 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Walmart may be the first traditional retailer to truly transform into a booming e-commerce business, CNBC's Jim Cramer said Wednesday. "Walmart is no longer just a brick-and-mortar company," Cramer said on " Squawk on the Street ." "We're going to begin to think of this company as an e-commerce company." However, Cramer said Wednesday that Costco's e-commerce is not headed for the same kind of growth as Walmart's effort. COST YTD mountain Costco YTD Shares of Costco and Walmart have been breaking out, with both stocks ironically rallying roughly 33% year to year.

Persons: CNBC's Jim Cramer, Cramer, Piper Sandler, Piper, That's Organizations: Walmart, CNBC, Costco, Amazon Locations: U.S

☆ Stocks making the biggest moves premarket: Taiwan Semiconductor, Tesla, Carvana and more
▼ + stars: | 2024-07-10 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Though Goldman increased its price target, the investment bank remains neutral on Tesla, with the new price target implying about 5% downside from Tuesday's close of $262.33. Taiwan Semiconductor Manufacturing — Shares of the company, which makes semiconductor chips for AI giants including Nvidia and Apple, added 2%. Taiwan Semiconductor reported revenue from April-June this year of T$673.51 billion, as compared to the T$654.27 billion expected by analysts polled by LSEG, according to Reuters. 3M Company — Shares declined 1.2% after 3M announced its finance chief Monish Patolawala is leaving the company "to pursue another opportunity." The analyst's $77 price target implies a rise of 10.2% over the next 12 months.

Persons: Goldman Sachs, Tesla, Goldman, Monish Patolawala, Carvana, Needham, Jefferies, LegalZoom.com, Dan Wernikoff, LegalZoom, Lisa Han, Alex Harring, Spencer Kimball Organizations: Taiwan Semiconductor Manufacturing, Nvidia, Apple, Taiwan Semiconductor, LSEG, Reuters, 3M, Walmart —, Spotify Technology

And at some Chipotle locations, customers filmed workers to try to make sure they didn't skimp on their burrito bowls. The three joined a growing list of consumer brands contending with customers' deep frustration over high prices — and wariness that prices will only rise more. Walmart, on the other hand, said the new price tags will cut a tedious task from store workers' to-do lists. They eliminate the need for store workers to swap out traditional paper tags. Shoppers at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024.

Persons: Wendy's, Jean, Pierre Dubé, David Chavern, Donald Trump, Joe Biden, Kevin Lamarque, hasn't, Dianna Campbell, she's, Campbell isn't, Biden, skimping, Sen, Bob Casey, Andrea Foote, Tricia Moriarty, it's, Jim Cramer, CNBC's, Brian Niccol, Chipotle, We've, Wells, Zachary Fadem, Brandon Bell, It's, Kirk Tanner, Yuki Iwamura, Cristina Rodrigues, Gabby Jones Organizations: Walmart, University of Chicago Booth School of Business, Consumers, U.S . Bureau of Labor Statistics, Consumer Brands Association, Procter, Gamble, Pew Research, Pew, Reuters Shrinkflation, Federal Reserve, Customers, Gatorade, PepsiCo, CNBC, Chipotle, New York, Mexican Grill, Getty, American Farm Bureau Federation, Bloomberg, University of Chicago Locations: U.S, Goffstown , New Hampshire, Manhattan, New York City, Mexican, Austin , Texas, Queens, New York, Europe, Secaucus , New Jersey, US

☆ Amazon says Prime Day will run July 16 and 17
▼ + stars: | 2024-06-25 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

Amazon 's Prime Day megasale will return on July 16 and 17, the company announced Tuesday. Amazon launched Prime Day in 2015 as a way to offer discounts exclusively to members of its mainstay subscription program. The event is also a big revenue driver for other retailers, who often hold competing events during or around Prime Day. Walmart on Tuesday announced its own "Walmart Deals" event that runs July 8 through July 11. WATCH: Amazon Prime Video drives down ad prices for competitors

Persons: Amazon Organizations: Amazon, Walmart, Amazon's, Adobe Analytics Locations: New York, U.S

☆ What’s open and closed on Juneteenth 2024
▼ + stars: | 2024-06-19 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

Here’s what’s open and closed on Juneteenth 2024. TD Bank, which has remained open in previous years, will also be closed Wednesday. Schools and government agenciesFederal offices will be closed on Juneteenth. In 2023, at least 28 states recognized Juneteenth as a public holiday for which state workers received a paid day off, according to a Pew Research analysis. RetailersMost major retailers and grocery stores will be open on Juneteenth.

Persons: New York CNN —, Gordon Granger, Abraham Lincoln, —, Juneteenth, Here’s, CNN’s Harmeet Kaur Organizations: New, New York CNN, Black Americans, Union Army, Washington DC, Black American, United States Postal Service, UPS, FedEx, Nasdaq, New York Stock Exchange, Federal Reserve, Chase, Bank of America, TD Bank, Pew, Walmart, Target Locations: New York, United States, Galveston , Texas, Juneteenth

☆ Soaring fast food prices encourage Big Mac junkies to cook at home
▼ + stars: | 2024-06-15 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

Read previewAs fast-food prices continue to soar, Americans are looking for ways to get more bang for their buck. Like fast-food prices, grocery prices soared during the pandemic. But grocery prices are now largely back to pre-pandemic levels, while inflation at limited-service restaurants still remains elevated. When fast-food prices rise at a faster rate than grocery prices, consumers notice. He attributed this to the price increases at fast-food chains.

Persons: —, Chad Frye, Frye, Thomas Valentine, Jordan Sanchez, he's, Lawrence Milford's, Laxman Narasimhan, McDonald's, Danilo Gargiulo, Bernstein, John Furner, footfall —, Michael Siluk, Martin Jennings, Jennings, Brooks Ferrante, Ben Heyworth, it's Organizations: Service, Business, Walmart, Getty Locations: California, Arizona, Florida, Puerto Rican

☆ Wall Street doesn't understand where the consumer is, says Fmr. Walmart U.S. CEO Bill Simon
▼ + stars: | 2024-06-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWall Street doesn't understand where the consumer is, says Fmr. Walmart U.S. CEO Bill SimonBill Simon, Former Walmart U.S. CEO, joins 'Closing Bell Overtime' to talk sinking consumer sentiment and what it is signaling about the economy at large.

Persons: Bill Simon Bill Simon Organizations: Walmart U.S

☆ Jim Cramer says buy Southwest on activist push — and his thoughts on 2 tech stock downgrades
▼ + stars: | 2024-06-10 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. "Southwest Air is an underperformer for many, many years, but it does have a good balance sheet," Jim Cramer said. "I'm not so sure they're as high as people think," Cramer said. The CNBC Investing Club has long owned Nvidia , the dominant maker of AI chips. And yet if you look at the long term, Palo Alto has been very good," Cramer said.

Persons: Jim Cramer's, Elliott, Jim Cramer, Ben Reitzes, Cramer, you've, Morgan Stanley, Lisa Su's, GoDaddy, George Kurtz Organizations: CNBC, Club, Southwest Airlines, Elliott Management, Melius, Adobe, Devices, Nvidia, Walmart, JPMorgan, Costco, Investing Club, KKR, Palo Alto, Palo Alto Networks Locations: Texas, —, Palo Alto

☆ JPMorgan upgrades Walmart, says it's time to get defensive with consumer softening into the election
▼ + stars: | 2024-06-10 | by ( John Melloy | ) www.cnbc.com time to read: +1 min

The second half of this year is the perfect time for Walmart, according to JPMorgan. The firm upgraded Walmart to overweight from neutral and raised its price target to $81, which represents a 23% gain from Friday's close. Walmart also said it would hit the high-end of its full-year guidance as it won over more higher-income shoppers. JPMorgan said that, along with liking Walmart's individual merits, there was also a macroeconomic reason behind the call. JPMorgan said it was maintaining its 2024 EPS forecast of $2.57, which is above the $2.43 Wall Street consensus and raising its 2025 EPS estimate to $2.86.

Persons: Christopher Horvers Organizations: Walmart, JPMorgan Locations: Friday's

☆ Nvidia's 10-for-1 stock split takes effect soon. What it means for your investment
▼ + stars: | 2024-06-06 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Stock splits like Nvidia's don't matter, or do they? With its stock hovering around $1,200 a share, Nvidia's 10-for-1 split kicks in after Friday's market close. Clearly, employee compensation in the form of stock options becomes far more manageable. Options The impact of stock splits is clearly felt in the options market – whether that is good or bad, well, it depends on the investor. Bottom line Stock splits don't have any impact on a company's underlying business fundamentals — and, therefore, our determination on whether a company is investable.

Persons: Jim Cramer, Here's, there's, That's, Jim Cramer's, Jim Organizations: Walmart, Nvidia, Chipotle, CNBC Locations: Plenty

Oppenheimer raised its price target on Walmart to $75, reiterating its outperform rating on shares. Goodall's $70 price target implies 32.3% potential upside for the stock, which has advanced 28.2% this year already. His price target of $165, up from $145, implies upside of nearly 22% over the next 12 months. COF YTD mountain — Fred Imbert 5:42 a.m.: Oppenheimer hikes price target on Walmart, supports premium valuation for shares Walmart shares are still positioned for steady outperformance, according to Oppenheimer. Analyst Rupesh Parikh reiterated his outperform rating and lifted his price target by $6 to $75, which suggests shares could climb 11.8%.

Persons: Oppenheimer, Jefferies, Goldman, Didier Scemama, Scemama, — Pia Singh, Goldman Sachs, Toshiya Hari, Jensen Huang, Hari, James Goodall, Goodall, John Hecht, Hecht, Fred Imbert, Rupesh Parikh, Parikh Organizations: CNBC, Walmart, buildout Bank of America, Nvidia, United Airlines, Atlantic, Delta, United, Jefferies, Discover Financial Locations: North America, Taiwan, COF

☆ Craft cocktails, mountain bikes and art: Walmart's hometown is booming, and getting more expensive
▼ + stars: | 2024-06-06 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +13 min

— When Gil Curren's family moved into a run-down farmhouse in Walmart's hometown of Bentonville, Arkansas, in 1971, the now-retail giant wasn't yet a decade old. Craft cocktails, hipster coffee shops and chef-driven restaurants have popped up around the city. Realtor Kristen Boozman, who works for Sotheby's, helps clients search for homes in the Bentonville area, including many buyers who are relocating from another city. Home values have shot up in the Bentonville area. A Walmart spokeswoman said the Walton Family Foundation funds and advocates for affordable housing projects in the Bentonville area.

Persons: Gil Curren's, it's, Sue, Gil Curren, Melissa Repko, Hunt, Tyson, Shawn Baldwin, Sam Walton, Walton, Walton's, Steuart, Tom Walton, Sam Walton's, Alice Walton, Bridges, She's, Crystal Bridges, Kristen Boozman, There's, Donna Morris, Morris, Tracy Robinson, she's, CNBC Tracy Robinson, Robinson, Stanley, Matthew Cooper, Tom, Cooper, he's, district's, It's, Jeff Webster, Bentonville Shawn Baldwin Organizations: Cyclists, Kansas City, CNBC, Walmart, Craft, Fortune, Tyson Foods, PepsiCo, Hershey, Mattel, . Census, Cushman &, Sage Partners, of Commerce, Northwest Arkansas Council, D.C, Ropeswing Hospitality, Bentonville Schools, Excellerate Foundation, Walton Family Foundation, Walton Family, Bentonville Locations: BENTONVILLE, Ark, Walmart's, Bentonville , Arkansas, Bentonville, Kansas, Austin , Texas, New York, U.S, Silicon, It's, Arkansas, Cushman & Wakefield, American, Crystal, Austin, Boise , Idaho, Dallas, Fort Worth, Atlanta, Toronto, New York City, Miami, Washington, New York City , Washington, Bentonville's

☆ Walmart rolls out new training programs for skilled trades as it tries to fill high-demand roles
▼ + stars: | 2024-06-05 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

Walmart on Wednesday said it will offer new training programs and certifications to fill high-demand roles across its business, such as HVAC technicians, opticians and software engineers. The retail giant aims to retain market share gains, particularly in the grocery department, during a period of high inflation. Walmart also kicked off a $9 billion project to upgrade and modernize more than 1,400 of its stores, representing more than a quarter of the total Walmart stores across the country. The company's total annual compensation for the median employee was $27,642 in the most recent fiscal year, according to the company's 2024 proxy report. Those skilled trade jobs pay between $19 and $45 per hour, said Lo Stomski, the company's chief talent officer.

Persons: Lo Stomski, Stomski, it's Organizations: Walmart, U.S . Department of Health, Human Services, Target, Amazon, Workers Locations: Dallas, Fort Worth, Bentonville , Arkansas

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