Walmart has been named Yahoo Finance's Company of the Year, driven by strong sales, record earnings, and significant stock growth. The retailer has invested heavily in AI, same-day delivery, and grocery pricing to stay competitive. Walmart's shares have surged over 80% year-to-date, outpacing the S&P 500 and Dow Jones Industrial Average. E-commerce sales climbed 27% in its latest quarter. CEO Doug McMillon credits risk-taking and tech investments for the company's transformation. Walmart continues to outshine rivals like Target, maintaining its leadership in the retail sector.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Walmart has been named Yahoo Finance's company of the year,
00:05driven by strong sales, record earnings and significant stock growth.
00:10The retailer has invested heavily in AI,
00:12same-day delivery and grocery pricing to stay competitive.
00:16Walmart shares have surged over 80% year-to-date,
00:19outpacing the S&P 500 and Dow Jones Industrial Average.
00:23E-commerce sales climbed over 27% in its latest quarter.
00:27CEO Doug McMillian credits risk-taking and tech investments for the company's transformation.
00:33Walmart continues to outshine rivals like Target,
00:36maintaining its leadership in the retail sector.