- Reuters
Walmart to invest $700 million in Guatemala over 5 years
Walmart plans to invest some $700 million in Guatemala over the next five years, the company's Central America head said on Wednesday. The announcement by regional executive Cristina Ronski came during the groundbreaking of a new store in the Central American country. It comes days after the company said during the groundbreaking of a new distribution center in Costa Rica that it would invest around $600 million in that country over the next five years.
- Zacks
Where is Earnings Growth Coming From?
What we saw in the Q1 earnings season was a resilient and steadily improving profitability picture, both in terms of the growth rate and the evolving revisions trend. But which sectors had an outsized impact?
- Fortune
Walmart and Target earnings pull back the curtain on an America struggling with high inflation
“Many consumer pocketbooks are still stretched,” Walmart CFO John Rainey told analysts. “We see the effect of that in our business mix.”
