Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

WALMART INC.

(WMT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Walmart : Like Amazon, to Pay Holiday Bonuses to U.S. Workers -- Update

12/03/2020 | 10:24am EDT

By Sarah Nassauer

Walmart Inc. said it would pay another round of bonuses to U.S. workers as the retailer, like rival Amazon.com Inc., seeks to retain and reward staffers managing a surge in sales during the coronavirus pandemic.

Walmart said it would pay $300 cash bonuses to full-time workers and $150 bonuses to part-time associates in the U.S. on Dec. 24. Last week, Amazon.com said it would pay a round of cash bonuses to its employees.

It will be Walmart's fourth special cash bonus paid to U.S. staff since the start of the pandemic. The company said the Christmas Eve bonuses will cost $388 million. Walmart also paid $319 million in regular quarterly bonuses on Nov. 24, which the company has long paid employees based on store performance.

Walmart has reported strong sales and profit figures in recent quarters as shoppers flock to stores offering food, one-stop shopping and online-order pickup. Including typical quarterly bonuses, Walmart said it has paid more than $2.8 billion in cash bonuses this year.

The company said about 1.5 million workers will get the latest bonuses, including staff at Walmart stores and distribution centers and its Sam's Club warehouse chain. Drivers and assistant managers will also receive a special cash bonus, it said.

Like Amazon, Walmart has been adding staff this year to handle the increased business as big-box chains that have been able to stay open throughout the pandemic draw more shoppers to their stores and websites.

Write to Sarah Nassauer at sarah.nassauer@wsj.com

(END) Dow Jones Newswires

12-03-20 1023ET

Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. -0.41% 3476.29 Delayed Quote.6.72%
WALMART INC. 0.23% 145.55 Delayed Quote.0.61%
All news about WALMART INC.
04:51aBanks beware, outsiders are cracking the code for finance
RE
09/16FORD MOTOR : ARGO AI, AND WALMART TO LAUNCH AUTONOMOUS VEHICLE DELIVERY SERVICE ..
AQ
09/16GLOBAL MARKETS LIVE : Thales, Nestlé, Evergrande, AMC, Walmart...
09/16WALMART.ORG CENTER FOR RACIAL EQUITY : Advancing Equity in Criminal Justice
PU
09/16LITECOIN - WALMART : Bubble pop
09/16ELON MUSK : Stock Futures Waver Ahead of Retail Sales, Chinese Indexes Fall
DJ
09/15Wall Street rallies on crude price jump
RE
09/15WALMART INC. : Other Events, Financial Statements and Exhibits (form 8-K)
AQ
09/15Consumer Shares Gain, Led by Consumer Discretionary Stocks -- Consumer Roundu..
DJ
09/15Walmart Partners With Ford Motor, Argo AI to Launch Self-Driving Delivery Ser..
MT
More news
Analyst Recommendations on WALMART INC.
More recommendations
Financials (USD)
Sales 2022 559 B - -
Net income 2022 14 892 M - -
Net Debt 2022 30 602 M - -
P/E ratio 2022 27,3x
Yield 2022 1,52%
Capitalization 404 B 404 B -
EV / Sales 2022 0,78x
EV / Sales 2023 0,75x
Nbr of Employees 2 300 000
Free-Float 50,5%
Chart WALMART INC.
Duration : Period :
Walmart Inc. Technical Analysis Chart | WMT | US9311421039 | MarketScreener
Technical analysis trends WALMART INC.
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 37
Last Close Price 145,03 $
Average target price 167,77 $
Spread / Average Target 15,7%
EPS Revisions
Managers and Directors
C. Douglas McMillon President, Chief Executive Officer & Director
Brett M. Biggs Chief Financial Officer & Executive Vice President
Gregory B. Penner Non-Executive Chairman
Clay Johnson Enterprise Chief Information Officer & EVP
Jerry R. Geisler Chief Information Security Officer & Senior VP
Sector and Competitors
1st jan.Capi. (M$)
WALMART INC.0.61%404 416
SYSCO CORPORATION3.37%39 307
WOOLWORTHS GROUP LIMITED0.69%36 489
AHOLD DELHAIZE N.V.22.44%34 221
THE KROGER CO.28.68%30 407
TESCO PLC11.13%27 184