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Fly News Breaks for February 14, 2019
WMT
Feb 14, 2019 | 08:16 EDT
Following recent comments about price increases from a number of suppliers, Credit Suisse analyst Seth Sigman analyzed pricing trends in the Mass retail channel, confirming that prices are indeed on the rise in HPC and grocery categories. For Walmart, this could be an incremental benefit for comps, even with a modest volume loss, he contends. The analyst also notes that prices in the Mass Channel, while now increasing year over year, are still growing at a lower rate versus other channels, and Mass still seems to be gaining "unit" share.
News For WMT From the Last 2 Days
WMT
Mar 28, 2024 | 16:23 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WMT
Mar 28, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WMT
Mar 28, 2024 | 09:50 EDT
After Walmart (WMT) and Vizio (VZIO) pulled and refiled their notification under the Hart-Scott-Rodino Act Wednesday, Dealreporter told its readers that the move "may have investors wondering if this could become another Amazon (AMZN) and iRobot (IRBT) situation," contacts tell The Fly. While the M&A-focused publication said "there are traces of that same dynamic here," it added that "this pull-and-refile suggests this deal is on stronger footing than AMZN-IRBT," according to contacts. The news service sees "a genuine chance that this deal could get a prolonged look from regulators due to some of the similar dynamics at play compared to IRBT and AMZN," it reportedly said.