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News Breaks
July 30, 2014
08:53 EDTWMT, SODASodaStream sees sales trends for sodamakers remaining challenging in U.S. in 2H
Says U.S. going through a turnaround, says has "struggled" to drive consumer demand in the U.S. Says most retailers still carrying excess sodamaker inventory. Says "seasonal hotspots" in Walmart (WMT) stores contributed positively to Q2 results, but were not as impactful as planned. Says did not provide a compelling reason to buy a Sodastream in the U.S. in Q2. Says working on healthier ingredients in products, including natural sweeteners. Sees getting machine, consumables segments back on track. Sees FY gross margins similar to FY13's 51%. Says will take some time for initiatives to be implemented and take hold. Says 2H proving to be challenging for U.S., but sees "huge opportunity." Expects Americas to decline in the low teens range. Plans to expand workforce in Israel. Comments made on the Q2 earnings conference call.
News For SODA;WMT From The Last 14 Days
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February 4, 2016
06:14 EDTWMTWalmart sues Puerto Rico over tax increase, NY Times says
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February 3, 2016
20:02 EDTWMTWal-Mart to build own gas stations going forward, WSJ says
Wal-Mart (WMT) plans to build and operate its own gas stations going forward, though Murphy USA (MUSA) will continue the operate the 1,000-plus stations it has already built near Wal-Mart locations, reports the Wall Street Journal. A Wal-Mart spokesperson told the publication that, when building new stores, the company will add its own gas stations "to as many as possible." Reference Link
February 1, 2016
08:08 EDTWMTMoneyGram, Wal-Mart announce new three-year agreement
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January 29, 2016
06:51 EDTWMTJury says Wal-Mart must by pharmacist $31.22M in gender bias case, Reuters says
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