• Walmart U.S. Q3 comp sales1 grew 9.2%; 15.6% two-year stack; Comp transactions up 5.7%
• Q3 FY22 GAAP EPS of $1.11; Adjusted EPS2,3 of $1.45
• Company expects Walmart U.S. Q4 comp sales of around 5%; Raises EPS guidance for third consecutive quarter
• Walmart U.S. inventory up 11.5% ahead of holidays
details at: https://corporate.walmart.com/newsroom/2021/11/16/walmart-releases-q3-fy22-earnings
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While the rise of digital has led many publishers to reduce their print offering, Dennis Publishing has continued to invest. Kerin O’Connor, chief executive of The Week at Dennis, explains how it’s found success with a print version of The Week for children – and what it can teach the industry about the future of print…
Jon Watkins spoke to him ahead of the 41st FIPP World Congress, taking place from 9-11 October where Kerin will be among 100 speakers from around the world sharing insights on a variety of industry and related topics. Join the conversation at the Congress.
Tell us about the drivers behind the launch of The Week Junior – how much of it was that you’d seen an opportunity in the market and how much was it driven by the desire to help kids engage with issues?
So, the best place to start was by looking at the success we’d had with The Week. One of the things that we’ve done, particularly over the last 10 years, was to build a suite of products that are designed to help people in their lives by providing expert opinion. Through those, there are four things that we do. We inform, we advise, we indulge, and we distil content. Our audiences are clever people who appreciate expert opinion that allows them to make up their own minds. Click Read More below for more of the story.
The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) of price changes to take effect Jan. 21, 2018. The new prices, if approved, include a one cent increase in the price of a First-Class Mail Forever stamp from 49 cents to 50 cents. Postcard stamps and metered letters would also have a one cent increase. Today’s filing does not include any price change for single-piece letters being mailed to international destinations or for additional ounces for letters. The proposed prices would raise Mailing Services product prices approximately 1.9 percent, and most Shipping Services products will average a 3.9 percent price increase. While Mailing Services price increases are limited based on the Consumer Price Index (CPI), Shipping Services prices are adjusted strategically, according to market conditions and the need to maintain affordable services for customers. Click Read More below for additional detail.
The Postal Regulatory Commission will host a technical conference to consider a United Parcel Service (UPS) petition to change how the Postal Service determines incremental costs and how it accounts for peak-season costs in its periodic reports. WHAT: The Commission has scheduled a Video Technical Conference to assist in its review of the petition. WHO: UPS and the Postal Service will present material addressing current costing methodologies and potential improvements. WHEN: September 29 at 11:00 a.m. Interested parties who wish to participate must file a notice of intent to participate no later than September 14, 2020, as provided in Order No. 5586 — Notice and Order Establishing Docket to Obtain Information Regarding Proposed Changes to Cost Methodologies and Scheduling Technical Conference. WHERE: The Technical Conference will be broadcast via Webex. Additional information including a Webex link, a conference schedule, and procedures will be sent to those who sign up. A recording of the Webex in its entirety will also be available on the Commission’s website, www.prc.gov. https://www.prc.gov/press-releases/prc-hosts-technical-conference-consider-ups-petition-proposed-changes-usps-costing