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Executive Perspective: Price gaps matter, and Walmart knows where to put its price gap to achieve profitable growth, says CEO C. Douglas McMillon when asked how aggressive the company needs to be on food pricing and private label in current environment

Wellness Pet Company launches Good Dog brand of all-natural treats, now available at Walmart; offerings include bite-size, grain-free Happy Puppy Treats, Training Rewards in chicken and venison or turkey, duck and immune system-supporting Tender Toppers

Walmart Q1 2023 Earnings Call - Transcript

Walmart's Q1 consolidated net income attributable to company falls 24.8% to US$2.05B from US$2.73B; total revenues up 2.4% to US$141.57B from US$138.31B as US segment rises 4.0%, Sam's Club up 17.5%, international segment falls 13%

Walmart, Amazon both report overstaffing issues that hurt profits in Q1, despite months of labor shortage in US; Walmart says it hired extra employees at end of 2021 to cover for staff out on COVID-19 leave, but Omicron cases declined early in Q1

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