Walmart forced to pay 100 million for deceptive pay tactics [Yahoo! Finance]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
stock.walmart.com/investors/default.aspx
Company Research
Source: Yahoo! Finance
A federal settlement has placed Walmart's pay practices under scrutiny, with the retail giant agreeing to pay $100 million amid allegations that it misled workers about their expected earnings. At the center of the controversy are thousands of drivers in Walmart's Spark delivery program who claim they were shorted millions in promised base pay and tips. How were those earnings calculated, and how did the actual payouts compare to what drivers were led to expect? Read on to uncover the practices that sparked the lawsuit and why this case could prove far more significant than a typical wage dispute. Walmart faces accusations of underpaying Spark delivery drivers Walmart Inc. has reached a $100 million settlement with the Federal Trade Commission (FTC) following claims that the big-box retailer systematically deprived its delivery drivers of tens of millions in earned income. In a statement released Thursday, the commission detailed how the Bentonville, Arkansas-based company allege
Show less
Read more
Impact Snapshot
Event Time:
WMT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WMT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WMT alerts
High impacting Walmart Inc. news events
Weekly update
A roundup of the hottest topics
WMT
News
- Earnings To Watch: Target (TGT) Reports Q4 Results Tomorrow [Yahoo! Finance]Yahoo! Finance
- Inside Costco's plan to open more warehouse stores [Yahoo! Finance]Yahoo! Finance
- Does Walmart Have a Durable Competitive Advantage? [Yahoo! Finance]Yahoo! Finance
- Costco members saddened over discontinued items [Yahoo! Finance]Yahoo! Finance
- More Retail Earnings Ahead: A Closer Look [Yahoo! Finance]Yahoo! Finance
WMT
Earnings
- 2/19/26 - Beat
WMT
Sec Filings
- 2/27/26 - Form 4
- 2/27/26 - Form 4
- 2/27/26 - Form 144
- WMT's page on the SEC website