Consumer staples stocks like Walmart (NYSE: WMT) and Procter & Gamble (NYSE: PG) are leaders in their respective industries, making them excellent stocks to consider if you're in the market for stable sales growth and rising dividend income, no matter which way the economy is headed. Walmart's comparable-store sales were up 8% in the core U.S. market last quarter, putting it well ahead of Target and roughly on pace with Costco Wholesale. P&G posted a 5% organic sales boost in the period that ended in late December and has been modestly outgrowing rival Kimberly-Clark over the past full year.
My misguided expectation was offset by the company's success in solving a problem that came to a head late in 2022.
BENTONVILLE, Ark., March 17, 2023--Walmart Inc. (NYSE: WMT) today announced that its Annual Shareholders’ Meeting will be held on Wednesday, May 31, 2023. The meeting will be held in a virtual-only format and will begin at 10:30 a.m. CDT. While shareholders will be able to attend the meeting online through a live audio webcast, there will not be a physical location for the annual meeting.