Walmart to acquire Vizio for $2.3 billion, sales outlook, dividend lift shares

Walmart To Acquire Vizio For 23 Billion Sales Outlook Dividend.png

Walmart, forecast fiscal 2025 sales above Wall Street expectations on Tuesday and said it would buy smart TV maker Vizio (VZIO.N), for $2.3 billion. Shares in the U.S. retail giant rose 3 per cent in premarket trading after it also announced its biggest dividend increase in more than a decade. Walmart proposed to buy Vizio for … Read more