Walmart Likes This Company's Technology So Much It Became a Shareholder

Revolutionary warehouse automation technology from Symbotic offers investors a unique long term growth opportunity.

Whether it be due to labor shortages, clogged ports, high fuel costs, or simply challenges in managing warehouse inventories, disruptions to global supply chains are an increasing source of consumer frustration. These disruptions are also costing U.S. companies billions of dollars. As a result, retailers around the world are scrambling to find more efficient ways of getting products onto their shelves.

In its first quarter 2022 earnings conference call, Walmart (WMT 0.04%) Chief Financial Officer Brett Biggs said "the first quarter was one of the most challenging periods yet related to supply chain disruptions, increased costs and persistently high inflation."