BENTONVILLE, Ark. & WILMINGTON, Mass.--(BUSINESS WIRE)--Symbotic LLC, a revolutionary A.I.-powered supply chain technology company, and Walmart Inc. announced an expanded commercial agreement to ...

Warehouse automation company Symbotic is cutting 400 jobs from the Andover-based robotics unit of Walmart that it acquired in January. Wilmington-based Symbotic disclosed the layoffs, scheduled to ...

Symbotic achieves its first GAAP profit, signaling an inflection point with expanding margins and improved profitability.

Symbotic stock plummeted on Thursday after the warehouse robotics company announced a public offering of 10 million shares of common stock. Shares sank 15% to $62.38 because the sale will dilute the ...

Symbotic does not pay a dividend. The company has not paid a dividend since going public in June 2022, and it has yet to post a full year of profits. That means Symbotic didn't have positive cash ...