Key TakeawaysWalmart's shares hit a new record high following its earnings report yesterday, but Target's fell to their lowest point in a year following its results Wednesday.Target's sales and profits fell short of estimates, while Walmart's results surpassed expectations in the third quarter.Both retailers said lower prices and convenience features like curbside pickup and same-day delivery are driving sales, but those trends have seemed to benefit Walmart more in recent quarters. Target (TGT) shares sank ...

Before the opening bell yesterday, Walmart (WMT) reported robust third-quarter fiscal 2025 results, surpassing earnings and revenue estimates. The mega-retailer raised its guidance for the fiscal year for the third time this year, spreading bullishness about the company’s growth. This pushed WMT shares to a record high on elevated volume. Investors seeking to tap the opportune moment should consider ETFs having the highest allocation to the world's largest brick-and-mortar retailer. These include Consumer S ...

Key TakeawaysWalmart shares were slightly higher Wednesday morning after hitting a new record high yesterday following a strong earnings report from the retail giant.The stock formed a shooting star on Tuesday, a reversal candlestick pattern that appears after an extended uptrend. The pattern formed on the highest daily volume since late September, possibly indicating buying exhaustion.Investors should watch major support levels on Walmart's chart around $81, $71, and $61.A bars pattern projects a price tar ...

Key TakeawaysThe S&P 500 added 0.4% on Tuesday, Nov. 19, as investors digested a strong report from a major retailer and awaited more big-name earnings results.Super Micro Computer shares skyrocketed after the server maker filed a compliance plan to avoid delisting by the Nasdaq.Shares of Incyte tumbled as the pharma company discontinued the development of one drug and paused enrollment in another clinical trial. Major U.S. equities indexes were mixed on Tuesday. Concerns about escalating global tensions cl ...

Consumers in the United States have shown resilience while prioritizing speed and convenience, according to Walmart’s third-quarter earnings call Tuesday (Nov. 19).The retail giant reported a 5.5% increase in consolidated revenue for the third quarter of fiscal year 2025, reaching $169.6 billion — fueled by a 27% rise in global eCommerce sales and expanding delivery volumes.Chief Financial Officer John David Rainey said during the call that three factors improved the company’s eCommerce margins: delivery de ...

Walmart reported earnings and revenue that beat expectations as shoppers slammed by sticky inflation flocked to the discount chain to start their holiday shopping. In the three months ended Oct. 31, Walmart reported adjusted earnings per share of 58 cents, above expectations of 53 cents. The company posted revenue of $169.6 billion, above expectations of $167.7 billion and up from $160.8 billion in the year-ago period. The company said it now expects net sales will grow between 4.8% and 5.1% this year on in ...

JP Morgan analyst Christopher Horvers expressed views on Walmart Inc‘s WMT strong third-quarter FY25 results reported today.Walmart reported sales of $169.6 billion, beating estimates, with adjusted EPS of $0.58 and global eCommerce sales up 27%.The company raised FY25 guidance for adjusted EPS to $2.42-$2.47 and sales growth to 4.8%-5.1%, citing strong U.S. performance.The analyst writes that, similar to prior quarters, Walmart maintains a prudent forecast despite consistent outperformance.The analyst adds ...

Key TakeawaysHigh-income households are shopping more at Walmart, with its delivery services and membership programs helping drive the growth. CEO Douglas McMillon is optimistic the trend may last "a long time."Food sales grew rapidly, the company said, with many delivery and curbside pickup orders containing gluten-free products and grass-fed beef. Walmart keeps hoovering up high-income households. Walmart (WMT) took market share from food and general merchandisers because it’s pulling in so many big earne ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

| --- | --- | --- | |-----------------------------------------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Financial presentation to accompany management commentary | | | | FY25 Q3 | | | Guidance Consolidated Metric FY 2025 as of Nov. 19, 2024 FY 2025 as of Aug. 15, 2024 FY 2025 as of Feb. 20, 2024 Net sales (cc) Increase 4.8% to 5.1% Increase 3.75% to 4.75% Increase 3.0% to 4.0% Adj. operating income (cc) Increase 8.5% to 9.25% Increase 6.5% to 8.0% ...