Group 1: Earnings Reports and Consumer Sentiment - Big-box retailers Walmart and Target are set to report earnings next week, providing insights into consumer health and sentiment as retail data shows increased spending in October ahead of the holiday season [1] - Walmart and Target together accounted for approximately $140 billion in U.S. sales in their latest quarters, with expectations of over $470 billion in holiday-quarter revenue according to Visible Alpha estimates [1] - Walmart serves around 255 million customers weekly, with a noted increase in high-income consumers utilizing its Walmart+ membership and delivery services [1] Group 2: Retail Sales Trends - October retail sales increased by 0.4% from September, with core spending rising at the fastest monthly rate since January 2023, indicating a potential momentum for retailers as the holiday season approaches [1][5] - Eight out of thirteen retail categories reported gains in spending, with consumers directing more funds towards electronics and discretionary items as price increases slow down [5] - The National Retail Federation noted that lower energy prices have contributed to healthier retail sales, despite ongoing inflation concerns [5] Group 3: Holiday Sales Forecast - Wells Fargo economists predict a 3.3% growth in holiday retail sales, excluding cars, gas, and restaurant bills, indicating consumers are in "pretty average shape" for the gift-giving season [6] - Despite robust overall spending, the pace of sales growth for included retailers is expected to be the slowest since before the pandemic [6]

Investors generally tend to think, at least subconsciously, that large, well-established companies — household names, to be more precise, don’t go through rough periods. There’s simply something surreal about the thought of, say, Coca-Cola (NYSE: KO) or Walmart (NYSE: WMT) struggling.But it does happen — case in point, entertainment bastion and treasured purveyor of childhood memories Disney (NYSE: DIS). Although it is hard to imagine, the House of Mouse has run into quite a few issues after hitting its all ...

Analysts on Wall Street project that Walmart (WMT) will announce quarterly earnings of $0.53 per share in its forthcoming report, representing an increase of 3.9% year over year. Revenues are projected to reach $167.55 billion, increasing 4.2% from the same quarter last year.The current level reflects a downward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections ov ...

BofA Securities analyst Robert F. Ohmes reiterated the Buy rating on Walmart Inc. WMT with a price forecast of $95.The company will report third-quarter fiscal 2025 earnings on Tuesday, November 19. The analyst expects $0.52 in adjusted EPS and a 3.5% increase in U.S. comps.The analyst projects potential upside for the quarter, as Bloomberg Second Measure credit and debit card data shows an acceleration in Walmart sales, contrasting with BofA and Street comp forecasts that suggest deceleration.The third-qua ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Walmart (WMT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on November 19, 2024, might help the stock move higher if these key numbers are better than exp ...

For Immediate ReleasesChicago, IL – November 12, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including The Home Depot Inc. (HD) , Walmart Inc. (WMT) and Target Corp. (TGT) . Here are highlights from Tuesday’s Analyst Blog:3 Retail Giants Poised to Beat on Earnings This MonthWe are in the last leg of the third- ...

Investors value Walmart (NYSE: WMT ) and Target (NYSE: TGT ), the first and third-largest companies in the Merchandise and Retail industry, for their size and relative stability. However, with high valuations and an uncertain consumer environment, it’sJoseph Jones, professor at The University of Southern Mississippi, has over fifteen years of experience studying the market. He focuses on portfolio construction from a dividend growth investor's perspective. The insights expressed in his research are solely h ...

Walmart (WMT) closed the latest trading day at $84.21, indicating a -0.73% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.1%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 0.06%. Shares of the world's largest retailer witnessed a gain of 5.91% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 5.33% and the S&P 500's gain of 4.37%. Investors will be e ...

Walmart (NYSE: WMT ) has been one of the most favoured businesses among retail investors, especially those oriented toward dividend income. I've recently noticed a relatively increased number of voices recommending selling Walmart. As I've been WMT's shareholder for years, I've decidedWelcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation ...