Walmart Analyst Calls Retail Stock A 'Beat-And-Raise Story'

Aug 14, 2024 · Walmart could beat earnings estimates and raise guidance, a rare occurrence in the retail sector of recent, Horvers said. "Defense and offense win championships," he added.

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Walmart Stock Pops After Earnings Beat, Retailer Surpasses $500 …

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May 16, 2024 · Walmart wowed Wall Street yet again, causing the stock to jump as much as 7% in early trading Thursday.For its fiscal 2025 Q1, America's biggest retailer posted revenue of …

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Walmart Earnings Growth Accelerates Amid These Q3 Highlights

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The Dow Jones retail stock has been riding well aloft the 50-day moving average since its Q2 beat-and-raise earnings gap-up in August. Among other retail stocks, Lowe's stock slipped 4.6%.

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Walmart Sales Beat Again And Outlook Raised, As Retailer Cites

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Looking ahead, the company raised its full-year 2024 guidance for adjusted earnings per share to $2.42 to $2.47 from $2.35 to $2.43, and for net sales growth to 4.8% to 5.1% from 3.75% to …

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Walmart Beats Sales, Raises Outlook As Higher-income Consumers …

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Aug 15, 2024 · Walmart reported another solid quarter as its business proved resilient against discerning consumers and sticky inflation.In Q2, revenue grew 4.8% to $169.34 billion, …

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Walmart Sales Beat Again And Outlook Raised, As Retailer Cites ...

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Nov 19, 2024 · Related: Walmart's stock is upgraded, and is one of four Dow members trading at a record International sales hiked up 8% to $30.3 billion, above the FactSet consensus of …

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Why Walmart Stock's A Buy After Its Beat-And-Raise Quarter

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Nov 19, 2024 · In the three months ended October 31, Walmart's revenue increased 5.5% year over year to $169.6 billion, including a 27% jump in global e-commerce sales. Its earnings per …

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Walmart (WMT) Beats Stock Market Upswing: What Investors …

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Oct 28, 2024 · The the stock of world's largest retailer has risen by 3.42% in the past month, leading the Retail-Wholesale sector's loss of 0.61% and the S&P 500's gain of 2%.

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Walmart (NYSE:WMT) Stock Price Expected To Rise, UBS Group …

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6 days ago · Read Our Latest Stock Analysis on WMT Walmart Price Performance. Best Buy's Dividend Is a Bargain With Double-Digit Upside ; NYSE:WMT traded down $0.62 during …

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Is Walmart Stock Going To $115? 1 Wall Street Analyst Thinks So.

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Dec 17, 2024 · In a case of a giant company getting even more massive, Walmart (WMT-0.50%) has been on quite a tear lately -- both in terms of its fundamentals and its share price. The …

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Walmart (NYSE:WMT) Stock Price Expected To Rise, Barclays …

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Jan 9, 2025 · Get Our Latest Stock Analysis on WMT Walmart Stock Performance. 3 Big-Box Stores Dividend Investors Can Count on in 2025; WMT stock traded up $0.84 during mid-day …

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Walmart Changed Its Strategy, And It's Working. Here's Why The …

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Nov 28, 2024 · The name Walmart (WMT 1.24%) doesn't usually conjure up images of upscale shopping, but the discount supermarket giant, which happens to be the largest company in the …

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FAQs about Walmart Analyst Calls Retail Stock A 'Beat-And-Raise Story' Coupon?

Why did Walmart's stock climb into record territory?

S hares of Walmart Inc. climbed into record territory in early Tuesday trading, after the retail giant extended its streak of earnings beats and raised its full-year outlook, citing strength in e-commerce and as in-store volumes grew. ...

How did Walmart's retail business perform compared to expectations?

Walmart’s membership-based warehouse business, Sam’s Club U.S., saw net sales rise 3.9% to $22.9 billion, in line with expectations. Comparable-store sales jumped 7% to exceed expectations of a 4.1% rise, the biggest beat in two years, as transactions were up 6.4% and the average ticket rose 0.5%. ...

How did Walmart perform in Q2?

Walmart (WMT) reported another solid quarter as its business proved resilient against discerning consumers and sticky inflation. In Q2, revenue grew 4.8% to $169.34 billion, compared to the $168.46 billion expected. Adjusted earnings also beat estimates at $0.67 per share, a 9.8% year-over-year increase. ...

Is Walmart stock still a 50-day moving average?

Walmart stock has been riding well aloft the 50-day moving average since its Q2 beat-and-raise earnings gap-up in August. Shares pegged a record high on Nov. 13 and have now pulled back to the 10-day line. But the relative strength line has moved sideways, near highs, over the past two months. ...

Why did Walmart increase its market share?

Additionally, market share increased, driven primarily by upper-income households. “U.S. customers remain resilient,” said Walmart CFO John David Rainey, during a conference call to discuss the results, noting that customer behavior has been “largely consistent over the last four to six quarters.” ...

Is Walmart stock a good buy?

Ahead of the report, several analysts raised price targets on Walmart stock, which is already sitting on a year-to-date gain of 60%. Several superstore retail stocks are near buy points. Outlook from the world's largest retailer will be key. Investors are closely watching the state of consumer financial health amid lingering inflation. ...