Walmart Inc. (NYSE: WMT) is a people-led, tech-powered omnichannel retailer helping people save money and live better – anytime and anywhere – in stores, online, and through their mobile devices. Each week, approximately 240 million customers and members visit approximately 10,500 stores and numerous eCommerce websites in 19 countries. With fiscal year 2023 revenue of $611 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart, on X (formerly known as Twitter) at twitter.com/walmart, and on LinkedIn at linkedin.com/company/walmart.
Deutsche Bank analyst Krisztina Katai raised its price target on Walmart (NYSE:WMT) to $169 from $164 and maintained a buy rating on the stock. Although the company’s initial 2023 outlook fell short of buyers’ expectations, the analyst was encouraged by the fact that its outlook left more room for upside and down.
Deutsche Bank: Raised Walmart (NYSE:WMT) price target to $169 Maintain Buy rating Read Post »
Oppenheimer analyst Rupesh Parikh said the health of Walmart’s (NYSE:WMT) business looks stronger than the company expected, with larger grocery store share growth, healthy growth in other revenue streams and tighter controls on capital spending. The analyst believes that management’s 2-2.5% sales growth guidance for Walmart in the United States is conservative given its stronger expectations for food inflation, the potential for continued share growth, and the high-single-digit sales growth momentum until 2022. With standards reset and the company’s favorable fundamental view, the bank re-added Walmart to the list of best options after multiple quarters. He has an outperform rating on the stock with a $160 price target.
Oppenheimer: Gives Walmart (NYSE:WMT) an outperform rating with a $160 price target Read Post »
February 21, 2023 – Walmart(NYSE:WMT) reported revenue ,earnings in Fiscal Q4 2023 and 2023 full-year and provides outlook for Q1 and FY24. Walmart(NYSE:WMT) reported fiscal Q4 adjusted earnings of $1.71 per share and GAAP earnings of $2.32 per diluted share, Analysts polled by Capital IQ expected $1.51 in adjusted EPS and $1.52 in GAAP EPS. Revenue for the quarter ended Jan. 31 was $164.05 billion, Analysts surveyed by Capital IQ estimated $158.67 billion. For fiscal Q1, Walmart estimated $1.25 to $1.30 in adjusted EPS and sales growth of 4.5% to 5%. Analysts surveyed by Capital IQ expect earnings of $1.37 on revenue of $145.83 billion. For the full fiscal year, the company projected adjusted EPS of $5.90 to $6.05 and 2.5% to 3% in sales growth. Walmart said its board approved an annual cash dividend of $2.28 per share for fiscal 2024, up from $2.24 in the preceding year. Fourth-quarter
Walmart(NYSE:WMT) reported Q4 2023 revenue of $164.0 billion , up 7.3% Read Post »
Walmart(NYSE:WMT) Raises Quarterly Dividend From $0.56 To $0.57/Share.
Walmart(NYSE:WMT) Raises Quarterly Dividend From $0.56 To $0.57/Share Read Post »
Walmart(NYSE:WMT) reported fiscal Q4 adjusted earnings of $1.71 per share and GAAP earnings of $2.32 per diluted share, Analysts polled by Capital IQ expected $1.51 in adjusted EPS and $1.52 in GAAP EPS. Revenue for the quarter ended Jan. 31 was $164.05 billion, Analysts surveyed by Capital IQ estimated $158.67 billion. For fiscal Q1, Walmart estimated $1.25 to $1.30 in adjusted EPS and sales growth of 4.5% to 5%. Analysts surveyed by Capital IQ expect earnings of $1.37 on revenue of $145.83 billion. For the full fiscal year, the company projected adjusted EPS of $5.90 to $6.05 and 2.5% to 3% in sales growth. Walmart said its board approved an annual cash dividend of $2.28 per share for fiscal 2024, up from $2.24 in the preceding year.
Walmart (NYSE:WMT) Q4 2023 Earnings, Revenue Increase, Raises Annual Dividend Read Post »
Walmart (NYSE: WMT) stock price trend forecast and market analysis: 2022.12.29 From the stock chart analysis, the recent stock price has fallen from the high of $154 of the rebound, and the probability of short-term stock prices fluctuating above and below the 60-day moving average is very high. If the stock price falls below $135, it may start a new short-term downtrend, and it is recommended that the short-term transactions buy price be held above $135 or sell high and buy low. Medium-term holding has a lower chance of profit. The recommended short-term and medium-term stop loss price is $135. From Analysis from financial statements, Q3 2023 achieved revenue of $152.8 billion, YoY +8.7%, net income attributable to common shareholders -$1.798 billion, YoY-157.9%, EPS -$0.66. The company’s long-term holding value remains unchanged, and it is recommended to control the buying point at about $120 for long-term holding, and it is
Walmart (NYSE: WMT) Stock Price Trend Forecast and Market Analysis-2022.12.29 Read Post »