UPDATE: Walmart (WMT) PT Raised to $155 at JPMorgan

Walmart (WMT) PT Raised to $157 at Stifel

Stifel analyst Mark Astrachan raised the price target on Walmart (NYSE: WMT) to $157.00 (from $149.00) while maintaining a Hold rating following strong earnings.

The analyst commented, "We lift F2023-F2024 EPS estimates for better-than-expected F3Q results, with U.S. comp sales and... More

Active options: WMT NFLX MSFT LAZR T AMC GOOG TSM NIO SHOP SNAP CCL

Active options: WMT NFLX MSFT LAZR T AMC GOOG TSM NIO SHOP SNAP CCL

Walmart (WMT) PT Raised to $150 at Truist Securities

Truist Securities analyst Scot Ciccarelli raised the price target on Walmart (NYSE: WMT) to $150.00 (from $134.00) while maintaining a Hold rating following earnings.

Walmart (WMT) stock gains on strong results, raised guidance, and $20 billion buybacks

Walmart (NYSE: WMT) stock is trading about 6% higher in pre-open Tuesday after the retailer reported better-than-expected results for its third quarter and raised the full-year forecast.

Walmart reported an EPS of $1.50 on revenue of $152.8 billion, easily beating the analyst consensus of $1.32 on sales of $147.55 billion. The companys U.S. business saw comparable sales surge by 8.2% while the Walmart-only U.S. comparable ticket increased by 6%.

The company... More

Walmart, Amazon, Netflix rise premarket; Home Depot, Harley-Davidson fall

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Tuesday, November 15th. Please refresh for updates.

Home Depot (NYSE: HD) stock fell 2% after the home improvement chain left its annual forecasts unchanged even as quarterly results topped... More

Walmart CFO - "We've Seen Incremental Levels Of Inflation Month-over-month Be Less Significant, But It's Not Clear If This Represents A Sustainable Trend" - Conf Call

Walmart CFO - "We've Seen Incremental Levels Of Inflation Month-over-month Be Less Significant, But It's Not Clear If This Represents A Sustainable Trend" - Conf Call

Amazon (AMZN), Target (TGT) Trade Higher in Sympathy with Walmart (WMT)

Amazon (NASDAQ: AMZN), Target (NYSE: TGT) Trade Higher in Sympathy with Walmart (NYSE: WMT)

Fed pivot, Walmart earnings, FTX bankruptcy - what's moving markets

By Geoffrey Smith 

Investing.com -- The Federal Reserve's vice-chair Lael Brainard reckons the Fed can start slowing its rate hikes "soon." U.S. producer price data for October and Walmart earnings may shed light on how soon that may be. China's industry and retail sales both weakened markedly in October, providing a fresh headwind to crude oil prices. Amazon is looking at mass layoffs to restore profitability, and the first substantial filing from FTX's bankruptcy says the collapsed crypto exchange may have up to 1 million creditors. Here's what you need to know in financial markets on Tuesday, 15th... More

Walmart (WMT) Announces $3.1B Nationwide Opioid Settlement Framework

Walmart announced today it has agreed to a $3.1 billion nationwide opioid settlement framework designed to resolve substantially all opioid lawsuits and potential lawsuits by state, local, and tribal governments, if all conditions are satisfied.

Walmart believes the settlement framework is in the best interest of all parties and will provide significant aid to communities across the country in the fight against the opioid crisis, with aid reaching state and local governments faster than any other nationwide opioid settlement to date, subject to satisfying all settlement requirements.

Walmart is proud of our pharmacists and our efforts to help... More

Walmart (WMT) Approves $20B Buyback Plan

Walmart (NYSE: WMT) announced:

Subsequent to the third quarter the Company approved a new $20 billion share repurchase authorization replacing its existing authorization, which had approximately $1.9 billion remaining at the end of Q3.

Walmart lifts annual forecast, announces $20 billion share buyback

By Siddharth Cavale and Uday Sampath Kumar

(Reuters) -Walmart Inc on Tuesday lifted its annual sales and profit forecast as demand for groceries holds up despite higher prices, while discounts on clothing and electronics helped it cut back excess inventories ahead of the busy holiday season.

The company also announced a new $20-billion share buyback plan, sending its shares as much as up 7% in morning trading to a six-month high of $148.40.

Its results boosted stocks of other major retailers, including Target Corp, Costco and Macy's Inc. Target reports results on Wednesday.

Amid persistent inflation, investors... More

Walmart (WMT) Tops Q3 EPS by 18c, Offers Guidance

(Updated - November 15, 2022 7:12 AM EST)

Walmart (NYSE: WMT) reported Q3 EPS of $1.50, $0.18 better than the analyst estimate of $1.32. Revenue for the quarter came in at $152.8 billion versus the consensus estimate of $147.55 billion.

Walmart (WMT) November 138 straddle priced for a move of 5.5% into quarter results

Walmart (NYSE: WMT) November 138 straddle priced for a move of 5.5% into the expected release of quarter results today before the bell.

Walmart (WMT) November option implied volatility at 60 into quarter results

Walmart (NYSE: WMT) November call option implied volatility is at 60, December is at 30; compared to its 52-week range of 16 to 34 into the expected release of quarter results before the bell on November 15.

Walmart, Target results will tell how gloomy holidays could get for retailers

By Aishwarya Venugopal and Uday Sampath Kumar

(Reuters) - Walmart and Target results this week are likely to show that major retailers are heading for a turbulent holiday season as rampant inflation has made everything from toothpaste to Christmas sweaters more expensive for shoppers.

Wall Street is betting the retail bellwethers will predict a season of profit-squeezing promotions and discounts as they seek to reduce stocks of clothing and electronics that have built up with consumers cutting back on discretionary spending.

"We have our expectations set really low, it's a difficult environment," said Bill Smead, chief... More

Dow futures fall 75 Pts; retail earnings in focus

By Peter Nurse

Investing.com -- U.S. stocks are seen opening lower Monday, handing back some of the previous weeks sharp gains, with the quarterly earnings focus turning towards the retail sector.

At 07:00 ET (12:00 GMT), the Dow Futures contract was down 75 points, or 0.2%, S&P 500 Futures traded 15 points, or 0.4%, lower, and Nasdaq 100 Futures dropped 80 points, or 0.7%.

The main stock indices posted hefty returns last week as softer than expected U.S. inflation data raised hopes that the Federal Reserve will turn less hawkish at its next meeting... More

Walmart (WMT) November 143 straddle priced for a move of 4.5% into quarter results

Walmart (NYSE: WMT) November 143 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on November 15.

Deutsche Bank sees further upside for discount retailers

In a note to clients Friday, Deutsche Bank analyst Krisztina Katai told investors that while retailers Walmart (NYSE: WMT), Target (NYSE: TGT), BJ's Wholesale Club (NYSE: BJ), and Dollar Tree (NASDAQ: DLTR) have enjoyed solid gains over the last three months, they see further upside... More

Walmart (WMT) November option implied volatility elevated into quarter results

Walmart (NYSE: WMT) November call option implied volatility is at 43, December is at 26; compared to its 52-week range of 16 to 34 into the expected release of quarter results before the bell on November 15.

Walmart (WMT) Mentioned Positive at Boutique

Walmart (NYSE: WMT) mentioned positively at a boutique, noting U.S. sales finished above consensus on accelerating ticket growth.

Walmart (WMT) PT Lowered to $161 at Deutsche Bank

Deutsche Bank analyst Paul Trussell lowered the price target on Walmart (NYSE: WMT) to $161.00 (from $162.00) while maintaining a Buy rating.... More