BMO Capital on Walmart (WMT): '3Q Beat, but Not Enough for High Expectations Today'

Roth/MKM on Walmart (WMT), 'Right Retailer For Uncertain Times'

Roth/MKM analyst Bill Kirk reiterated a Buy rating and $179.00 price target on Walmart (NYSE: WMT)

The analyst comments "Walmart is nearing an unprecedented inflection: advertising revenue is about to cross advertising expenses (FY'24 ROTH MKMe $3.6bn ad revenue vs. $4.3bn). This highlights the... More

BofA Positive on Walmart (WMT): 'We see cont'd gross margin expansion for WMT in F4Q'

BofA Securities analyst Robert Ohmes reiterated a Buy rating and $190.00 price target on Walmart (NYSE: WMT)

The analyst comments "We see cont'd gross margin expansion for WMT in F4Q as increasing contributions from higher-margin profit streams (digital advertising, 3P marketplace & fulfillment... More

Citi on Walmart (WMT): '3Q results were good'

Citi analyst Paul Lejuez reiterated a Buy rating and $180.00 price target on Walmart (NYSE: WMT).

The analyst comments "WMT 3Q results were good, but not as great as many were hoping for (expectations were high). EPS beat consensus by $0.03 but the... More

KeyBanc on Walmart (WMT): 'Strong Sales Results - Walmart U.S. and Sam’s Comps Beat'

KeyBanc analyst Bradley Thomas reiterated an Overweight rating and $177.00 price target on Walmart (NYSE: WMT)

The analyst comments "Walmart U.S. comps increased 4.9% y/y (or +13.1% on a twoyear stack), above the consensus of +3.4%. U.S. comps growth was driven by 1.5% growth in average ticket and 3.4% growth in transactions (accelerating sequentially from 2.9% in 2Q). Encouragingly, e-Commerce grew 24% y/y (or 40% on a two-year stack), led by strength in pickup & delivery.... More

Walmart (WMT) Defended at RBC Capital: 'LT investment thesis remains intact, so we think shares could be bought'

RBC Capital analyst Steven Shemesh reiterated an Outperform rating and $168.00 price target on Walmart (NYSE: WMT)

The analyst comments "WMT delivered against heightened comp expectations (WMT U.S. +4.9% vs. buyside ~4.5%), but missed on EPS ($1.53 vs. buyside ~$1.60 - we note this is still ~$0.01 ahead of Visible Alpha consensus). Gross margin... More

Goldman Sachs on Walmart (WMT): 'operating income growth acceleration seems delayed'

Goldman Sachs analyst Kate McShane reiterated a Buy rating and $182.00 price target on Walmart (NYSE: WMT)

The analyst comments "The stock is currently tracking down about -7% in the pre-market, likely due to the margin miss in 3Q while the acceleration in operating... More

Walmart (WMT) Defended at DA Davidson: 'we continue to like WMT'

DA Davidson analyst Katy Hallberg reiterated a Buy rating and $181.92 price target on Walmart (NYSE: WMT)

The analyst comments "Another solid quarter with a bit of a prudent outlook from Walmart. After being one of only two of the 14 Retailing / Broadlines & Hardlines names that we cover... More

Walmart, Alibaba, Cisco stock fall premarket; Macy's, Catalent rise

Investing.com -- U.S. futures inched lower Thursday, consolidating after recent gains and ahead of the release of a deluge of economic data and corporate earnings.

Here are some of the biggest premarket U.S. stock movers today:

Walmart (NYSE: WMT) stock... More

Walmart lifts full-year adjusted income per share forecast, but flags consumer spending pressures

(Updated - November 16, 2023 7:46 AM EST)

Investing.com -- Walmart (NYSE: WMT) has lifted its annual adjusted earnings guidance, although the retail giant retained some caution around the state of the U.S. consumer heading into the crucial holiday shopping season.

Walmart improved its outlook for full-year adjusted income per share to between $6.40 to $6.48, up from its prior range of... More

Walmart sounds a note of caution on consumers ahead of holidays, shares fall

By Siddharth Cavale and Aishwarya Venugopal

(Reuters) -Walmart on Thursday said U.S. consumers are acting more cautious with spending as the holiday season gets underway, even as the largest U.S. retailer raised its forecast for sales and profit for the year.

The company's shares fell 7.7% Thursday as executives said higher interest rates and dwindling household savings have made sales "somewhat uneven" over the past two months.

Walmart's bigger focus on groceries has provided a bulwark against the broad slowdown in discretionary spending with more than half of the company's merchandise comprising of food and other daily essentials.... More

Walmart (WMT) Tops Q3 EPS by 2c, Offers Guidance

Walmart (NYSE: WMT) reported Q3 EPS of $1.53, $0.02 better than the analyst estimate of $1.51. Revenue for the quarter came in at $160.8 billion versus the consensus estimate of $159.3 billion.

GUIDANCE:

Walmart sees FY2024 EPS of $6.40-$6.48, versus the consensus of $6.48.

For earnings history and earnings-related data on Walmart (WMT) click here.

Walmart to report, Biden-Xi meeting - what's moving markets

Investing.com -- U.S. stock futures inch broadly lower on Thursday after a positive session on Wall Street, while traders look ahead to retail chain Walmart's (NYSE: WMT) forecast for the holiday shopping season. Elsewhere, President Joe Biden and Chinese leader Xi Jinping agree to re-open military communications after a crucial face-to-face meeting, and the U.S. Senate approves a stop-gap spending bill that will almost certainly avert a looming partial government shutdown.

1. Futures point broadly lower

U.S. stock futures edged lower on Thursday, but... More

Walmart (WMT) call put ratio 2 calls to 1 put into quarter results

Walmart (NYSE: WMT) November 170 straddle is priced for a move of 4% into the expected release of quarter results today before the bell.

Stocks expected to have increasing option volume: WMT PANW CSCO BABA AMAT ROST HOOD

Stocks expected to have increasing option volume: WMT PANW CSCO BABA AMAT ROST HOOD

Retail earnings, Beazer Homes, Alibaba reports: 3 things to watch

Investing.com -- Stocks rallied on Wednesday after more inflation readings showing prices cooling faster than expected bolstered investor sentiment that the Federal Reserve could end its interest rate increases.

Cooler than expected readings on consumer and producer prices and better than expected retail sales lifted sentiment. Major retailers are also reporting this week, with Target and TJX (NYSE: TJX) beating expectations. Walmart and others will report starting tomorrow.... More

Walmart (WMT) call put ratio 2.9 calls to 1 put into quarter results

Walmart (NYSE: WMT) November call option implied volatility is at 58, December is at 19; compared to its 52-week range of 11 to 32 into expected release of quarter results on November 16. Call put ratio 2.9 calls to 1 put.

Dow futures rise; Target earnings, retail sales due

Investing.com -- U.S. stock futures edged higher Wednesday, as investors digested a cooler than expected inflation report ahead of the release of retail sales data and earnings from major retailers.

By 06:35 ET (11:35 GMT), the Dow Futures contract was up 100 points, or 0.3%, S&P 500 Futures traded 16 points, or 0.4%, higher and Nasdaq 100 Futures climbed 84 points, or 0.5%.

The main indices on Wall Street closed sharply higher Tuesday after data showed price growth in the world's largest economy had slowed by more than expected last month, boosting hopes that the Fed's unprecedented run of... More

Walmart (WMT) November 167.50 straddle into quarter results

Walmart (NYSE: WMT) November 167.50 straddle is priced for a move of 4% into the expected release of quarter results before the bell on November 16.

Stocks expected to have increasing option volume: WMT TGT TJX M PANW CSCO

Stocks expected to have increasing option volume: WMT TGT TJX M PANW CSCO

Walmart (WMT) call put ratio 1.1 calls to 1 put into quarter results

Walmart (NYSE: WMT) November call option implied volatility is at 45, December is at 19; compared to its 52-week range of 11 to 32 into expected release of quarter results on November 16. Call put ratio 1.1 calls to 1 put.

Walmart (WMT) PT Raised to $195 at Jefferies

Jefferies analyst Corey Tarlowe raised the price target on Walmart (NYSE: WMT) to $195.00 (from $190.00) while maintaining a Buy rating.... More

Walmart (WMT) November 167.50 straddle into quarter results

Walmart (NYSE: WMT) November 167.50 straddle is priced for a move of 4% into the expected release of quarter results before the bell on November 16.