Latest news with #WalmartInc
Yahoo
3 days ago
- Business
- Yahoo
Walmart Inc. (WMT) Didn't Increase Prices, says Jim Cramer
We recently published . Walmart Inc. (NYSE:WMT) is one of the stocks Jim Cramer recently discussed. Shares of Walmart Inc. (NYSE:WMT) have remained a top Jim Cramer retail stock pick throughout 2025. The CNBC TV host has remained optimistic about the firm primarily due to its scale and the ability to drive prices low. He mentioned the latter in these remarks: 'Yeah and John David Rainey came over. Now John David, I've known him for many, many years. The CFO. And senior vice president. And I was concerned by the Walmart, their response about Amazon. Because Amazon, the Journal caught them raising prices. Now I'm trying to find out whether that's [inaudible] but he said Walmart has not. And I think Walmart is, Walmart and Costco are the two great inflation fighters now. And I think that it's, Walmart has a couple of, there was 200 million in shoppers. So, for them to hold down prices. . . and if we had an honest CPI, then you would have to question some of the prices that are up if they shop at Walmart. Because they didn't increase the prices. Copyright: defotoberg / 123RF Stock Photo 'Well CPI is all these different element of food. And you know, I think it matters where you shop. If you shop at Walmart. . .Then you know that things didn't go up. Look you're eyes are not lying. So anyway I think it's great to hear from John David Rainey that the largest chain that you buy food did not raise things. . . remember there's a Walmart every two minutes away from you. S i salute Walmart and I think that this is terrific.' While we acknowledge the potential of WMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-07-2025
- Business
- Yahoo
What to Expect From Walmart's Next Quarterly Earnings Report
Bentonville, Arkansas-based Walmart Inc. (WMT) runs supermarkets, warehouse clubs, cash and carry stores, and discount stores. With a market cap of $764.9 billion, Walmart operates through Walmart U.S., Walmart International, and Sam's Club segments. The retail giant is expected to announce its second-quarter results on Thursday, August 21. Ahead of the event, analysts expect Walmart to report a profit of $0.72 per share, up 7.5% from $0.67 per share reported in the year-ago quarter. Moreover, the company has consistently surpassed the Street's bottom-line estimates in each of the past four quarters. More News from Barchart Dear Microsoft Stock Fans, Mark Your Calendars for July 30 Dear QuantumScape Stock Fans, Mark Your Calendars for July 23 NVDA Broken Wing Butterfly Trade Targets A Profit Zone Between 150 and 160 Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the full fiscal 2026, Walmart's EPS is expected to come in at $2.60, up 3.6% from $2.51 reported in fiscal 2025. In fiscal 2026, its earnings are expected to further surge 11.5% year-over-year to $2.90 per share. Walmart's stock prices have soared 35.4% over the past 52 weeks, significantly outperforming the S&P 500 Index's ($SPX) 14.5% gains and the Consumer Staples Select Sector SPDR Fund's (XLP) 4.9% uptick during the same time frame. Despite reporting better-than-expected results, Walmart's stock price observed a marginal dip in the trading session following the release of its Q1 results on May 15. Driven by solid comparable sales growth, the company's total revenues for the quarter grew 2.5% year-over-year to $165.6 billion, surpassing the Street expectations. Further, its adjusted EPS inched up by a modest 1.7% year-over-year to $0.61, beating the consensus estimates by 7%. Following the initial decline, WMT stock prices gained nearly 2% in the subsequent trading session. Analysts remain optimistic about Walmart's prospects; the stock holds a consensus 'Strong Buy' rating overall. Of the 36 analysts covering the stock, opinions include 29 'Strong Buys,' six 'Moderate Buys,' and one 'Hold.' Its mean price target of $110.86 suggests a 15.9% upside potential from current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-07-2025
- Business
- Yahoo
Analyst Calls Walmart (WMT) the ‘Nvidia of Retail'
Walmart Inc (NYSE:WMT) is one of the . Scott Mushkin, founder and CEO of R5 Capital, called Walmart Inc (NYSE:WMT) the Nvidia of retail during a recent program on CNBC. The analyst said Walmart is one of his top picks. 'You know, that's our top pick. We had a buy on it for about three years, took it off for a couple months, and then have reestablished it as a buy. It's actually again our number one pick. Things are really changing at Walmart Inc (NYSE:WMT).' Mushkin, however, talked more about the broader retail industry instead of Walmart Inc (NYSE:WMT) and talked about reasons for being cautious: 'Tariffs are definitely a factor. But we look at all of discretionary items. Another, you know, good figure is you look at furniture. Since 1995, volume purchases of furniture up 250%. So we don't think consumerism is dead in the US. In fact, we think they're really trying to get more of the fruits of the economy down to the bottom 90%, and be much less dependent on a top 10%'s purchases or consumption of imported goods. But we do wonder where that money, if this is successful, ultimately gets spent, and we're cautious on discretionary generally speaking in the next 6 months. Again, I think that caution is still there even though the sector underperformed. You have very low population growth. You have tariffs coming on. So, you know, we remain very cautious on the industry. And then one other thing I would point out is competition — talked about Walmart, Amazon, Costco, the big three that are just consuming a lot of oxygen in the room.' Pixabay/Public Domain For fiscal 2026, Walmart expects earnings in the range of $2.50 to $2.60, which includes a $0.05 headwind from currency effects. At the midpoint, this implies just 1.59% year-over-year growth, down sharply from the 13.1% increase in FY2025. While we acknowledge the potential of WMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Bloomberg
16-07-2025
- Business
- Bloomberg
Walmart Eliminates Hundreds of Store-Support, Training Jobs
Walmart Inc. is cutting hundreds of store-support roles, its latest move to simplify structure at the world's largest retailer. The company is eliminating the market coordinator job that supports some managers, according to a memo viewed by Bloomberg News. Market coordinators are considered to be corporate positions. They assist market managers, who are responsible for supervising roughly a dozen store managers each.
Yahoo
12-07-2025
- Business
- Yahoo
Walmart (WMT) Recalls 850,000 Water Bottles Over Safety Risk
Walmart Inc. (NYSE:WMT) is one of the top e-commerce stocks with long-term potential. On July 10, Walmart announced a recall of 850,000 Ozark Trail water bottles due to a defect that can cause the lid to eject forcefully, leading to serious injuries. Pixabay/Public Domain The U.S. Consumer Product Safety Commission reported three incidents, including two cases of permanent vision loss from eye injuries after prolonged storage of food or beverages in the bottles. Walmart confirmed full cooperation with the CPSC and said the $15 stainless steel bottles would be pulled from shelves. The manufacturer will notify customers about the recall and ensure the product is removed from circulation. Walmart Inc. (NYSE:WMT) is a global retailer operating through Walmart U.S., Walmart International, and Sam's Club. Its reach spans physical stores—including supercenters and warehouse clubs—and a strong e-commerce presence via sites like Flipkart, and PhonePe. Walmart sells groceries, health products, home goods, electronics, apparel, and more, while also offering digital payments and financial services. With a mix of private-label brands and mobile commerce, Walmart continues to expand its role as a leading omni-channel retail and tech platform. While we acknowledge the potential of WMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 15 Successful Spin-Off Companies and Their 2025 Returns and 12 Best Consumer Goods Stocks Billionaires Are Quietly Buying. Disclosure: None. This article is originally published at Insider Monkey.
