A Walmart store in Martinez, California, US, on Monday, Nov. 18, 2024. Walmart Inc. is scheduled to release earnings figures on November 19. David Paul Morris | Bloomberg | Getty Images Walmart‘s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect. “We never want to raise prices,” he said in an interview with CNBC on
Walmart (NYSE:) shares rose over 3% Tuesday after the retail giant hiked its annual earnings outlook and reported better-than-expected Q3 results. The third quarter adjusted earnings per share (EPS) came in at $0.58, topping consensus expectations of $0.53. Walmart’s revenue for the quarter rose to $169.6 billion, also above the $167.67 billion estimated by analysts. Comparable sales performance in the US, excluding fuel, was strong across segments. Total (EPA:) US
Investing.com – Walmart (NYSE: ) reported fourth quarter EPS of $0.58, $0.05 better than the analyst estimate of $0.53. Revenue for the quarter came in at $169.6B versus the consensus estimate of $167.67B. Guidance Walmart sees FY 2025 EPS of $2.42-$2.47 versus the analyst consensus of $2.45. Walmart’s stock price closed at $84.08. It is up 11.07% in the last 3 months and up 62.42% in the last 12 months.
Investing.com — In a recent note to clients, Morgan Stanley analysts delved into the competitive landscape among leading membership-based retailers, focusing on Walmart+, Amazon Prime, and Costco (NASDAQ:). According to the report, Walmart+ continues to make strides with a membership base nearing record levels, bolstered by strategic initiatives like its 50% discount on memberships for Black Friday. Citing its Consumer Pulse survey, Morgan Stanley notes that Walmart+ saw approximately 23.8
