Kohl's interim CEO Michael Bender is now officially the retailer's CEO. The company announced the change Monday (Nov. 24), nearly seven months after picking Bender to fill-in after the company fired former CEO Ashley Buchanan.
The sector has shown resilience in the short term and certain names could rally from here.
WMT lifts its FY26 sales outlook after Q3 strength, focusing on whether Q4 execution can meet its higher bar.
Now that Walmart Corp NYSE: WMT has reported a blowout quarter, investors' eyes are turning to Costco Wholesale Club Inc. NASDAQ: COST to see if it can break out of its year-long funk. Costco's earnings aren't scheduled until Dec.11, but the company does offer monthly sales reports that could hint at the stock's next move.
Earnings reports can swing fortunes overnight, and we saw a study in contrasts last week Nvidia ( NASDAQ:NVDA ) unveiled its third-quarter fiscal 2026 results last Wednesday after the market closed, posting record revenue of $57 billion — a 22% jump from the prior quarter and 62% year-over-year surge, fueled by unrelenting AI chip demand.
Walmart (WMT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
John Furner is being promoted to Walmart's global CEO after leading U.S. operations since 2019. He started his Walmart career as a summer intern.
Walmart's stock has markedly surpassed its competitors over the past year, but how does it compare with significant retail rivals such as Amazon and Costco? A closer examination shows robust profitability and consistent revenue growth, but its premium valuation and lagging growth compared to e-commerce giants like Amazon may limit future potential.
Amazon ( NASDAQ:AMZN ) is poised to surpass Walmart ( NYSE:WMT ) as the world's largest company by annual revenue this year.
It's a proverbial tale of two retailers: the best of times for Walmart, the worst of times for Target. Both companies are preparing for leadership changes at the top, yet Walmart's incoming CEO has wind at his back, while Target's successor faces daunting challenges.
Walmart's NYSE: WMT Q3 earnings results and guidance prove that it is on track, taking share from its major competitors like Target NYSE: TGT, and can sustain its share price uptrend. Among the critical details are its industry-leading growth and outperformance relative to Target's more tepid results.
Walmart jumps 6.5% after a strong Q3 and a raised fiscal 2026 outlook, with e-commerce, membership and advertising fueling momentum.