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.
Walmart is joining a stock exchange with a well-known tech focus as its digital sales skyrocket.
Shares of the world's most valuable company lost hold of their early gains after a blowout earnings report, while a big-box retailer soared after its latest quarterly results surpassed expectations.
Walmart is sliding into its Chilean shoppers' DMs—and it's working.
WMT lifts its FY26 outlook after Q3 revenues and earnings beat estimates, powered by rapid e-commerce growth and solid segment performance.
Major U.S. equities indexes turned lower Thursday afternoon, reversing early gains as a rally powered by Nvidia's (NVDA) blockbuster earnings after the bell Wednesday faded. The Dow Jones Industrial Average slid 0.7%, the S&P 500 dropped 0.9%, and tech-heavy Nasdaq fell 1.1%.
All signs pointed to the weak retail sentiment spilling over into Walmart's results, but the king of retail had other plans.
Walmart's third-quarter 2026 earnings results, released Thursday (Nov. 20), show that value remains the dominant force shaping consumer behavior, with shoppers increasingly using digital channels to find it.
Affluent customers are adding to drive Walmart's (WMT) growth, shown in the company's latest earnings. Marley Kayden highlights accelerating in-store sales and delivery numbers driving Walmart's balance sheet.