Recent years were marked by the unusually frequent phenomenon of a company underperforming expectations only to see its stock soar – with Tesla (NASDAQ: TSLA) being the most notable example – or beating forecasts and achieving strong results only for its shares to plummet.
Walmart Inc (NYSE:WMT) stock is 6.5% lower to trade at $97.27 at last glance, brushing off a fourth-quarter top- and bottom-line beat after blue-chip retailer also issued weaker-than-expected guidance for the fiscal year.
Walmart stock is down about 6% this morning after warning the inflationary pressures could weigh on its adjusted per-share earnings in 2025. Economists are concerned that Trump tariffs could trigger a trade war, which in turn will lead to a resurgence in inflation in the United States.
Walmart shares headed toward their worst day in more than a year Thursday, knocking off billions from the net worths of the retail giant's heirs, as the company issued a weaker forecast for 2025 than investors hoped — and the world's largest firm by revenue cautioned about the impact of President Donald Trump's tariffs on consumer prices.
Walmart shares dropped around 5% in premarket trading on Thursday after the retail giant projected slower profit growth for the upcoming fiscal year, despite continued sales momentum. Investors reacted negatively to the company's outlook, even as Walmart reported strong revenue gains and double-digit e-commerce growth.
All sectors in the SPX started the trading day lower, not helped by Walmart's (WMT) post-earnings selling action. Kevin Green still believes a $6,200 SPX is in the crosshairs as a resistance level.
CNBC's Courtney Reagan joins 'Squawk Box' to report on the company's quarterly earnings results.
Walmart's (WMT) latest earnings weren't enough to sway investors, as the stock sold off in premarket trading. However, Alex Coffey notes Walmart has long-term growth potential if it ramps up its A.I.
Walmart shares headed toward one of their worst days in recent history Thursday, as the company issued a weaker forecast for 2025 than investors hoped – and the world's largest company by revenue cautions about the impact of President Donald Trump's tariffs on consumer prices.
Walmart (WMT) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.60 per share a year ago.
Walmart turned in another strong quarter of growth in Q4. The holiday quarter was marked by comparable sales growth of 4.6%, above expectations. The continuing success of Walmart is in contrast to other pockets of retail, which have showed weakness in recent periods.
Walmart expects consumers to be generally ‘stable' this year, but pressure on its mix of products will continue.