Walmart reports their fiscal Q3 '25 financial results before the opening bell on Tuesday, November 19th, 2024. Consensus estimates are for $167.7 billion in revenue for expected y-o-y growth of 4.3%, operating income $6.56 billion for expected y-o-y growth of 8.6%, and EPS $0.53 per share for expected y-o-y growth of 4%. While the stock needs a 10-15% pullback given its overbought status, the continued improvement in the operating margin at Walmart US will be a significant plus for shareholders.
S&P 500 earnings continue to be healthy. The revenue improvement isn't too shabby either. Nvidia reports after Wednesday night, November 20th's close, and the hype machine will be in full effect, with powerful expected earnings per share and revenue estimate revisions. Walmart is going to report their financial results on Tuesday morning, November 19th. What is driving or rather helping Walmart's margins and revenue growth in fiscal '25 is the “flywheel” effect of a growing advertising and data business.
Nvidia will report quarterly earnings on Wednesday. Plus, results from Walmart, Target, Snowflake, Deere, Lowe's, and more.
Earnings from Nvidia, Walmart and Target will command the coming week. Bitcoin is the wild card.
Walmart (WMT) is slated to report earnings before the market opens Tuesday for the third quarter of fiscal 2025, with analysts expecting improving sales as Walmart continues to expand its customer base across income levels.
Walmart WMT shares have been standout performers this year, handily outperforming not just the broader market indexes and peers like Target TGT but also the likes of Amazon AMZN and most of the Magnificent 7 group members.
Walmart and Target will report earnings next week, providing fresh insight into how consumers are faring shortly after retail data indicated that Americansa have been spending more on "fun" categories.
The October retail sales data shows the consumer is still going strong. The Census Bureau data shows retail sales rose 0.4% in October.
Scott Mushkin, CEO of R5 Capital, highlights strong retail spending, with Amazon, Walmart, and Costco leading the market. He favors Walmart for its margin potential and Amazon for AWS growth, while cautioning about challenges in hard-line retail due to rising interest rates and deflation.
Investors generally tend to think, at least subconsciously, that large, well-established companies — household names, to be more precise, don't go through rough periods. There's simply something surreal about the thought of, say, Coca-Cola (NYSE: KO) or Walmart (NYSE: WMT) struggling.
Besides Wall Street's top -and-bottom-line estimates for Walmart (WMT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended October 2024.
The Investment Committee discuss the latest Calls of the Day,