Walmart logo is seen outside its store in Celinsgrove, Pennsylvania.
Paul Weaver | Lightrocket | Getty images
Wal-mart On Thursday, they will report their latest quarterly earnings before the bell, as the investors were soft retail sales in January or not.
As Walmart is the top grocery accessories in the US, investors often see it as consumer health barometer. The company will report the results of its holidays and expect it to forecast for the coming year. Its leaders can also preview how they look at the economic background in the US and weigh the possible impact of federal policy decisions such as tariffs.
According to a survey by Analysts by LSEG, what expects the Wall Street Big-Box Retailer’s Fiscal Fourth Quarter:
- earnings per share: 64 cents
- Income: $ 180.01 billion
Retail sales for January The installation of alarm bells for some investors was weaker than expected. The metric for the month fell 0.9%, which was for a decline of 0.2% from the estimate of Dow Jones.
The restaurant brands, including Burger King and Popes of the restaurant brands, also had weak trends in January, even though they said sales improved in the fourth quarter.
Nevertheless, those restaurants and some retail experts have blamed short -term factors for the drop, including winter storms, consumer takes a break after the holidays struggling with the holidays and the loss and disruption of the los angeles wildfires. .
According to the National Retail Federation, the holiday data became stronger in the retail industry, as the sales sold a total of $ 964.4 billion in the year -direct November and December. The trend reflected the return to the more specific pre-facilitated benefits. According to NRF data, the average sales during the holiday season were 3.6% from 2010 to 2019, but the Kovid -19 was shot during epidemic.
Some unique factors may work in favor of Walmart regardless of the economic background. The Big-Box Retailer has been climbed on online sale, which has double digits of double digits with 10 straight quarters. Its advertising business and third-party market are smaller than Amazon, but the segment has operated profit and high margin than Walmart’s retail trade.
In addition, Walmart has attracted more customers with high -income. Walmart CEO Doug McMillan stated in November that the third quarter had 75% of the market stake in homes with more than $ 100,000.
Some investors have increased expectations for Walmart. Shimon Gutman, a retail analyst for Morgan Stanley, on Tuesday extended the price target of Walmart to $ 153, which includes its advertising business and membership-based membership program Walmart+, pointing to the new and more profitable moneymakers of the retailer. .
After Wednesday’s closure, Walmart shares are around 83% in the last one year. So far this year, about 15% so far and during the same period, the shares have been closed at $ 104.00 on Wednesday, reducing the profit of S&P 500.