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Stockreport

Why Walmart's CFO Says American Consumers Are More 'Resilient' Than It May Seem [Yahoo! Finance]

Walmart Inc. (WMT)  More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Key Takeaways Despite economic uncertainty and soaring gas prices, U.S. consumers continue to spend, according to Walmart's chief financial officer. Consumer confidence unexpectedly rose last month, though the outlook for later this year grew more pessimistic, according to a recent survey. How are shoppers doing after six weeks of war and the worst oil supply shock in history? Apparently, just fine. “The consumer continues to be very resilient,” Walmart ( WMT ) CFO John David Rainey said Wednesday at a JPMorgan conference. “I am probably more constructive on the consumer than what one would glean from reading the headlines,” said Rainey when asked how shoppers were responding to the war in Iran and climbing fuel prices Consumers increased their spending by 0.5% in February, a modest increase from January when harsh winter weather weighed on spending, according to data released today. But investors and economists have been concerned for the past six weeks that the war in Ira [Read more]
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Stockreport

Why Walmart's CFO Says American Consumers Are More 'Resilient' Than It May Seem [Yahoo! Finance]

Walmart Inc.  (WMT) 
More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Key Takeaways Despite economic uncertainty and soaring gas prices, U.S. consumers continue to spend, according to Walmart's chief financial officer. Consumer confidence unexpectedly rose last month, though the outlook for later this year grew more pessimistic, according to a recent survey. How are shoppers doing after six weeks of war and the worst oil supply shock in history? Apparently, just fine. “The consumer continues to be very resilient,” Walmart ( WMT ) CFO John David Rainey said Wednesday at a JPMorgan conference. “I am probably more constructive on the consumer than what one would glean from reading the headlines,” said Rainey when asked how shoppers were responding to the war in Iran and climbing fuel prices Consumers increased their spending by 0.5% in February, a modest increase from January when harsh winter weather weighed on spending, according to data released today. But investors and economists have been concerned for the past six weeks that the war in Ira [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WMT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS