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Stock impact report

Walmart earnings: CEO John Furner set for first earnings report with company market cap over $1 trillion [Yahoo! Finance Canada]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Walmart ( WMT ) is set to report earnings on Thursday morning, the first for its new CEO, John Furner, and a report that offers a readout of the key holiday shopping season after the company's market cap recently eclipsed $1 trillion for the first time. The retailer is expected to report adjusted earnings per share of $0.73, per Bloomberg consensus data. Revenue is expected to increase nearly 6% to $190 billion. Same-store sales for its US business are expected to grow 4.3%, driven by e-commerce strength, higher ticket sizes, and a slight uptick in foot traffic. E-commerce sales are expected to rise 19.8%, a moderation from the 28% growth seen in the third quarter. Its wholesale retailer, Sam's Club, is expected to report that same-store sales rose 4.4% in the quarter. Walmart stock is up more than 15% year to date. Walmart Inc. (WMT) Telsey Advisory Group's Joe Feldman said he expects the retailer to outperform the broader landscape in the fourth quarter, driven by share Show less Read more
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