Walmart Inc. (WMT)
| Market Cap | 521.27B |
| Revenue (ttm) | 648.13B |
| Net Income (ttm) | 15.51B |
| Shares Out | 8.06B |
| EPS (ttm) | 1.91 |
| PE Ratio | 33.85 |
| Forward PE | 28.36 |
| Dividend | $0.83 (1.28%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 23,074,405 |
| Open | 64.24 |
| Previous Close | 64.01 |
| Day's Range | 63.63 - 64.88 |
| 52-Week Range | 48.34 - 64.88 |
| Beta | 0.49 |
| Analysts | Strong Buy |
| Price Target | 68.75 (+6.34%) |
| Earnings Date | May 16, 2024 |
About WMT
Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications. The company offers groce... [Read more]
Financial Performance
In 2023, Walmart's revenue was $648.13 billion, an increase of 6.03% compared to the previous year's $611.29 billion. Earnings were $15.51 billion, an increase of 32.80%.
Financial StatementsAnalyst Forecast
According to 29 analysts, the average rating for WMT stock is "Strong Buy." The 12-month stock price forecast is $68.75, which is an increase of 6.34% from the latest price.
News
The Score: GameStop, Walmart, Reddit and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Will Walmart Keep Its Rich Customers? The Challenges That Lie Ahead.
Higher-income shoppers helped the retailer post another blockbuster quarter.
Walmart is finding its groove — and that should terrify Target
Walmart keeps posting strong earnings, driven in part by gains among higher-income shoppers. The retailer is investing in new stores, growing product selection, and e-commerce convenience.
Ex-Walmart US CEO Bill Simon Says Retailer Won't Keep Affluent Shoppers
Walmart shouldn't count on keeping the affluent customers it has recently gained, the retailer's former U.S. CEO Bill Simon said Thursday (May 16). Speaking on CNBC's Fast Money, Simon said that when ...
Walmart Opens High Tech Fulfillment Center in Greencastle, Pennsylvania
GREENCASTLE, Pa.--(BUSINESS WIRE)--Walmart associates were joined by local elected officials and community members today to celebrate the grand opening of a new 1.5 million square-foot fulfillment cen...
How Walmart Is ‘Firing On All Cylinders'
On Thursday, the retailer topped quarterly estimates for earnings, revenue, and same-store sales growth.
Walmart gains high-income shoppers as elevated prices persist
Walmart noted yet again that its continuing to gain even more higher-income shoppers. Executives say the driver isn't necessarily price but convenience.
Amazon, Walmart Aim to Retain Lower-Income Shoppers Amid Luxury Push
Amazon and Walmart may be setting their sights on high-income consumers, but as the two retail giants compete for shoppers' spending, they are working hard not to lose their lower-income customers in ...
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.
Affluent consumers are creating a ‘bubble' at Walmart, warns retailer's former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.
What Walmart's Q1 earnings are revealing about US consumers
Walmart (WMT) posted its first-quarter earnings report revealing revenue that beat expectations and showed a growth in its e-commerce arm. Comparable sales and transactions rose 3.8% in the US, while ...
Walmart CFO: Shoppers Replacing Fast Food With Groceries
Walmart's grocery business is reportedly benefiting from the high price of fast food. The retailer's chief financial officer, John David Rainey, told CNBC Thursday (May 16) that it's “roughly 4.3 time...
Walmart's boost from high-income shoppers is not good news for economy, says Fmr. Walmart U.S. CEO
Bill Simon, Former Walmart U.S. CEO, joins 'Fast Money' to talk economic trouble that may be lurking behind Walmart's positive numbers.
S&P 500 Gains and Losses Today: Walmart Stock Soars After Strong Earnings Report
Major U.S. equities indexes ticked lower on Thursday, retreating from the all-time highs they posted Wednesday.
Why Walmart is emerging as a consumer favorite: Analyst
As consumers grapple with the reality of rising costs, finding ways to maximize their budgets has become essential. LSEG Director of Consumer Research Jharonne Martis joins Wealth!
Walmart posts strong quarter thanks to higher income shoppers
Walmart's stock skyrocketed to a record high after solid quarterly results. Transcript: CONWAY GITTENS: I'm Conway Gittens reporting from the New York Stock Exchange.
Though Amazon Could Lead By 2026, Walmart Stock Has Upside
Walmart stock has enjoyed a great run since going public. But Amazon Amazon — despite growing more slowly than it has in the past — is likely to surpass Walmart Walmart in sales by 2026.
Stock Market Today: Dow Flirts With 40K After Walmart Earnings
The 30-stock index briefly traded above the 40,000 mark as blue chip retail stock Walmart surged after earnings.
Walmart's earnings beat helps push Dow past 40,000 mark
CNBC's Melissa Repko joins 'Power Lunch' to discuss Walmart's earnings beat and Dow push.
WMT's E-Commerce Growth & HD Outlook for Home Improvement
Walmart's (WMT) 1Q adjusted EPS came in at $0.60 versus an estimated $0.52 and its revenue came in at $161.51B versus an estimated $159.36B. James E. Demmert discusses the takeaways from Walmart's ear...
4 Key Takeaways From Walmart's Earnings Call
Company leadership spoke on Walmart's (WMT) earnings call Thursday after the retail giant delivered a substantial earnings beat for the first quarter of fiscal 2025.
Wealthier customer flock to Walmart to boost retailer's sales in strong Q1 earnings
“Historically, Walmart has not been able to keep them after recessions end, but maybe this time is different."
Walmart's strong forecast signals a resilient consumer
A positive forecast from retail bellwether Walmart on Thursday signaled a resilient U.S. shopper, in line with earlier remarks by one of its key suppliers and one of its retail rivals.
Walmart says more diners are buying its groceries as fast food gets pricey
The company's CFO said customers across incomes are looking for cheaper meals.
Walmart CFO: Shoppers still in stores, but wallets 'stretched'
Walmart (WMT) posted its first quarter report revealing a profit of $5.10 billion for the quarter and a 21% year-over-year growth in eCommerce sales. The company also posted its full-year guidance for...