Thread: Walmart - WMT

Walmart raises full-year guidance, as earnings beat on boost from grocery and online businesses

Walmart beat quarterly earnings and revenue expectations.

The big-box retailer also raised its full-year guidance.

Its grocery business helped to offset weaker sales of clothing and electronics.

https://www.cnbc.com/2023/05/18/walm...t-q1-2024.html

Walmart raises full-year earnings forecast as grocery, online growth fuel higher sales

Walmart lifted its outlook for the full fiscal year, after beating Wall Street’s expectations for sales and earnings.

E-commerce sales for Walmart U.S. jumped 24% year over year.

Chief Financial Officer John David Rainey said there was “modest improvement” of sales of big-ticket and discretionary items in the quarter.

https://www.cnbc.com/2023/08/17/walm...s-q2-2024.html

Walmart shares slide as retailer gives a cautious outlook about consumer spending

Walmart shares dropped as the company offered a cautious outlook on consumer spending.

The company beat fiscal third-quarter earnings and revenue estimates.

Revenue rose again on the strength of Walmart’s grocery and e-commerce businesses.

https://www.cnbc.com/2023/11/16/walm...-q3-2024-.html

Right back to where I unloaded all of mine in 2022 after holding it since 2010. It had become more volatile than I would have liked over the years. Got tired of waking up to a 5% drop because of a slightly disappointing earnings report, but that seems to be the norm nowadays with wider individual stock adoption.

This company will be just fine in the long run though as they continue to grow their online sales. I've gotten some great deals online at Walmart. Their shipping keeps improving as they use their stores as local warehouses.