Previous close | 0.0600 |
Open | 0.0600 |
Bid | 0.0200 |
Ask | 0.2500 |
Strike | 38.33 |
Expiry date | 2024-09-20 |
Day's range | 0.0600 - 0.0600 |
Contract range | N/A |
Volume | |
Open interest | 756 |
Walmart (WMT) will release its first quarter earnings on Thursday. Yahoo Finance's Brooke DiPalma breaks down earnings expectations and four key areas investors should watch closely. The retail giant is expected to report $159.5 billion in earnings and adjusted earnings per share of $0.53. US same-store sales are estimated to rise by 3.42%, boosted by increased foot traffic and ticket size. DiPalma says she will be watching to see if Walmart continues to hold on to the grocery share gains it made during the pandemic. She is also looking for insight on its new private label brand, Better Goods, which will come at a higher quality and price. Last year, Walmart announced $9 billion in store renovations, and DiPalma hopes to see how the updated stores are performing. Finally, she says she has her eyes on Walmart's e-commerce business as it seeks to compete with the likes of Amazon (AMZN). For more expert insight and the latest market action, click here to watch this full episode. This post was written by Melanie Riehl
The retail giant is expected to report strong numbers as Americans looks to stretch their dollars.
Yahoo Finance Hosts Julie Hyman and Josh Lipton break down what to watch on Thursday, May 16. New housing data is set to be released, including housing starts and building permits, which are both expected to rise. New mortgage rate figures are also expected Thursday afternoon. Major retailers, like Walmart (WMT) and Ross (ROST), are expected to report earnings, giving investors key insights into the state of consumer spending. Finally, the Richmond, New York, Cleveland, and Atlanta Federal Reserve Presidents and Fed Vice Chair for Supervision Michael Barr are all expected to speak. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl