{"id":10260,"date":"2023-05-18T03:09:31","date_gmt":"2023-05-18T07:09:31","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/walmart-reports-earnings-today-what-to-expect\/"},"modified":"2023-05-18T03:09:32","modified_gmt":"2023-05-18T07:09:32","slug":"walmart-reports-earnings-today-what-to-expect","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=10260","title":{"rendered":"Walmart Reports Earnings Today. What to Expect."},"content":{"rendered":"
\n

\n Walmart
\n sells groceries, which everyone needs. But just because food is a must, does that mean the discount giant has a foot up on its competitors that sell, say, clothes and lamps?<\/p>\n

That\u2019s the question that the company will answer when it reports earnings ahead of Thursday\u2019s opening bell. <\/p>\n

\n

Analysts are looking for Walmart (ticker: WMT) to earn $1.32 a share in its fiscal first quarter, ahead of the company\u2019s guidance of $1.25 to $1.30 and the year-ago result of $1.30. Consensus estimates put revenue at $148.94 billion.<\/p>\n

Retail earnings season is off to a muted start. Target (TGT) delivered earnings that were better than expected, although the big-box company sounded a cautious note with its guidance. And off-price retailer
\n TJX
\n Cos. (TJX) also delivered a downbeat second-quarter forecast. Both stocks zigzagged on their results. <\/p>\n

The focus of Target and TJX is more on discretionary products like clothes, a category that has taken a hit as inflation forces shoppers to spend more on essentials like food. Even
\n Home Depot
\n (HD) noted weakness in discretionary sales when it reported results Tuesday.<\/p>\n

By contrast, Walmart excels at selling essentials, which is how it earned its reputation as a more defensive retailer.<\/p>\n

That said, the company hasn\u2019t been immune to shifting spending patterns. For example, it was caught flat-footed last year when shoppers rapidly stopped buying discretionary products like apparel and home goods. The turnabout forced management to sharply lower guidance.<\/p>\n

And Walmart sounded the alarm again in February. The company gave a weak forecast, which overshadowed its strong numbers, warning that its shoppers were feeling pinched. <\/p>\n

Now, Walmart\u2019s outlook probably will again be key to the stock. <\/p>\n

Expectations may be lower given Target\u2019s results, but investors will be keen for information about how Walmart\u2019s core lower-income shoppers are faring. <\/p>\n

If customers seem as if they\u2019re still laser focused on cutting expenses to the bone, investors may not be happy. <\/p>\n

Or the stock could gain if there are signs that Walmart is benefiting from more shoppers trading down and tiptoeing back into the discretionary aisles. <\/p>\n

Write to Teresa Rivas at teresa.rivas@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Walmart sells groceries, which everyone needs. But just because food is a must, does that mean the discount giant has a foot up on its competitors that sell, say, clothes and lamps? That\u2019s the question that the company will answer when it reports earnings ahead of Thursday\u2019s opening bell. Analysts are looking for Walmart (ticker: […]<\/p>\n","protected":false},"author":1,"featured_media":10261,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-10260","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nWalmart Reports Earnings Today. What to Expect. | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Walmart sells groceries, which everyone needs. But just because food is a must, does that mean the discount giant has a foot up on its competitors that\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=10260\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Walmart Reports Earnings Today. What to Expect. | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Walmart sells groceries, which everyone needs. But just because food is a must, does that mean the discount giant has a foot up on its competitors that\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=10260\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-18T07:09:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-18T07:09:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/1684393772_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=10260#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=10260\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Walmart Reports Earnings Today. What to Expect.\",\"datePublished\":\"2023-05-18T07:09:31+00:00\",\"dateModified\":\"2023-05-18T07:09:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=10260\"},\"wordCount\":366,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=10260#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=10260\",\"url\":\"https:\/\/ifintechworld.com\/?p=10260\",\"name\":\"Walmart Reports Earnings Today. What to Expect. | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-05-18T07:09:31+00:00\",\"dateModified\":\"2023-05-18T07:09:32+00:00\",\"description\":\"Walmart sells groceries, which everyone needs. But just because food is a must, does that mean the discount giant has a foot up on its competitors that\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=10260#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=10260\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=10260#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Walmart Reports Earnings Today. What to Expect.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Walmart Reports Earnings Today. What to Expect. | iFintechWorld","description":"Walmart sells groceries, which everyone needs. But just because food is a must, does that mean the discount giant has a foot up on its competitors that","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=10260","og_locale":"en_US","og_type":"article","og_title":"Walmart Reports Earnings Today. What to Expect. | iFintechWorld","og_description":"Walmart sells groceries, which everyone needs. But just because food is a must, does that mean the discount giant has a foot up on its competitors that","og_url":"https:\/\/ifintechworld.com\/?p=10260","og_site_name":"iFintechWorld","article_published_time":"2023-05-18T07:09:31+00:00","article_modified_time":"2023-05-18T07:09:32+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/1684393772_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=10260#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=10260"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Walmart Reports Earnings Today. What to Expect.","datePublished":"2023-05-18T07:09:31+00:00","dateModified":"2023-05-18T07:09:32+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=10260"},"wordCount":366,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=10260#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=10260","url":"https:\/\/ifintechworld.com\/?p=10260","name":"Walmart Reports Earnings Today. What to Expect. | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-05-18T07:09:31+00:00","dateModified":"2023-05-18T07:09:32+00:00","description":"Walmart sells groceries, which everyone needs. But just because food is a must, does that mean the discount giant has a foot up on its competitors that","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=10260#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=10260"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=10260#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Walmart Reports Earnings Today. What to Expect."}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/10260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10260"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/10260\/revisions"}],"predecessor-version":[{"id":10262,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/10260\/revisions\/10262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/10261"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}