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Walmart Trades Higher After Q4 Earnings Beat
Tuesday, February 19, 2019 - 9:26am | 418Retail giant Walmart Inc (NYSE: WMT) reported fourth-quarter results, which sent shares higher by more than 3 percent during in the pre-market trading session. What Happened Walmart said it earned $1.41 per share in the fourth quarter on revenue of $138.8 billion, which came in better than the $1....
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Oppenheimer Downgrades Walmart, But Keeps Retailer 'On The Radar'
Friday, March 2, 2018 - 10:53am | 391Walmart Inc (NYSE: WMT)'s stock suffered its worst trading day since the late 1980s Feb. 20 in reaction to its fourth-quarter results, prompting Oppenheimer to drop its bullish stance. The Analyst Oppenheimer's Rupesh Parikh downgraded Walmart's stock rating from Outperform to...
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2 Of The Street's Top Retail Analysts Discuss Walmart's Disappointing Q4
Tuesday, February 20, 2018 - 2:02pm | 520Walmart Inc (NYSE: WMT) reported Tuesday mixed fourth quarter results, which may have caught some investors off guard given the stock's 10 percent sell-off. Investors and analysts will now be debating if the retail giant's momentum of outsized growth has come to an end or is its earnings...
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Google Wants To Help You Buy Stuff From Walmart
Wednesday, August 23, 2017 - 8:33am | 396Wal-Mart Stores Inc (NYSE: WMT) thinks that teaming up with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Google unit will encourage consumers to buy products on its online platform by encroaching on Amazon.com, Inc. (NASDAQ: AMZN) Walmart's customers will soon be able to buy products...
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Walmart Q2 Results Fall Just Short Of Its Most Bullish Expectations
Thursday, August 17, 2017 - 10:47am | 357Wal-Mart Stores Inc (NYSE: WMT) reported top- and bottom-line beats in its earnings report Thursday morning while U.S. comps grew for the twelfth consecutive quarter. Yet the stock lost around 2 percent — a move many investors don't fully understand. Oppenheimer's Rupesh Parikh explained why...
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Wal-Mart Reports Mixed Q3, Shares Fall 3%
Thursday, November 17, 2016 - 8:39am | 364Shares of Wal-Mart Stores, Inc. (NYSE: WMT) ticked lower by more than 3 percent early Thursday morning after the company reported third quarter results. Wal-Mart said it earned $0.98 per share in the quarter on revenue of $118.2 billion. Analysts were expecting the company to earn $0.96 per...