Walmart will report holiday-quarter earnings before the bell — here's what to expect

The big-box retailer will likely share its outlook for the year ahead, too.

Investors and economists are eager for clues about the health of the American consumer, as inflation remains high.Customers exit a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 and $19 an hour.will report its holiday-quarter earnings on Tuesday morning, as investors and economists try to gauge the health of the American consumer.

Here's what analysts expect Walmart to report for the fiscal fourth quarter, according to Refinitiv consensus estimates:Walmart is expected to share its outlook for the year, too. It's likely to strike a more cautious tone. As families pay higher prices because of inflation, they are also spending again on commuting, dining out and other services. They are also following a period of pandemic-fueled spending.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Walmart, eBay earnings, Fed minutes and Russia’s Ukraine invasion first anniversary top week aheadThe Federal Reserve Open Market's Committee will publish its minutes this week. SCOTUS will hear two major cases that could change the internet forever. Yikes Damn.
La source: FoxBusiness - 🏆 458. / 53 Lire la suite »

New online superstore surpasses Amazon and Walmart to become most downloaded app in US | CNN BusinessA new online shopping platform linked to one of China's top retailers has quickly become the most downloaded app in the United States, surpassing Amazon and Walmart. Now it's looking to capitalize from an appearance on America's biggest stage. Huh, new to me... Competition is good Temu, selling you the crap b4 the $1 stores do
La source: ALNewsNetwork - 🏆 583. / 51 Lire la suite »