4 things to watch in Walmart's Q1 earnings

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Walmart News

Earnings Per Share,Brooke Dipalma,Quarter Earnings

Walmart (WMT) will release its first quarter earnings on Thursday. Yahoo Finance's Brooke DiPalma breaks down earnings expectations and four key areas...

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.

A U.S. Department of Justice investigation into TD Bank was focused on how Chinese drug traffickers and crime groups used Canada's second-largest lender to launder their money from fentanyl sales, the Wall Street Journal reported earlier this month. Five members of the finance committee requested to discuss recent revelations regarding TD Bank and allegations of failing to report money laundering related to trafficking of fentanyl, the House of Commons committee said on Tuesday.

Warren Buffett keeps building Berkshire Hathaway's cash pile because bargains are scarce and he seems worried about the world, Steve Hanke said.NEW YORK — Hopes that inflation is finally heading back in the right direction swept through Wall Street Wednesday and ignited a record-setting rally for U.S. stocks. The S&P 500 jumped 1.2% to top its prior high set a month and a half ago. The Nasdaq composite added 1.

Tesla—which never buys ads—is buying ads to promote Elon Musk’s record $52 billion pay deal days before key shareholder vote

 

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