Walmart is set to report first-quarter earnings before the bell. Here's what to expect

Walmart has hired 200,000 additional employees to clean stores, stock shelves and fulfill online orders during the pandemic.

It's had higher expenses, though, too, including more than $935 million in bonuses for employees so far this year.Al Bello | Getty ImagesThe big-box retailer has kept stores open as an essential retailer during the Same-store sales are expected to be up 7.2% in the U.S., according to StreetAccount consensus estimates.

Walmart had a surge in sales in the early weeks of the pandemic as customers stockpiled groceries, hand sanitizer and toilet paper. Instead of going to stores, customers turned to online shopping, with many buying different kinds of items — such asThe big-box retailer is the largest private sector employer in the U.S. It initially, but later increased that to 200,000.

SEEING IS BELIEVING. Demand for home cleaning products looks to be stronger than replenishment. Shopped Poway Walmart 2-days ago for cleaning supplies only to spot empty shelves galore in aisles w/ 2-item limit per customer. Felt like I struck gold w/ 'out of place' item finds.

A V shape recovery is happening. The market is a fraud. It's being artificially held up by the Fed. When you see gold and the stock market going up at the same time there is a serious issue with the free market. Buy anything and it'll go up. trash

Supposed to be a strong one due to Covid19

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Home Depot sales jump 7% but higher coronavirus-related costs drag down earningsHome Depot has had a few advantages going into the pandemic compared to other retailers. Please make news on Nepal and India border issue that India is encroaching Nepal's land Their sales jumped but higher coronavirus related costs drag down earnings.
स्रोत: CNBC - 🏆 12. / 72 और पढो »

Madison Square Garden Entertainment Posts Grim Results in First Post-Coronavirus Earnings ReportEven though the coronavirus shutdown began just three weeks before the end of the quarter, Madison Square Garden Entertainment’s revenues dropped 20% to $199.9 million compared with last year, acco… I NEED MY REFUND BACK ON A TICKET! TheGarden
स्रोत: Variety - 🏆 108. / 63 और पढो »

Goldman highlights key earnings trends outlines stock market recovery - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »