Walmart just crushed Wall Street's earnings forecasts—Here's what four experts say to watch

  • 📰 CNBC
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Walmart's earnings and revenue topped Wall Street estimates last quarter as same-store sales increased by 9.3%. E-commerce sales nearly doubled. Here's what experts say investors should know about the retail sector going forward.

07:11As U.S.-China tensions mount, traders say these Chinese stocks still hold potentialTop market watcher warns recovery may be on verge of a setback.

07:11As U.S.-China tensions mount, traders say these Chinese stocks still hold potentialTop market watcher warns recovery may be on verge of a setback
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You couldn't buy TV at BestBuy , but u could at WMT? Furniture stores closed, but could buy bed/ table at WMT! because 'attached to food/drug store'? Oh, and it's all made overseas.

It is easy to have great comps when your competition has to close. Leave all malls and retailers open not just Walmart and Target. UNFAIR

Excellent economic indicator! This economy is roaring back thanks to realDonaldTrump! 🇺🇸📈🔥

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As stocks edge toward records, more Wall Street market strategists are getting on boardNew for subscribers: As stocks edge toward records, more Wall Street market strategists are getting on board Check out CNBCPro today. Pro Why do we have to protect the Wall Street bull statue from the public?
Source: CNBC - 🏆 12. / 72 Read more »

Dow futures inch higher as Wall Street investors search for fresh stock-market sparkU.S. stock-index futures hover near the flatline on Monday, with the S&P 500 index hanging around record territory but finding few reasons to trade higher...
Source: MarketWatch - 🏆 3. / 97 Read more »

Two of the most-hated stocks on Wall Street could be best recovery plays, traders sayShort traders are throwing cold water on hopes of a bump-free return to normalcy with consumer and travel stocks among those with the highest short interest. Two traders see opportunity in some of these unloved stocks. TradingNation Njah! Riding with Electrolux here. TradingNation Let's Walmart
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street kicks off big retail earnings week on high noteWall Street's main indexes opened higher on Monday as retailers prepared to wind down a better-than-feared quarterly earnings season, while the S&P 500 continued to hover just below record-high levels. Wall Street doesn’t represent Main Street. The problem with the US economy in a nutshell. ME AJUDEM A COBRIR O ROMBO NA XP E ITAU, FRUTO DA GRANDE ASSESSORIA E CONTROLE DE RISCO DA XP E DOS JUROS EXORBITANTES DO ITAÚ...DIVIDA APROXIMADA 87 MIL REAIS BANCO ITAU AG 0383 C/C 67738 - 2 LUIZ ALEXANDRE...HISTÓRICO NO MEU TWITTER Due to the termination of augmented U.I. benefits, those retail 'earnings', in the coming weeks, are sure to take a nose dive.
Source: Reuters - 🏆 2. / 97 Read more »