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Stock impact report

Earnings from Walmart and Target Will Be Key Measures of U.S. Consumer Health [Yahoo! Finance]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: Yahoo! Finance
Walmart is slated to hold its earnings call Tuesday, followed by Target on Wednesday. New retail data shows spending picked up in October ahead of the holiday season. Walmart and Target will report earnings next week, providing fresh insight into how consumers are faring shortly after retail data indicated that Americansa have been spending more on "fun" categories. The chains are just two of the retailers set to deliver their latest quarterly results and, potentially, update their outlooks ahead of the holiday period. Walmart ( WMT ) and Target ( TGT ) together accounted for some $140 billion in U.S. sales in their latest quarters, and Wall Street expects them to collectively turn in more than $470 billion in holiday-quarter revenue, according to Visible Alpha estimates. The updates are due as analysts say fewer consumers have been holding back. October retail sales were up 0.4% from September, when core spending shot up at the fastest monthly rate since January 2023, Wells Show less Read more
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