Wholesale retailer Walmart (WMT) is set to report fourth-quarter earnings on Tuesday, February 20. The chain is expected to report less than $171 billion for the quarter. Yahoo Finance Retail Reporter Brooke DiPalma previews the key figures investors should watch ahead of the earnings report, also commenting on Walmart's reported talks to acquire TV maker Vizio (VZIO). For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Wholesale retailer Walmart (WMT) is set to report fourth-quarter earnings on Tuesday, February 20. The chain is expected to report less than $171 billion for the quarter. Yahoo Finance Retail Reporter Brooke DiPalma previews the key figures investors should watch ahead of the earnings report, also commenting on Walmart's reported talks to acquire TV maker Vizio (VZIO).
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.
The Wall Street Journal
With the earnings season almost over, here’s how results look so far, according to data compiled by FactSet. Almost 80% of companies in the S&P 500 have reported fourth-quarter results, with 75% reporting earnings above estimates. Companies are on pace to post 3.2% year-over-year earnings growth in the fourth quarter, based on a blend of reported and projected results.
Reuters
U.S. retailer Walmart Inc is expected to strike a cautious tone for 2024 when it reports results on Tuesday. Despite what was likely a bumper holiday season for Walmart, inflation continues to burden many Americans facing a high cost of living. Walmart is expected to post a roughly $11 billion rise in sales for the quarter spanning Nov. 1 to Jan. 31, or up 4%, according to LSEG estimates.
Bloomberg
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