Back to top

Image: Bigstock

Wal-Mart Stores, Inc.

Read MoreHide Full Article

Walmart’s both earnings and revenues exceeded the Zacks Consensus Estimate in second-quarter fiscal 2018. The company has also raised the lower end of its fiscal 2018 earnings guidance. Notably, share price of Walmart has been outperforming the industry for the last six months. Encouragingly, the company is making efforts to boost sales and remains focused on building its e-Commerce capabilities and foraying into new markets through acquisitions. The company has posted positive comps at Walmart U.S. for 12 successive quarters. Further, the company’s acquisition of four e-Commerce businesses since the Jet.com acquisition is in line with its efforts to grow online activities. However, the company remains concerned due to currency headwinds, decline in international revenues, stiff competition from both brick and mortar and online retailers and huge investments in e-Commerce activities leading to margin pressure.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Walmart Inc. (WMT) - free report >>

Published in