Walmart's stock outlook was updated by analysts before earnings, with Palo Alto Networks also seeing a price target adjustment. Wall Street expects positive momentum in Walmart's Q1 earnings as the company forecasts sales and earnings to be at high end or slightly above target. Walmart's shares surged to a record high after beating earnings and boosting outlook, with the company lifting its fiscal 2025 sales and profit forecast. The retailer's strong performance was driven by share gains from high-income households and a jump in e-commerce sales, leading to a rally in shares.
$WMT: "Overall inflation level for the business was up about 40bps for the quarter. That's half the rate of increase that we saw last year. So we're driving this revenue growth through more units, more foot traffic in stores and feel really good about that in a the end of stores…
Walmart issues rosy outlook as bargain-hunting shoppers continue to spend https://t.co/OWqCUyF6lA
$WMT US CEO: Spending is consistent; high-end consumer growth remains strong. "In terms of the consumer, 'consistent' is the best word we would use to describe spending across income groups. We've had more growth,...among high-end consumers. That remains true"
$WMT US CEO: Delivery has surpassed pickup; "In terms of the consumer, "consistent" is the best word we would use to describe spending across income groups. We've had more growth, as we mentioned in the earlier remarks, among high-end consumers. That remains true"
$WMT (+6.1% pre) Walmart shares surge to record high after earnings beat and outlook boost - TheStreet https://t.co/ElTKn6BIdf
$WMT US CEO: "In terms of the consumer, 'consistent' is the best word we would use to describe spending across income groups. We've had more growth, as we mentioned in the earlier remarks, among high-end consumers. That remains true"
$WMT CEO on their Q1 FY 25 Results: "These are not inflation-driven results. In the U.S., like-for-like sales inflation was about 40 basis points for the quarter, including mid-single-digit deflation in general merchandise and low single-digit inflation in food and consumables" https://t.co/Fmcj8kmrUV
Walmart lifts full-year sales and profit forecast, shares rally https://t.co/eKuuc7eWo7 https://t.co/k5PTnCz2Fj
Walmart earnings beat as discounter wins over more high-income shoppers, e-commerce sales jump https://t.co/ylPsjwWusd
Beauty of Walmart Q was comp came entirely from transactions with ticket flat. Strong traffic = share gains. But you don't get 4% traffic boost if lower end demos are struggling - why $WMT CEO has spring in his step. Folks are picky but spending. $TGT $XLY $KR
Despite fears over low-end & for all the share gains in the world, hard to read this upbeat Walmart Q including raised guide so early in the year as sign of anything other than US consumer resilience. $WMT $HD $AMZN $TGT $V $MA $XLY $SPY https://t.co/KpvErqOKMO
Walmart shares surge to record high after earnings beat and outlook boost https://t.co/ErADoOKsjA
$WMT bid up 4.4% after earnings as higher income shoppers support sales growth An interesting contrast to the hiring freezes I've been hiring about. Perhaps they're focused on underperforming stores/regions for those. https://t.co/YjwEKSdwor
Walmart saw "Continued share gains led by higher income households" That's good because it sounds like more people are making prudent financial choice. ... or that's bad because that means even richer folks are going broke. https://t.co/68ZaAPBulv
Walmart lifts fiscal 2025 sales, profit forecast as it bets on easing inflation to further boost demand https://t.co/SDBO7J4YZk
⚠️ WALMART LIFTS FULL-YEAR SALES AND PROFIT FORECAST Full Story → https://t.co/Aqm82zI87Q U.S. retail giant Walmart raised its fiscal 2025 sales and profit forecast on Thursday, betting on easing inflation to further boost demand for essentials and bring a rebound in sales of… https://t.co/cE594UTi7m
$WMT US: "Sales reflected strength in transaction counts and unit volumes; like-for-like inflation slightly positive" https://t.co/sXoXZZg2NO
Walmart forecasts sales, earnings to be at high end or slightly above target https://t.co/1N6IXpheGo
Walmart earnings preview: Here’s what analysts expect from retail giant's Q1 print https://t.co/kTlBxlo06d https://t.co/X8kvUxLciE
Futures rise after CPI-powered rally, Walmart $WMT to report - what's moving markets https://t.co/HITEVmzyP2 https://t.co/g0fsI2jsVs
Walmart will report earnings before the bell. Here's what to expect https://t.co/G1ZNuh8Ken
Analysts retool Home Depot stock price targets after earnings https://t.co/QN7Wea8ncs
Walmart Q1 earnings preview: Wall Street expects positive momentum as consumers seek value https://t.co/jdLWsOUrbv by @BrookeDiPalma
Analyst reboots Palo Alto Network stock price target ahead of earnings https://t.co/DkXJSe7Iw2
Analysts update Walmart stock outlook before earnings https://t.co/FdxKHzncvv