• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Business News

Latest business breaking news from around the world

  • Home
  • Markets
  • Business
  • Investing
  • Tech
  • Politics

Cowboys vs 49ers

Walmart Q1 FY2023 Earnings Report Preview

May 16, 2022 by www.investopedia.com

Key Takeaways Analysts estimate adjusted EPS of $1.48 vs. $1.69 in Q1 FY 2022. U.S. comparable sales (excluding fuel sales) are expected to rise YOY, but at less than half the pace of the same quarter a year ago. Revenue is expected to barely increase for the second straight quarter as the boost from the pandemic continues to wear off. Walmart Inc. ( WMT ), one of the world's biggest retailers, enjoyed unusually strong earnings and revenue growth during the past two years. The key driver was consumers who changed their buying patterns in several ways during the pandemic. Walmart's e-commerce sales soared as people sheltering at home boosted their shopping online. And consumers also spent more on manufactured goods as they spent less on dining out and traveling. But these pandemic-related forces are beginning to lose momentum. As a result, Walmart's growth has begun to slow sharply. Investors will be watching whether Walmart can reverse its slowdown in growth when … [Read more...] about Walmart Q1 FY2023 Earnings Report Preview

Filed Under: Earnings Reports and News mhld earnings report, q1 2019 earnings, q1 2019 earnings season, q1 2019 earnings release, q1 2019 earnings paypal, q1 2019 earnings calendar, q1 2019 earnings growth, llnw earnings report date, mohawk q1 2019 earnings, tesla q1 2019 earnings, snap q1 2019 earnings, pfizer q1 2019 earnings, gilead q1 2019 earnings, gilead q1 2018 earnings, lilly q1 2019 earnings, jpmorgan q1 2019 earnings, citi q1 2019 earnings, paycom q1 2019 earnings, alphabet q1 2019 earnings, nio q1 2019 earnings

Primary Sidebar

RSS Recent Stories

  • Malaysia’s energy savings in 2021 totalled RM48.34 mil
  • Wall St climbs on gains in banks, strong retail sales data
  • Thailand lowers GDP outlook on Ukraine war, China slowdown
  • SPAN signs MoU with 12 water operators for crisis options
  • Malaysia, Thailand agree to set up joint special committee to discuss HSR project
  • Pontian MCA division chief suspended for five years
  • Analysts cut Mr DIY target price despite expectation of better quarters ahead
  • Bung Moktar and wife corruption case: Prosecution closes case, oral submissions on June 24
  • PetChem, Dialog, Duopharma, Yong Tai, Caely, DNeX, Reservoir Link, Borneo Oil, Chin Hin and SCIB
  • Uber bolsters platform for post-pandemic life

Sponsored Links

Copyright © 2022 Business News. Power by Wordpress.
Home - About Us - Contact Us - Disclaimers - DMCA - Privacy Policy - Submit your story