Walmart(US:WMT) ZACKS·2024-11-15 23:55Group 1 - Walmart shares have significantly outperformed the broader market, with a year-to-date increase of +60.6%, compared to the S&P 500 index (+25.1%), Amazon (+33.8%), and Target (+7.8%) [3] - The company is set to report quarterly results on November 19, with expectations of maintaining performance momentum after a strong previous quarter [2] - Walmart's value orientation and effective digital strategy have allowed it to gain grocery market share, particularly among higher-income households, while still catering to lower-income consumers [9][10] Group 2 - Walmart is expected to report earnings per share (EPS) of $0.53 on revenues of $167.6 billion, reflecting year-over-year increases of +3.9% and +4.2%, respectively [11] - The retail sector has seen a mixed performance, with 24 out of 34 S&P 500 retailers reporting Q3 results, showing a total earnings increase of +14.9% and revenue growth of +6.3% [14] - The overall earnings growth for the S&P 500 index is projected to be +7.7% for Q3, with a notable impact from the Energy sector dragging down growth rates [27][29]