Core Insights - Walmart Inc. is launching its Walmart Deals summer savings event from July 8 to 13, focusing on back-to-school shopping with significant discounts across various categories [1][8] - The event includes major savings on essential items such as backpacks, laptops, and school supplies, appealing to families and teachers [1][4] Promotions and Offers - Customers can find substantial discounts both online and in-store, with notable deals like a 32-inch Samsung Smart Monitor for $199 (down from $299.99) and a Dyson V7 Cordless Vacuum for $229.99 (down from $399.99) [2] - Walmart+ members receive early access to deals starting July 7, enhancing customer loyalty and shopping convenience through various delivery options [3][4] Competitive Landscape - Target Corporation is also running a summer savings event, Target Circle Week, from July 6 to 12, offering discounts of up to 50% on school-related items [5] - Amazon.com is expanding its back-to-school strategy with a four-day Prime Day event from July 8 to 11, aiming to attract early shoppers with deep discounts [6] Financial Performance - Walmart's shares have increased by 44.3% over the past year, slightly outperforming the industry growth of 43.6% [7] - The company trades at a forward price-to-earnings ratio of 35.96X, which is above the industry average of 33.05X [10] Earnings Estimates - The Zacks Consensus Estimate for Walmart's fiscal 2026 earnings indicates a year-over-year growth of 3.6%, while fiscal 2027 earnings are expected to grow by 11.7% [11]
Is Walmart Set to Win Big as Back-to-School Shopping Starts Early?