Reporting its first quarterly results since aiming to make its stock more affordable to retail investors and implementing a 3-1 stock split in February, many eyes will be on Walmart’s (WMT)  Q1 report on Thursday, May 16.Of course, Walmart’s report will give a glimpse into the current trend in consumer shopping behavior with earnings from fellow omnichannel retail giant Target (TGT)  due next week. That said, let’s see if now is a good time to buy Walmart’s stock as Q1 earnings approach.Q1 Expectations Base ...

People walk near the entrance to a Walmart Supercenter on February 20, 2024, in Hallandale Beach, Florida.Walmart is laying off hundreds of corporate workers across the country as it shutters several offices and relocates many employees to its Arkansas headquarters.The big-box retailer confirmed the layoffs and closures in a memo sent to employees Tuesday.In the memo, Chief People Officer Donna Morris said the majority of employees working remotely and in offices in Dallas, Atlanta and Toronto have been ask ...

Walmart is cutting hundreds of corporate jobs and asking most remote workers to relocate to three main tech offices or quit the company, a source familiar with the matter said Tuesday.Workers at the retail giant’s smaller offices in Dallas, Atlanta and Toronto are being asked to move to other central hubs such as Walmart’s corporate base in Bentonville, Ark., as well as Hoboken, NJ, or Sunnyvale, Calif., the source told Reuters. Walmart will close those smaller hubs later this year, the source added.On a “b ...

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The United States’ largest private sector employer is about to get smaller. Walmart (NYSE:WMT) stock is down today following news that massive job cuts are coming. The big box retailer has announced that it will be slashing hundreds of jobs, mostly on its corporate side. The Walmart layoffs aren’t the only part of this restructuring endeavor, though. On top of that, the company is asking its remote workers to return to the office for most of the work week. For some, this involves relocating to cities with W ...

With a chunk of the earnings season behind us, the spotlight remains on the retail sector. While major retailers are lined up for their quarterly releases this month, the focus currently lies on the omnichannel behemoth, Walmart Inc. (WMT) , which is all set to release first-quarter fiscal 2025 earnings results before the opening bell on May 16.We believe that it’s a good time for investors to assess both the potential advantages and risks linked to investing in this retail powerhouse. While Walmart shows p ...

Investors are always looking for stocks that are poised to beat at earnings season and Walmart Inc. (WMT) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Walmart is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator ...

Does Walmart still offer an attractive opportunity after decades of success?It's easy to feel regret when you don't buy a stock that's had a successful run. And Walmart (WMT) has certainly done well for investors over the years.But a company can't live in the past, and investors shouldn't take it for granted that its success will continue. Determining what path Walmart will take requires understanding the business and management's plans for future growth.With that, let's take a deeper dive into Walmart. Tim ...

As Walmart Inc. (NYSE:WMT) gears up to reveal its Q1 2025 earnings on May 16, 2024, investors are eagerly awaiting insights into the retail giant’s performance. Amidst a flurry of projections and expectations, analysts have painted a mixed picture for Walmart’s upcoming financials.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Forecasts suggest revenue of $158.0 billion, adjusted EBITDA of $9.56 billion, operating profit of $6.56 billion, and earning ...

Key TakeawaysWalmart shares move into focus Tuesday after a report the retailing giant plans to cut hundreds of corporate roles and requests most remote workers come back to offices.The retailer will also require staff working out of smaller offices in Dallas, Atlanta, and Toronto to relocate to the retailing giant’s other central locations, such as its headquarters in Bentonville, Ark., according to the report from The Wall Street Journal.Walmart shares may find support around $55.50 from both a horizontal ...