Core Insights - Walmart's earnings report exceeded Wall Street expectations, highlighting its unique advantages in the advertising sector [1] - The company's global advertising business grew by 28% year-over-year, and e-commerce sales surpassed $100 billion for the first time [1] - Walmart announced the acquisition of TV maker Vizio for $2.3 billion to enhance its advertising capabilities [1] Advertising Strengths - Walmart's ability to connect digital advertisements to in-store transactions provides a competitive edge for advertisers [2] - The company emphasizes its capacity to measure advertisement success effectively, which differentiates it from competitors [2] Customer Retention and Convenience - Walmart's recent success is attributed to its ability to attract and retain customers across various income levels [2] - The company maintains competitive pricing despite inflation and offers multiple delivery services, including the Walmart+ subscription program [2]

NEW YORK, Feb. 20, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average (DJIA) and Dow Jones Transportation Average (DJTA) effective prior to the open of trading on Monday, February 26: Amazon.com Inc. (NASD:AMZN) will replace Walgreens Boots Alliance Inc. (NASD:WBA) in the Dow Jones Industrial Average. Reflecting the evolving nature of the American economy, this change will increase consumer retail exposure as well as other business areas in the DJ ...

Key TakeawaysAfter a positive quarterly report, Walmart is projecting stronger sales in 2024, as it aims to grow income through new lines of business.The company's acquisition of TV maker Vizio provides Walmart an opportunity to expand its fast-growing advertising segment. The retail giant is working to improve efficiency and sees profitability ahead for its online division.Artificial intelligence is helping the company improve inventory management and order fulfillment.Walmart (WMT) delivered better-than-e ...

Shares of Walmart (WMT 3.15%) were moving higher Tuesday morning after it impressed investors with its fiscal fourth-quarter 2024 earnings report. The world's largest retailer posted strong results that easily beat estimates, and also raised its dividend and announced a $2.3 billion acquisition of TV maker Vizio.As of 11:44 a.m. ET, the stock was up 3.4%. Walmart shines over the holidaysWalmart tends to outperform when times are tough and consumers are pinching pennies, and that pattern held true in its fis ...

Walmart Inc. (WMT) ended fiscal 2024 on a strong note, as the fourth-quarter top and bottom lines increased year over year and beat the Zacks Consensus Estimate. Revenues grew across all segments, and the company’s e-commerce sales surpassed $100 billion in the fiscal year. Walmart continued to gain from the strength of its omnichannel model.Quarter in DetailWalmart’s adjusted earnings of $1.80 per share increased 5.3% from the year-ago period’s figure of $1.71. The metric easily beat the Zacks Consensus Es ...

Key PointsWalmart had a solid quarter and gave favorable guidance for 2024. Capital returns will continue to flow and underpin the rally. Analysts are supportive and leading the market higher; however, waiting for the stock split before buying is a good idea. 5 stocks we like better than WalmartWalmart NYSE: WMT is in an uptrend and will likely continue. The Q4 results and guidance for 2024 underpin an expectation for capital returns and improving shareholder value for this retail stock. However, the upcomi ...

For the quarter ended January 2024, Walmart (WMT) reported revenue of $173.39 billion, up 5.7% over the same period last year. EPS came in at $1.80, compared to $1.71 in the year-ago quarter.The reported revenue represents a surprise of +1.61% over the Zacks Consensus Estimate of $170.64 billion. With the consensus EPS estimate being $1.65, the EPS surprise was +9.09%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...

ToplineShares of Walmart jumped Tuesday following the retail giant’s latest earnings report, sending Walmart’s stock to its highest level in its five-decade history as a public company and swelling the fortune of the wealthiest American family in the process.Walmart's strong earnings report made the Walton family far richer Tuesday.Corbis via Getty Images Key FactsWalmart stock rose almost 6% to more than $180 shortly after the market opened, heading toward its best daily percentage gain since Nov. 15, 2022 ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Walmart (WMT) came out with quarterly earnings of $1.80 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this world's largest retailer would post earnings of $1.53 per share when it actually produced earnings of $1.53, delivering no surprise.Over the last four quarters, the company ha ...