Core Insights - Walmart shares increased by 3% to close at $117.97, following a notable trading volume, contrasting with a 1.9% loss over the past four weeks [1] - The company's growth is driven by accelerating e-commerce adoption, improved delivery capabilities, and market-share gains in core categories [2] - Walmart is projected to report quarterly earnings of $0.72 per share, reflecting a year-over-year increase of 9.1%, with expected revenues of $189.84 billion, up 5.1% from the previous year [3] Earnings Estimates and Market Position - The consensus EPS estimate for Walmart has remained stable over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [4] - Walmart holds a Zacks Rank of 3 (Hold), indicating a neutral outlook in the market [5] - In comparison, Kroger, a competitor in the same industry, also holds a Zacks Rank of 3 and has seen a 2.7% increase in its stock price [5][6]

"It's more than any supplier can absorb. And so I'm concerned that the consumer is going to start seeing higher prices. You'll begin to see that, likely towards the tail end of this month, and then certainly much more in June." Walmart also reported major growth in revenue from its membership programs, with global membership fee income up nearly 15%. The company doesn't disclose publicly how many Plus members it has, but it is estimated at more than 15 million, according to Barclays. CEO Doug McMillon gave ...