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Zacks News
Walmart Inc., which removed “Stores” from its name in 2018, has evolved from just being a traditional brick-and-mortar retailer into an omnichannel player. In this regard, acquisitions of Jet.com, Bonobos, Moosejaw and Parcel, partnership with JD.com and Lord and Taylor, and investment in online e-commerce platform Flipkart are noteworthy. These position the company to keep pace with the changing retail ecosystem and stay firm in the presence of rivals like Amazon and Target. Markedly, Walmart’s product offerings include almost everything from grocery to cosmetics, electronics to stationery, home furnishings to health and wellness products, and apparel to entertainment products, to name a few. The company operates as Walmart in the United States (its largest segment), including the 50 states, Washington D.C. and Puerto Rico. Its International segment (second largest) operated businesses in 26 countries as of Jan 31, 2019. Apart from United States, Walmart has operations in Argentina, Canada, Chile, China, India, Japan, Mexico, United Kingdom, Africa and Central America. The company operates in Mexico as Walmex, in the U.K. as Asda, in Japan as Seiyu, and in India as Best Price.
Costco (COST) Q3 Earnings Miss Estimates, Revenues Up Y/Y
by Zacks Equity Research
Costco (COST) witnesses decent comparable sales growth in third-quarter fiscal 2020. E-commerce sales during the period remain sturdy.
A Look at Retail ETFs Post Q1 Earnings
by Sweta Killa
A slew of earnings and revenue beat drove the retail ETFs higher from a one-month look.
Will E-Commerce Strength Benefit Costco's (COST) Q3 Earnings?
by Zacks Equity Research
Costco's (COST) third-quarter fiscal 2020 results are likely to reflect solid e-commerce sales, thanks to consumers' rising shift to online shopping amid the coronavirus-led lockdown.
3 Retail Stocks to Tap the Stay-At-Home Economy
by Manaswita Ghosh Dutta
New shopping trends that emerged during the lockdown could be here to stay despite the reopening of brick-and-mortar stores.
KR vs. WMT: Which Stock Should Value Investors Buy Now?
by Zacks Equity Research
KR vs. WMT: Which Stock Is the Better Value Option?
Buy Walmart Stock for Coronavirus E-Commerce Strength Despite Higher Costs?
by Benjamin Rains
Walmart's (WMT) e-commerce expansion paid off in a big way during the first quarter, as the coronavirus forced people to stay at home...
Buy Facebook (FB) Stock at New Highs for Coronavirus E-Commerce Push?
by Benjamin Rains
Facebook stock surged over 6% to hit brand new highs Wednesday, as Wall Street gushes over its latest e-commerce push.
Walmart Delights Investors: ETFs in Focus
by Sweta Killa
Walmart beat the estimates on both revenues and earnings, and set a record in online sales as millions of consumers stocked up on food and cleaning supplies.
Retail Stock Q1 Earnings Roster for May 21: BBY, ROST & TJX
by Rajani Lohia
Retail stocks' results are expected to reflect soft demand for non-essentials and discretionary items, offset by the increased stock-piling trend of essential goods, medicines and food in March.
Retailers Struggle to Survive Coronavirus, Online Sale Soars
by Zacks Equity Research
The retail industry players that managed their businesses well by leveraging technology amid this chaotic environment are likely to survive the unprecedented crisis.
Microsoft (MSFT)-FedEx Partner on Digital Overhaul of Commerce
by Zacks Equity Research
Microsoft (MSFT) and FedEx collaborate to deliver an enhanced commerce experience and aid businesses with shipment tracking and visibility into the supply chain.
Disappointing Housing Market Data
by Zacks Equity Research
Disappointing Housing Market Data.
Housing Starts/Building Permits a Glimmer of Hope; Plus WMT, HD
by Mark Vickery
Permits for April came in at 1.074 million, under the 1.35 million the previous month, but above the expected 996K.
Walmart (WMT) Q1 Earnings & Sales Top Estimates, Stock Gains
by Zacks Equity Research
Walmart's (WMT) first-quarter fiscal 2021 results reflect solid demand owing to the coronavirus-led stock hoarding. However, escalated costs related to the pandemic dent the operating income.
Vertex Pharmaceuticals, Align Technology, Walmart, Home Depot and Target highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Vertex Pharmaceuticals, Align Technology, Walmart, Home Depot and Target highlighted as Zacks Bull and Bear of the Day
Walmart (WMT) Surpasses Q1 Earnings and Revenue Estimates
by Zacks Equity Research
Walmart (WMT) delivered earnings and revenue surprises of 7.27% and 0.50%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?
4 Retails Stocks Likely to Top Estimates This Earnings Season
by Sumit Singh
Retailers dealing in food and other household products are likely to have benefited from consumers' panic buying owing to the coronavirus outbreak.
5 Spectacular Retail Earnings Charts
by Tracey Ryniec
With the coronavirus impacting retailers around the globe, now is the time to own the best.
Digital Sales to Play Key Role in Target's (TGT) Q1 Earnings
by Zacks Equity Research
Target's (TGT) first-quarter fiscal 2020 results are likely to reflect booming digital sales, thanks to consumers' rising shift to online shopping amid coronavirus.
Blue-Chip Retail Earnings on Deck: 3 Stocks to Keep an Eye On
by Tirthankar Chakraborty
We highlight three major upcoming retail earnings reports which might move markets.
Retail ETFs in Focus Ahead of Q1 Earnings
by Sweta Killa
Given the strong e-commerce trend, it is reasonable to be optimistic about earnings results from the traditional operators and their stock prices.
Walmart, Target, Home Depot, TJX Companies and Macy???s are part of Zacks Earnings Preview
by Zacks Equity Research
Walmart, Target, Home Depot, TJX Companies and Macy???s are part of Zacks Earnings Preview
Retail Sales Crash Again Amid Sharp Fall in Consumer Spending
by Sumit Singh
Store closures, supply-chain disruptions and lower traffic trends in the wake of the pandemic are hurting revenues of several industry players.
Stocks Take a Breather, but Good Weekend News Promises a Boost
by David Borun
Positive comments from the Fed Chairman and promising vaccine trial results provide a chance for a meaningful rally.
Is Clorox (CLX) Stock Still a Great Buy for the Eventual Coronavirus Recovery?
by Benjamin Rains
Clorox topped our quarterly earnings and revenue estimates on May 1, and the stock has jumped 12% since the end of April. Some investors might think the rally is overdone. But is Clorox still a great buy even near its new highs?