It was a good day for Walmart on Wall Street. The planet’s largest retailer by sales crushed their way through Q2, with bigger than expected gains in revenue, earnings, same-store sales and eCommerce sales than analysts were predicting before the numbers hit the wires. All-in...
Investors aren’t an easy bunch to please these days, especially investors with retail holdings who’ve had a rough go of things lately. Case in point: Walmart beat on earnings and revenue, saw same-store sales grow and online sales explode. And yet, at the same time...
August 18, 2017
Investors aren’t an easy bunch to please these days, especially investors with retail holdings who’ve had a rough go of things lately. Case in point: Walmart beat on earnings and revenue, saw same-store sales grow and online sales explode. And yet, at the same time that news broke, Walmart’s stock price promptly dropped 2.5 percent […]
July 03, 2023
Walmart stock climbed to a 52-week high Monday (July 3) due in part to the company’s tech investments. Analysts have said that the investments the retail giant made in tech during the pandemic are starting to pay off and are expected to continue doing so, Seeking Alpha reported Monday (July 3). The technologies mentioned in the report include applications […]