Walmart's Earnings: Predicted 4.7% Revenue Growth

Walmart gears up for its latest earnings report, with analysts predicting a four point seven percent revenue growth to around one hundred seventy-seven point five billion dollars. Despite a slower period last quarter, Walmart has a strong track record of meeting or slightly exceeding revenue forecasts. Competitors like Sprouts Farmers Market and Grocery Outlet have seen mixed results, with revenue increases but missed expectations leading to stock price drops. The outlook for next year is uncertain due to potential policy changes, and Walmarts stock has declined by five point one percent over the last month.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.