![]() ![]() Walmart expects a challenging and uncertain year ahead, and the company said its guidance was conservative, calling for adjusted earnings per share of $5.90 to $6.05, or $6.04 to $6.19, excluding a last in, first out (LIFO) adjustment. ![]() Recent performance in Sam's Club shows that Walmart has the potential to build it into a business that's as valuable as Costco. Walmart's strong performance in e-commerce and Sam's Club is a reminder that even though the company brought in $611 billion in revenue last year, it still has opportunities for growth.Į-commerce, in particular, remains a ripe market, and part of the reason why Walmart is outgrowing Amazon is that Walmart can grow in areas that Amazon hasn't really touched like grocery, online pickup, and store-based delivery. Walmart, Amazon, and Costco are the three biggest retailers in the U.S., and while Walmart is the biggest of the three by revenue, it has lagged behind the other two in stock performance over the long term. In addition to the strong performance of the core business, also notable is that Walmart is outperforming top competitors like Amazon (NASDAQ: AMZN) and Costco Wholesale (NASDAQ: COST) head-to-head. While Walmart is best known as a retail behemoth with the "everyday low prices" promise, the company has reinvented itself in recent years, becoming an omnichannel by adding grocery pickup stations, launching the new Walmart+ membership program, and building out an advertising business. That drove comparable sales up 8.3% and operating income higher in its biggest segment, despite inflationary pressure. The retail giant flexed its muscles in its core markets, posting mid-teens comparable sales growth in grocery at Walmart U.S. ![]() Walmart ( WMT 0.57%) just delivered a strong fourth-quarter earnings report to kick off the retail earnings season, beating estimates on the top and bottom lines. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |