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Walmart Inc. (WMT)

NYSE - NYSE Delayed Price. Currency in USD
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64.84-0.41 (-0.63%)
At close: 04:00PM EDT
65.01 +0.17 (+0.26%)
Pre-Market: 04:16AM EDT
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Trade prices are not sourced from all markets
Previous Close65.25
Bid0.00 x 2900
Ask0.00 x 900
Day's Range64.56 - 65.51
52 Week Range48.34 - 65.69
Avg. Volume16,862,555
Market Cap522.597B
Beta (5Y Monthly)0.49
PE Ratio (TTM)27.83
Earnings DateN/A
Forward Dividend & Yield0.83 (1.28%)
Ex-Dividend DateAug 15, 2024
1y Target EstN/A
  • Yahoo Finance Video

    Target Earnings: What You Need To Know

    It looks like the tables have turned, as Walmart (WMT) is set to usurp Target (TGT) as America's favorite big-box retailer. This Wednesday, May 22nd, Target debuted less than stellar Q1 Earnings report, Yahoo Finance's Brooke DiPalma explains: "It's really the tale of two retailers...Target falling 3.7 percent. Just last week, we saw same-store sales from Walmart impress The Street with an upside of 3.8 percent." Target's higher quality, albeit more expensive offerings, appear to be out of reach for the average Joe or Jane on Main Street. They are turning on the red and white retail giant, finding their dollar stretches further when shopping at Walmart. Yahoo Finance's Brian Sozzi reiterates: "Everywhere you look in this Target quarter, it stunk from top to bottom. They noted that inflation is starting to slow, but they are not seeing a corresponding improvement in sales."  Inflation appears to be the key catalyst for Target's struggling sales. In response to this continued sales drop, the company announced price cuts to around 5,000 of their products, with more price cuts coming over the summer. D.A. Davidson Managing Director Michael Baker sees this as a bullish move, "the key right now is for them to get customers in the door, and win back some traffic and win back some market share." So although Target may be down, they certainly are not out.  Consumers may not have turned on Target, they simply just cannot afford it. Former Toys"R"US CEO Jerry Storch states: "Target has made it's name selling nice-to-have fun products. That is not what the consumer is buying right now!" Despite these current struggles, Target has proven itself as a quality company with "a great deal of consumer brand equity," even with a strike out earnings report in 2024 "consumers still love shopping there, so I think they have a lot to work with, it's just going to take awhile."  This post was written by Noah Chadwick GFX_AE


    Walmart’s CFO on Tech, Advertising, and Winning the High-End Shopper

    Walmart is no one’s idea of a tech company—but maybe it should be. In June 2023, John David Rainey spoke with Barron’s in his first sit-down interview as the chief financial officer of the big box retailer, explaining how the world’s largest retailer is expanding through a tech-first strategy. Walmart soared after posting impressive fiscal first-quarter earnings and guidance on May 16, helped by consumers’ laser-focus on value and increasing business from wealthier households.

  • The Motley Fool

    Better Stock to Buy Now: Walmart or Costco?

    These two resilient companies have proven their worth again and again, even during tough times, but which is the better buy right now? The post Better Stock to Buy Now: Walmart or Costco? appeared first on The Motley Fool Canada.