From Nasdaq: 2024-05-15 20:28:19

Walmart is set to report its fiscal first-quarter results, with expectations of revenue and earnings slightly missing estimates. The retailer faces high debt of $46.9 billion and slowing U.S. comparable sales growth. Despite WMT stock gains, it underperformed the S&P in 2021 and 2023. Can Walmart beat the S&P in the uncertain macroeconomic environment?

With revenues expected to be slightly below consensus estimates, Walmart saw a 5.7% y-o-y rise to $174.4 billion in Q4. E-commerce sales increased by 23%, contributing significantly to comparable sales growth. However, the forecasted EPS is likely to marginally miss consensus estimates, with a valuation of $54 per share, almost 11% lower than the current market price.

Comparing Walmart with its peers on critical metrics provides valuable insights. While WMT has shown a 15% year-to-date return in 2024, it has outperformed the S&P 500 over the 2017-2024 period. For more in-depth comparisons across industries, check out Peer Comparisons and consider investing with Trefis Market-Beating Portfolios.



Read more at Nasdaq: Up 15% This Year, Will Walmart Stock Rally Further After Q1 Results?