|Bid||83.98 x 1800|
|Ask||83.99 x 800|
|Day's Range||83.88 - 84.81|
|52 Week Range||73.13 - 109.98|
|PE Ratio (TTM)||25.58|
|Earnings Date||Aug 16, 2018|
|Forward Dividend & Yield||2.08 (2.40%)|
|1y Target Est||105.28|
Did the Consumer Sector Fail to Impress Last Week? The revenue increased 4.4% to $122.6 billion and surpassed the consensus estimates by 1.8%. The company reported an EPS (earnings per share) of $1.14—compared to $1.00 in the first quarter.
The grocery and retail sector is a crowded one with large warehouse outfits like BJ’s Wholesale Club, which filed for an initial public offering on the New York Stock Exchange last week, occupying a section with strong business attributes. BJ’s Wholesale, which will trade under the ticker symbol “BJ,” is a membership-based shopping warehouse chain that competes with stores like Costco Wholesale Corp. (COST) and Walmart Inc.’s (WMT) Sam’s Club. Analysts have highlighted the competitive moat between Costco and Amazon.com Inc. (AMZN) , with UBS analysts writing in a note from early May that Costco has a price advantage over both Sam’s Club and Amazon.
Logistics and transportation stock Schneider National is testing a new buy zone as its relative strength line hits a new high.
Walmart’s (WMT) fiscal Q1 2019 results featured several positives for investors. Walmart sustained its sales and earnings growth momentum in the first quarter and reported better-than-expected results. Plus, Walmart’s e-commerce business picked up, which is a big positive.
Today, Walmart announced it has hired more than 200,000 veterans and promoted more than 28,000 to roles of greater responsibility since launching its Veterans Welcome Home Commitment five years ago. Recognizing the important skills and leadership abilities veterans possess, the commitment helps veterans find career opportunities at Walmart and aims to ease the sometimes difficult transition from active duty to civilian life. Walmart is now more than 80 percent of the way to reaching its goal of hiring 250,000 veterans by 2020.
J.C. Penney has been struggling within the quickly evolving retail landscape, as consumers shift their shopping online and away from the mall
Akamai, American International , Walmart, Amazon and Kroger as Zacks Bull and Bear of the Day
Sales at Walmart’s (WMT) Sam’s Club fell 4.1% (ex-fuel) to $12.4 billion. The closure of 63 Sam’s Clubs and the decision to remove tobacco from certain clubs negatively impacted the top line for Sam’s Club. However, comps remained strong and grew 3.8%, reflecting strong traffic in the fresh category. The club pickup and the direct-to-home business continued to drive sales and premium membership rates. E-commerce sales improved 25.0% during the first quarter.
The concept, drawing from pop art, was the supermarket as a great equalizer. The great American supermarket is no longer the equalizer it once was. Then, there is the expanding population that hovers just above or below the poverty line for whom dollar stores will reign supreme.
, warning the deal would be a “nightmare for retail trade”. The Confederation of All India Traders (CAIT) said it would ask the Indian competition commission to block the purchase — the world’s biggest e-commerce deal — arguing it would lead to massive job losses. as it scales up in India, a retail market that generates about $670bn in yearly sales.
Yahoo Finance's Seana Smith on the stocks making headlines in intraday trading.