Walmart reported Q1 sales growth of 2.5%, below estimated $165.88B. EPS of 61 cents beat estimated 58 cents. Global eCommerce sales grew 22%. In Q2, sales expected to grow 3.5-4.5% and for FY26, adjusted EPS outlook is $2.50-$2.60.
The latest ruling is part of a retrial. Zest first sued Walmart in 2018 for unfairly copying its food preservation tech, and won a $115 million award in 2021.
Potential changes to its earnings expectations and comments on the tariffs' impact are key items investors will watch at Walmart's investor day meeting this week.
Bond market is warning of economic slowdown, causing investors to shift towards defensive assets like ETFs that focus on stability and essential industries.
Walmart recently reported better-than-expected fourth-quarter fiscal 2025 results. The mega-retailer’s outlook was disappointing, however. Here is a brief review of ETFs that could be used to buy the dip in the company.
JP Morgan raised the price target of Costco (COST) to $1,090, citing strong November sales. Analysts believe COST has a unique value proposition and potential for global growth.
