Walmart's investors are focusing on its retail media business, Walmart Connect, to drive profits amid slowing same-store sales growth, which dropped to 4.1% in the latest quarter. Walmart Connect's revenue surged 44%, the fastest since its 2023 launch, fueled by customer data from Walmart's membership program. This ad platform helps brands target shoppers and contributes a third of Walmart's operating income with high profit margins. Analysts expect continued strong growth in Walmart Connect despite a forecasted dip in overall sales growth below 4%. This shift highlights Walmart's strategy to maintain margins and compete with Amazon's larger ad business while consumers remain cautious with spending.
Walmart's stock pulled back from a May high of $131.45 to around $112.53 in July but is expected to rebound. The company reported strong Q1 FY27 results with revenue growth and high-margin segments like advertising and membership fees driving optimis...
Walmart will announce its fiscal second-quarter 2027 results on August 20, 2026, before the market opens. Analysts expect earnings per share (EPS) of $0.74 and revenue of $186.8 billion, reflecting year-over-year growth of 5% in revenue and 8.8% in E...
Synchrony Financial is collaborating with OpenAI to allow shoppers to buy products directly inside ChatGPT using store-branded credit cards from brands like Amazon, Walmart, and Lowe's. This initiative aims to integrate payments fully within ChatGPT,...
Walmart maintains a hold rating due to its premium valuation and mixed technical signals ahead of its Q2 earnings report. The company's Q1 results showed solid revenue and eCommerce growth, but cautious guidance and higher costs have dampened investo...
Walmart reports earnings Thursday amid concerns that U.S. comparable sales may miss expectations, with Oppenheimer downgrading the stock due to slower growth in General Merchandise and Health & Wellness. Target and Home Depot earnings earlier in the ...
