|Bid||100.50 x 100|
|Ask||100.77 x 700|
|Day's range||101.98 - 104.94|
|52-week range||69.33 - 109.98|
|PE ratio (TTM)||27.82|
|Earnings date||17 May 2018|
|Forward dividend & yield||2.04 (2.02%)|
|1y target est||107.43|
Walmart has built a dominant position in the food business and is competing with Amazon in e-commerce.
On February 13, 2018, Blue Apron (APRN) reported 4Q17 net revenues of $187.7 million, which easily beat the analysts’ estimate of $185.1 million. This resulted in a reduction in its customer count and orders. In 4Q17, Blue Apron’s customer base shrank 15.1% YoY to 746,000, and its orders decreased 13.0% to 3.2 million.
The focus of earnings season shifts away from the tech sector and pivots toward retail heavyweights like Walmart and Home Depot, restaurant chains, and shale producers.
Wal-Mart is rolling out new in-house apparel brands as it aims to expand its fashion cred and as Amazon grabs more apparel market share from traditional stores.
Walmart’s (WMT) fourth-quarter results, slated for release on Tuesday morning, could be anticlimactic. Retailers representing around 80% of fourth-quarter sales have already pre-announced results, and the numbers have been strong. For example, Target (TGT), which reports on March 6, said back in early January that same-store sales during November and December rose 3.4%.
Blue Apron Holdings (APRN) posted its 4Q17 results on February 13, 2018. The meal kit delivery pioneer posted a loss of $0.20 per share, which was narrower than analysts’ estimate of a loss of $0.27 per share. Blue Apron announced that with the help of ongoing organizational restructuring, its adjusted EBITDA could break even as early as 4Q18.
Walmart Inc. is scheduled to report fourth-quarter financial results before the market opens Tuesday. Here is what you need to know:
A number of marquee earnings reports remain to be released, and these newer results could help set the tone as inflation fears begin to creep back into the market. Make sure to keep an eye on these companies as they prepare to report during the week of February 19!
Campbell Soup reported a 2 percent drop in organic net sales in its second quarter as a key customer in North America placed fewer orders for its canned soups.
Target (TGT) is showing a strong uptrend as better-than-expected holiday sales, improving fundamentals, and an anticipated increase in its EPS (earnings per share) in fiscal 2018 have led analysts to raise their target price on the stock and lifted the stock higher. The acute selling pressure stemming from the rising interest rates didn’t have much of an impact on Target stock. TGT stock has gained about 15.5% on a YTD (year-to-date) basis as of February 14, 2018, and outperformed the benchmark index (SPX-INDEX), which is up approximately 1.0% on a YTD basis.
In fiscal 3Q18 (December quarter), Alibaba (BABA) received $600 million in revenues from Cainiao Network, a logistics services firm in which Alibaba owns a controlling stake. The Cainiao revenues represented 5.0% of Alibaba’s overall revenues for the quarter. Alibaba’s overall revenues rose 56% YoY (year-over-year) in fiscal 3Q18, and the company said that Cainiao was instrumental in driving that growth.
Based on a quarterly services revenue run rate of $8.5 billion, which is what Apple (AAPL) generated in services revenue in fiscal 1Q18 (December quarter), Apple’s 2018 services revenue could be $34 billion. Since Apple is aiming for at least $48 billion in services revenue by 2020, $34 billion in services revenue in 2018 would leave it with a gap of $14 billion to cover in two years.
In what seems to signal defiance to the coalition of opposition that JD.com (JD), Tencent (TCEHY), and Wal-Mart Stores (WMT) have tried to build in China, Alibaba (BABA) grew its customer base in China at the fastest rate in fiscal 3Q18 (December quarter), when compared with the same quarter one year ago. Alibaba finished fiscal 3Q18 with 515 million active shoppers in China, which represents an increase of 16% YoY (year-over-year). An active shopper for Alibaba is a retail customer who purchased an item on its e-commerce platforms within the past 12 months.
The minutes of the Federal Reserve’s latest meeting, Walmart’s quarterly results and Warren Buffett’s investment letter are set to grab investor attention in the holiday-shortened trading week. Here’s ...
Walmart announced today it has hired more than 194,000 veterans and promoted more than 28,000 to roles of greater responsibility since launching its Veterans Welcome Home Commitment in May 2013.
With the market dropping briefly into correction territory, investors should consider Walmart, Duke Energy, and McDonald's. These companies have shown they can succeed no matter what the market throws their way.
Activists seeing divestment in the gun industry get a sympathetic ear, but in practice, it hasn't been so easy for Wall Street to get out.
Target’s (TGT) EPS (earnings per share) have been falling YoY (year-over-year) over the past several quarters, reflecting pressure on margins from increased price investments and higher digital fulfillment costs associated with growing e-commerce sales. Target expects its bottom line to benefit from improved sales and higher productivity from new and remodeled stores. Also, a decline in the corporate tax rate, share repurchases, and favorable YoY comparisons should drive the company’s earnings higher.
Target’s (TGT) sales are expected to increase in fiscal 2017 after falling in the past year. Target’s top line is expected to benefit from its booming digital business, which is growing at a brisk pace and meaningfully contributing to its growth. The company recently acquired Shipt, which is likely to speed up its delivery process and drive sales higher.
The battle for subscription shoppers heated up Wednesday as Sam’s Club announced free shipping for most items sold online and simplified membership tiers. Sam’s, part of Barron’s Next 50 component Walmart (WMT), is undergoing a reinvention of sorts to make it a more online-focused business. The strategy is to transform the business,” CEO John Furner told The Wall Street Journal last month.
Walmart is in talks to buy a stake of at least 40 percent in Indian e-commerce firm Flipkart, in a direct challenge to Amazon.com Inc in Asia’s third-largest economy. Silvia Antonioli reports.