What Not to Miss in Wal-Mart's Earnings Report

What Not to Miss in Wal-Mart's Earnings Report

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Business

University

Hard

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Walmart is advancing on two fronts: enhancing its brand while keeping prices low and expanding its online business. The company is gaining ground against Target and Amazon, with US ecommerce sales up 29% in Q4, driven by the acquisition of Jet.com. Walmart's brick-and-mortar stores also saw a significant sales increase. Analysts expect earnings of $0.96 per share on $117 billion revenue, with a 1.3% rise in domestic same-store sales. Target is also improving, aiming to close the sales gap with Walmart.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How is Target attempting to improve its performance in relation to Walmart?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are analysts forecasting for Walmart's earnings per share?

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