Walmart Stock Soars: Is It Time to Invest?

Walmart Sets the Stage for Strong Earnings Report: Stock on the Rise

Walmart’s stock has experienced remarkable growth, soaring 10.5% since July, according to recent reports. Market analysts maintain an optimistic outlook on the retail giant’s performance, eagerly anticipating the upcoming earnings report. Scheduled for release on February 20, the report is expected to unveil robust holiday quarter earnings, with revenue of $170.47 billion, a 3% increase in same-store sales, and an estimated earnings per share of $1.64.