As many companies have pointed to weakened consumer spending as a headwind, all eyes are on Walmart's (WMT) second quarter earnings on Thursday, August 15...
) second quarter earnings on Thursday, August 15. UBS US hardline and broadline and food retail analyst Michael Lasser joins Market Domination to break down what investors need to know before heading into Walmart 's earnings report .
We also expect to hear that all of the alternative profits remain uh growing very rapidly areas like advertising, third party marketplace fees, membership fees, logistics services and uh data monetization.That's one reason why Walmart Stock has appreciated so handsomely as of late, we also expect that the company is gonna raise its guidance uh last quarter.And we think it will take this as an opportunity to raise its full year EPS guidance.
It's one of the biggest laggards in the S and P. Uh That to me indicates a little bit of the struggling consumer story that you had uh addressed in your first answer here. Not only because of uh consumer trends that are very episodic, but also in response to that consumers are becoming more promotional and aggressive, which uh poses the risk that that's gonna pressure their margins.
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