Walmart will likely share its outlook for the year ahead, too.
The big-box retailer will likely share its outlook for the year ahead, too.
Investors and economists are eager for clues about the health of the American consumer, as inflation remains high.Customers exit a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 and $19 an hour.will report its holiday-quarter earnings on Tuesday morning, as investors and economists try to gauge the health of the American consumer.
Here's what analysts expect Walmart to report for the fiscal fourth quarter, according to Refinitiv consensus estimates:Walmart is expected to share its outlook for the year, too. It's likely to strike a more cautious tone. As families pay higher prices because of inflation, they are also spending again on commuting, dining out and other services. They are also following a period of pandemic-fueled spending.
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