Walmart stock

2024 - 2 - 20

Walmart Stock Surges: Q4 Earnings Beat Expectations and Vizio Acquisition Propel Growth

advertising growth - earnings reports - retail industry - stock market - Vizio acquisition - Walmart

Walmart's stock hits record high after impressive earnings report and strategic buyout of Vizio. Find out more! 🚀

Walmart's stock had a momentous rise following the release of its Q4 earnings report, exceeding market expectations. The retail giant announced a significant milestone with a $2.3 billion acquisition of Vizio, a smart-television maker, showcasing its commitment to technological advancements. Price-conscious shoppers contributed to Walmart's success, driving robust fourth-quarter results and setting a positive tone for retailers' reporting season.

As Walmart ended the year on a high note, customers are now witnessing a shift towards more budget-conscious spending habits amidst inflation concerns. The company's $5.49 billion quarterly profit reflects a strong performance, positioning Walmart as a key player in the retail industry. Market enthusiasts are closely monitoring Walmart's forecasted fiscal year sales, which are projected to surpass Wall Street estimates, indicating a promising outlook for the retail giant.

Additionally, tech stocks faced a downward trend, led by mixed results from retail giants such as Walmart and Home Depot. Despite this, Walmart's record-high stock performance signifies investor confidence in the company's strategic decisions and financial health. The market continues to react to Walmart's strong FY sales view, highlighting the impact of major retailers on the overall stock market.

In the midst of market fluctuations and earnings reports, Walmart stands out as a beacon of stability and growth in the retail sector. Investors are optimistic about Walmart's future prospects, driven by its solid financial results and forward-looking strategies. As Walmart navigates through economic uncertainties, its ability to adapt to changing consumer behaviors and market trends positions it as a resilient and innovative leader in the retail landscape.

Post cover
Image courtesy of "Investopedia"

Walmart Stock Rises After Q4 Earnings, Vizio Buy (Investopedia)

Walmart reported better-than-forecast results earnings for its fiscal fourth quarter, and also announced a $2.3 billion deal to buy smart-television maker ...

Post cover
Image courtesy of "Barron's"

Walmart Stock Rises to Record High on Earnings, Dividend Boost ... (Barron's)

's fourth-quarter earnings report brought a flurry of announcements from the world's largest retailer. Not only did the results top expectations, ...

Post cover
Image courtesy of "Yahoo Finance"

Why Walmart Stock Popped Today (Yahoo Finance)

Shares of Walmart (NYSE: WMT) were moving higher Tuesday morning after it impressed investors with its fiscal fourth-quarter 2024 earnings report.

Post cover
Image courtesy of "Reuters"

Price-conscious shoppers lift Walmart earnings as it preps $2.3 ... (Reuters)

Walmart kicked off U.S. retailers' reporting season on Tuesday with robust fourth quarter results after inflation-squeezed shoppers flocked to its stores, ...

Post cover
Image courtesy of "5newsonline.com"

Walmart's 4th quarter results end year on high note, customers ... (5newsonline.com)

Walmart ended the year on a high note as the fourth quarter earnings snapshot proved to be succesful. Now customers are spending less as inflation begins to ...

Post cover
Image courtesy of "Arkansas Online"

Walmart posts $5.49 billion quarterly profit | Arkansas Democrat ... (Arkansas Online)

Walmart Inc. had a big day on Tuesday when it reported strong fourth-quarter revenue growth and its planned $2.3 billion acquisition of TV manufacturer ...

Post cover
Image courtesy of "Livemint"

Walmart shares hit record high after stronger-than-expected results ... (Livemint)

Walmart climbs over 5 per cent after it forecast fiscal year sales above Wall Street estimates.

Post cover
Image courtesy of "Investopedia"

Markets News, Feb. 20, 2024: Tech Leads Stocks Lower; Home ... (Investopedia)

Tech stocks led equities lower in early trading Tuesday amid mixed results from retail giants Walmart and Home Depot.

Post cover
Image courtesy of "Investor's Business Daily"

Stock Market Today: Dow Jones Falls After Home Depot, Walmart ... (Investor's Business Daily)

After the opening bell, the Dow Jones Industrial Average fell 0.1%, while the S&P 500 dropped 0.7%. The tech-heavy Nasdaq composite was down 1.4% in morning ...

Post cover
Image courtesy of "Reuters"

Stocks close lower as Nvidia weighs ahead of earnings (Reuters)

Walmart hits all-time high on strong FY sales view · Discover Financial jumps on Capital One's $35.3 bln buyout deal · Focus on Nvidia results due Wednesday ...

Post cover
Image courtesy of "The Wall Street Journal"

Stock Market News, Feb. 20, 2024 : S&P 500 Ends Lower to Kick Off ... (The Wall Street Journal)

Walmart, Home Depot and Barclays results are in the spotlight · Stock indexes fell. The S&P 500 lost 0.6% and the Dow shed 0.2%. · Treasury yields edged lower, ...

REFILE-US STOCKS-Nasdaq leads Wall St losses as Nvidia slides ... (Yahoo Finance)

The tech-heavy Nasdaq led losses on Wall Street on Tuesday as chipmaker Nvidia fell sharply in early trading, while retail industry bellwether Walmart's ...

Post cover
Image courtesy of "CNBC"

S&P 500 and Nasdaq close lower on Tuesday, dragged down by ... (CNBC)

Stocks were lower Tuesday as the market comes off its first losing week in more than a month and traders pored over the latest batch of earnings.

Post cover
Image courtesy of "Nasdaq"

US STOCKS-Nasdaq leads Wall St losses as Nvidia slides; Walmart ... (Nasdaq)

The tech-heavy Nasdaq led losses on Wall Street on Tuesday as chipmaker Nvidia fell sharply ahead of its highly anticipated earnings report, while retail ...

Post cover
Image courtesy of "Motley Fool"

Why Walmart Stock Popped Today (Motley Fool)

Shares of Walmart (WMT 3.23%) were moving higher Tuesday morning after it impressed investors with its fiscal fourth-quarter 2024 earnings report.

Post cover
Image courtesy of "The Associated Press"

Walmart rips again in Q4 but as inflation retreats, so does customer ... (The Associated Press)

Walmart has reported another quarter of strong results. Its low prices attracted shoppers looking for deals in an economically challenging environment ...

Post cover
Image courtesy of "Forbes"

Walmart Stock Rides Best Day Since 2022 To Record High (Forbes)

Shares of Walmart jumped Tuesday following the retail giant's latest earnings report, sending Walmart's stock to its highest level in its five-decade ...

Post cover
Image courtesy of "Investor's Business Daily"

Walmart Earnings Unexpectedly Rise; Dow Jones Giant To Buy TV ... (Investor's Business Daily)

Walmart earnings topped on strong e-commerce sales, though guidance was mixed. The Dow Jones retail giant will buy TV maker Vizio.

Post cover
Image courtesy of "Yahoo Movies"

Walmart Is Going For Advertising Growth (Yahoo Movies)

On Wednesday, Walmart Inc (NYSE: WMT) didn't fail to impress investors with its fourth quarter report while also revealing its strategy to further boost its ...

Explore the last week