Analysts expect another strong quarter for Walmart. Sales of the same store, an important metric for retailers, are believed to have jumped 3.1% at Walmart and 1.4% at Sam's Club during the third quarter. Walmart is expected to report adjusted earnings of $ 1.09 per share on $ 128.67 billion in revenue.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Walmart's third quarter follows a & nbsp; beat and raise second quarter Walmart's effort on e-commerce is definitely paying off as the retailer is on pace to meet its 35% online sales growth goal this year. During the second quarter, online sales increased 37% on Walmart with strong growth in Sam's Club's online sales increased 35% in the second quarter. "data-reactid =" 18 "> Walmart's third quarter follows a hit and lift in the second quarter. Walmart's e-commerce efforts are definitely paying off, as the retailer is on pace to reach its 35% growth target online this year. During the second quarter, online sales increased 37% at Walmart with strong grocery growth. Sam's Club's online sales increased by 35% in the second quarter.
The share of the retail giant has risen more than 30% this year.
NVIDIA video chips on the motherboard
Meanwhile, by the end of the market, Nvidia is expected to report third-quarter adjusted earnings of $ 1.57 per share of $ 2.91 billion in revenue, according to analysts polled by Bloomberg.
Nvidia's gaming segment will be in focus. Sales in the segment have accelerated, as a number of new games using chipmaker technology have boosted Nvidia's sales of graphics processing units (GPUs). Analysts' project gross margins rose 62%, while operating margins are expected to have jumped 33%.
Although Nvidia is expected to report a solid third quarter, investors will be hyper-focused on fourth quarter guidance and projections for the company's PC gaming and data center businesses.
Shares of Nvidia have increased by 57% in 2019.
<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text "content =" Other notable revenue reports scheduled for Thursday include Viacom ( VIAB ) and Sina ( SINA ) before the market was open and used material ( AMAT ) after market close . "data-reactid =" 35 "> Other notable revenue reports scheduled for Thursday include Viacom (VIAB) and Sina (SINA) before the market is open and Applied Materials (AMAT) after the end of the market.
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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Heidi Chung is a reporter at Yahoo Finance. Follow her on Twitter: @heidi_chung . " data-reactid = "37"> Heidi Chung is a reporter at Yahoo Finance . Follow her on Twitter: @heidi_chung .
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<p class = "canvas atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Follow Yahoo Finance on Twitter Facebook Instagram Flipboard LinkedIn and reddit . "data-reactid =" 44 "> Follow Yahoo Finance on Twitter [19659032] Facebook [19659034] Instagram Fl ipboard LinkedIn and reddit .