Wall Street looks for the company to maintain its impressive online shopping growth, in fierce competition with its biggest rival, Amazon. Analysts pointed out by Bloomberg expects the ledger dealer to deliver $ 1.02 per share revenue of $ 124.94 billion.
Walmart is expected to show continued growth in e-commerce, driven by its online store for the purchase and delivery of food. The retailer expects to offer grocery stores at 3,100 of their stores and delivery at 1600 of these locations by the end of the year.
"We expect another impressive quarter, characterized by continued sales force and e-commerce strength as investments (both past and ongoing) continue to operate operationally," wrote Bob Summers, an analyst at Buckingham Research Group, in a note.
"A strong and improved general value creation, an appealing store experience and expanding e-commerce offerings remain differentiating factors," he added.
Buckingham Research maintains a neutral rating on Walmart's share price target of $ 109.
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<p class = "canvas-atom textile text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The offer begins in Phoenix and Las Vegas before expanding to Southern California and gradually reaches "data-response time =" 29 "> The offer will begin in Phoenix and Las Vegas before expanding to Southern California and gradually reaching 75% of the US population,
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Julia La Roche is CFO at Yahoo Finance. Twitter . "data-response time =" 31 "> Julia La Roche La Roche is a finance reporter at Yahoo Finance. Follow her on Twitter .