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Tag: quarterly results

Higher-income households drive growth at Walmart US

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Higher-income households drive growth at Walmart US

Bentonville, Arkansas – Walmart sales in the U.S. are rising, with retail being one of the top-selling products in the segment. In its most recent second quarter, sales in the general merchandise segment were flat as strength in the home and hardlines segment was offset by weakness in the entertainment segment, the company reported. At […]

Walmart and Alibaba earnings: What can investors expect?

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Walmart and Alibaba earnings: What can investors expect?

The Q2 2024 earnings season is slowly coming to an end. It continues to be positive and encouraging. Earnings growth is expected to be positive again and this trend is likely to continue in the upcoming Q3 cycle. This week, several notable companies – Walmart WMT and Alibaba BABA – reported their quarterly results. Both […]