Remove Forecasting Remove Leverage Remove Restructuring Remove Retail
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Four Things Walmart’s Strong Earnings Say About Retailing To A Pandemic World

PYMNTS

The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6

Retail 88
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Walmart Shares Up Across The Board On Big Earnings Beats

PYMNTS

The planet’s largest retailer by sales crushed their way through Q2, with bigger than expected gains in revenue, earnings, same-store sales and eCommerce sales than analysts were predicting before the numbers hit the wires. percent to $128 billion, ahead of analyst forecasts of $125.9 It was a good day for Walmart on Wall Street.

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Transcript: Armen Panossian

Barry Ritholtz

And I think a lot of investors and, and lenders and really lost their way and agreed to terms and conditions that in under today’s market environment would not be acceptable levels of leverage that would not work. And, and as a result, there is a, a condition where there’s risks and opportunities in the current market.

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Transcript: Jonathan Miller

Barry Ritholtz

RITHOLTZ: Everybody’s been forecasting incorrectly about recessions, about rate cuts. MILLER: And my wife always kids me about being overly eager to pay full retail. RITHOLTZ: That’s assuming Goldman is right. MILLER: Correct. So let’s talk a bit about, I want to talk about rates and I want to talk about supply.

Sales 52
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Transcript: Gary Cohn

Barry Ritholtz

It’s, it’s no different But, but inherently in futures, a whole lot more leverage, a whole lot more risk. It had gone from a fairly, fairly heavy retail business to a very institutional business. At the time, the Mexican, after the Mexican restructuring, they had, they had Mexican bonds with an oil option embedded in them.

Marketing 107
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2:00PM Water Cooler 1/19/2023 | naked capitalism

CFO News Room

They mock the political forecasters and the talk of “optics.” The result further consolidated evidence of a tight labor market despite the Federal Reserve’s aggressive tightening path last year, challenging market bets that the Fed will halt its tightening path before reaching the forecasted terminal rate of 5.25%.”