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Mixed results for Walmart

Miguel A. Rodriguez
Miguel A. Rodriguez
22 February 2021
One of the largest retailers in the world, Walmart, revealed its fourth quarter earnings

The company saw its EPS at $1.39 on revenues of $152.08 billion. According to Zacks, the consensus was of $1.51 earnings per share and revenues of $148.3 billion. The higher-than-expected revenue was due to the COVID-19 pandemic, as people bought more groceries and cleanings products.

In the past quarter, in the US, e-commerce sales went up 69% - the slowest growth reported since the pandemic started.

For the future, Walmart expects its EPS and revenues to fall in fiscal 2022. The company also announced a $20 billion buyback program and raised its quarterly dividend to $2.20 from $2.16 per share.

Moreover, Walmart revealed that it would raise wages for workers in digital and stocking positions to $13$19/hour.

Following its fourth quarter results, Walmart stock price dropped 6%.


This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.