沃尔玛 Walmart Earnings exceed expectations, stock prices soar

Walmart's third-quarter earnings report once again showed its leadership in the retail industry. Revenue reached $169.6 billion, above LSEG's analyst estimate of $167.7 billion, and adjusted earnings per share were 58 cents, exceeding market expectations of 53 cents. Same-store sales increased by 5.3% year-on-year, demonstrating the steady growth of Wal-Mart's core business.

After the earnings report was announced, Wal-Mart's share price rose 3% on the 19th to close at US$86.60, a record high. Since the beginning of this year, the cumulative increase in stock prices has reached 65%, further consolidating its market value and investment attractiveness.

E-commerce business and high-income groups drive growth

Wal-Mart's e-commerce sales performed particularly well in the U.S. market, growing by 22% in the third quarter. Fast arrival services are popular among consumers, and data shows that about 30% of online shopping users are willing to pay extra to enjoy this service. The successful implementation of the "Walmart Plus" membership program has further attracted high-income groups with annual income exceeding US$100,000 and has become an important driving force for Wal-Mart to expand its market share.

In addition, the significant growth in advertising and third-party mall business has provided Wal-Mart with more revenue sources, demonstrating the success of its diversified business strategy.

The outlook for the whole year is optimistic, welcoming holiday business opportunities

Wal-Mart management raised its full-year sales growth forecast to 4.8% to 5.1%, much higher than the original estimate of 3.75% to 4.75%. Chief Executive John David Rainey pointed out that American consumers have shown resilience, especially during the school season and Halloween, with satisfactory sales of products such as home decoration, toys and apparel, indicating that market demand is still strong. As the year-end holiday shopping season approaches, Wal-Mart is well prepared and is expected to further drive revenue growth.

Trade policy risks are controllable and market reactions are cumulative极

Despite concerns about a possible resumption of tariff policies, Wal-Mart stressed that about two-thirds of its sales are manufactured or assembled locally in the United States, which helps reduce potential tariff risks. The move has strengthened investors 'confidence in their ability to respond to changes in international trade.

Jefferies analyst Corey Tarlowe gave Wal-Mart a "buy" rating and set a price target of $100. He pointed out that Wal-Mart will not only show resilience in the face of economic fluctuations, but will also benefit from the upcoming holiday shopping boom and the market prospects are bright.