The company will release its fourth quarter earnings before the market opens Tuesday, which will provide the first clue on how well these changes are working out.
Walmart is making huge investments in technology and inventory to move into new businesses.
Walmart, the global mega-retailer that began in Arkansas in 1962, is making huge investments in technology and inventory to move into new businesses. The company will release its fourth quarter earnings before the market opens Tuesday, which will provide the first clue on how well these changes are working out. Walmart CEO Doug McMillon is expected to further outline Walmart's new strategies and initiatives in a statement.
Walmart will report its holiday quarter results on Tuesday morning.
Earnings per share is expected to be $1.65 and revenue is expected to be $170.71 billion.
The company has weathered high inflation better than many other retailers and announced cost cuts such as raising store manager wages, opening or expanding more stores, and a 3-for-1 stock split.
CEO Doug McMillon told investors on a November earnings call that deflation could be coming as prices of general merchandise and groceries fall.
Accuracy
No Contradictions at Time
Of
Publication
Deception
(30%)
The article is deceptive in several ways. Firstly, the author states that Walmart will report its holiday quarter results on Tuesday morning but fails to mention that it has already reported them. Secondly, the author quotes analysts' expectations for earnings per share and revenue without disclosing their sources or providing any context about how they arrived at those numbers. Thirdly, the article contains several statements that are not supported by facts or data.
The author states that Walmart will report its holiday quarter results on Tuesday morning but fails to mention that it has already reported them.
Fallacies
(85%)
The article contains several fallacies. Firstly, the author uses an appeal to authority by stating that Walmart is a barometer for how consumers feel about their finances and how they are managing challenges like elevated grocery prices. This statement implies that Walmart's financial performance is representative of the entire population, which may not be accurate. Secondly, there are several instances where the author uses inflammatory rhetoric by stating that consumer spending dropped more than expected in January and implying that this indicates shoppers have paused purchases beyond the necessities as holiday bills came due. This statement could be seen as sensationalist and misleading. Thirdly, the author makes a false dilemma by stating that Walmart has weathered high inflation better than many other retailers when it is not clear what criteria are being used to make this comparison. Finally, there are several instances where the author uses vague language such as
The article contains several fallacies.
Firstly, the author uses an appeal to authority by stating that Walmart is a barometer for how consumers feel about their finances and how they are managing challenges like elevated grocery prices. This statement implies that Walmart's financial performance is representative of the entire population, which may not be accurate.
Bias
(85%)
The article contains several examples of bias. Firstly, the author uses language that dehumanizes white supremacists by describing their celebration as 'verified accounts on X and major far-right influencers on platforms like Telegram were celebrating.' This is an example of religious bias. Secondly, the author describes a political ideology without providing any context or explanation for why it is relevant to the article. This could be seen as monetary bias since Walmart has been criticized in the past for its labor practices and low wages, which may have contributed to their decision not to cut costs like other companies. Thirdly, there are several instances where the author uses language that demonizes one side of a political or ideological debate. For example, they describe white supremacists as 'dog-whistling' and extremist far-right ideologies as 'wild conspiracy theories.' This is an example of religious bias since these beliefs often involve extreme views on race and religion. Finally, the author uses language that implies Walmart has been successful in weathering high inflation better than other retailers, which could be seen as monetary bias.
'dog-whistling' to supporters of extremist far-right ideologies and wild conspiracy theories like QAnon
major far-right influencers on platforms like Telegram were celebrating.
verified accounts on X
Walmart has weathered high inflation better than many other retailers.
'wild conspiracy theories'
Site
Conflicts
Of
Interest (50%)
Melissa Repko has a conflict of interest with Walmart as she is reporting on the company's holiday quarter results. She also has a professional affiliation with the National Retail Federation and Commerce Department which may influence her coverage of the retail industry.
Walmart is making huge investments in technology and inventory to move into new businesses.
The company will release its fourth quarter earnings before the market opens Tuesday, which will provide the first clue on how well these changes are working out.
Doug McMillon, Walmart CEO, is expected to further outline Walmart's new strategies and initiatives in a statement.
Accuracy
No Contradictions at Time
Of
Publication
Deception
(100%)
None Found At Time Of
Publication
Fallacies
(75%)
The article contains several examples of informal fallacies. The author uses an appeal to authority by citing the opinions of experts and analysts without providing any evidence or reasoning for their claims. They also use inflammatory rhetoric when describing Walmart's efforts to attract customers and retain employees, stating that they are
The company is making investments in technology and inventory
Walmart CEO Doug McMillon will further outline the company's new strategies and initiatives
Walmart announced a 3-for-1 stock split that takes effect this week
The mega-retailer has boosted the average pay of its store managers to $128,000 from $117,000
Bias
(85%)
The article contains several examples of bias. The author uses loaded language such as 'huge moves' and 'alter the Walmart experience'. They also use a phrase that is part of an ongoing political debate: 'increased investments it is making', which could be seen as biased towards one side or another. Additionally, there are several examples where the author quotes sources without providing any context or analysis, such as when they quote Jeffries analysts and say their comments were widely discussed with investors. This suggests that the author may have a personal bias towards these sources.
It’s partway through a billion-dollar store makeover program, Walmart said in October, designed to keep customers engaged and shopping.
The company will release its fourth quarter earnings before the market opens Tuesday
The mega-retailer announced a 3-for-1 stock split that takes effect this week.
Walmart CEO Doug McMillon is expected to further outline Walmart's new strategies and initiatives
Site
Conflicts
Of
Interest (50%)
Ramishah Maruf has a financial interest in Walmart as he is an analyst at Jeffries. He also has a personal relationship with Doug McMillon, the CEO of Walmart.
Walmart (NYSE:WMT) is scheduled to report its fourth quarter Fiscal 2024 results on Thursday, February 20.
The company's performance might have benefitted from a strong holiday season and efforts to expand e-commerce sales and improve efficiency.
Wall Street expects Walmart to report sales of $170.85 billion in Q4, up 4.2% year-over-year due to the expansion of its pickup and store-fulfilled delivery service.
Analysts expect the company to post earnings of $1.64 a share, down nearly 4% year-over-year due to higher costs.
Ten analysts rated Walmart stock a Buy ahead of its Q4 earnings announcement, including Jefferies analyst Corey Tarlowe and Robert Drbul from Guggenheim.
Accuracy
Walmart is scheduled to report its fourth quarter Fiscal 2024 results on Thursday, February 20.
Deception
(100%)
None Found At Time Of
Publication
Fallacies
(85%)
The article contains several fallacies. The author uses an appeal to authority by stating that Wall Street analysts expect Walmart to report earnings of $1.64 a share and have a Strong Buy consensus rating with an average stock price target of $178.01.
>WMT – Q4 Expectations <
>Analysts Weigh In <
Bias
(85%)
The author has a clear bias towards Walmart's performance and the company's expansion efforts. The language used in describing WMT's Q4 expectations is positive and optimistic, with phrases such as 'benefitted from a strong holiday season', 'likely to have positively impacted results', and 'expected to drive margin expansion'. Additionally, the author quotes analysts who are bullish about Walmart stock without providing any counter-opinions. The use of language like 'Wall Street is optimistic' also reinforces this bias.
Analysts Weigh In
The expansion of WMT’s pickup and store-fulfilled delivery service is expected to positively impact its revenue growth in the fourth quarter
Wall Street analysts expect the company to post earnings of $1.64 a share, down nearly 4% year-over-year due to higher costs.
Walmart's performance might have benefitted from a strong holiday season
While analysts are sidelined about WMT stock,
Site
Conflicts
Of
Interest (50%)
Radhika Saraogi has a financial interest in Walmart as she is an analyst at TipRanks and provides coverage on the company. She also mentions that Walmart stock has a Strong Buy consensus rating and an average WMT stock price target of $178.01, suggesting potential upside for investors.
Radhika Saraogi is an analyst at TipRanks and provides coverage on the company.
Author
Conflicts
Of
Interest (50%)
Radhika Saraogi has a conflict of interest on the topic of Walmart's Q4 Earnings Preview as she is an analyst at TipRanks and provides stock ratings for companies including Walmart.
