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Walmart's surging stock price, paired with years of tiny raises, has pushed its yield down to just 1%, which is lower than the S&P 500 average yield of 1.2%. Another issue is valuation.
The U.S. stock and bond markets were ... evidenced by January's stunning retail sales data out last week. Walmart, ... stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. ...
24/7 Help. For premium support please call: ... Walmart warning sends stock price plunging, renews retail worries. Brian Sozzi. Updated July 26, 2022 at 3:34 AM. ... Follow Sozzi on Twitter ...
Overall, Walmart grew revenue by 5.5% last quarter, operating income by 8%, and adjusted earnings per share (EPS) by 14%. A person reaches for a snack on a store shelf. Image source: Getty Images.
A Walmart spokesperson told Fortune that any price changes are speculative at this point, but future tariff-induced cost increases would be an additional burden to already price-sensitive shoppers.
On Thursday, Walmart stock reached a record closing high of $162.61 per share. The stock started September near its all-time high but closed slightly off the record price at $161.56 on Friday.
Walmart's stock soared as much as 8.4% to all-time highs Thursday after reporting strong sales last quarter. Walmart is likely an outlier as consumers pull back on spending in general, analysts say.
In a case of a giant company getting even more massive, Walmart (NYSE: WMT) has been on quite a tear lately -- both in terms of its fundamentals and its share price. The latter has improved by ...