Walmart Q1 Earnings: What to Watch
Walmart (NYSE: WMT) investors are bracing for some bad news in the next few days. While the retailing titan has predicted rising sales and earnings this fiscal year, a slowdown is inevitable following a record 2020. Profits might even fall as the chain works to consolidate all the extra volume it won during the first phases of the pandemic.
Those worries are at the top of shareholders' minds heading into Walmart's fiscal 2021 first-quarter earnings report. So let's look at the metrics to follow when the chain updates investors on Tuesday, May 18.
The first quarter runs from February through April, which spans some unusually volatile selling weeks coinciding with the initial stock-up phase -- and then the retailing shutdowns -- at the start of the pandemic in early 2020.
Source Fool.com
