Company Of The Day: Walmart

-6.03%
Downside
93.40
Market
87.77
Trefis
WMT: Walmart logo
WMT
Walmart

What?

Walmart (NYSE:WMT) posted a weaker than expected set of Q1 2022 earnings, with net income declining by 25% versus last year to $2.05 billion, missing expectations, although revenue rose by about 2% to $141.57 billion.

Why?

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Walmart’s costs came under pressure due to elevated fuel prices and rising wages.

So What?

Walmart stock fell by 11% in Tuesday’s trading.

See Our Complete Analysis For Walmart

What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.

 Returns May 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 WMT Return -14% -9% 90%
 S&P 500 Return -1% -14% 83%
 Trefis Multi-Strategy Portfolio -3% -19% 217%

[1] Month-to-date and year-to-date as of 5/18/2022
[2] Cumulative total returns since the end of 2016

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