#Discount & Department Stores Industry
Discount stores industry leader $WalMart
(NYSE:WMT) released its Q3 2020 earnings on Tuesday. According to the report, $WalMart
Q3 Non-GAAP EPS of $1.34 beats by $0.15; GAAP EPS of $1.80 beats by $0.60.
Revenue of $134.71B (+5.2% Y/Y) beats by $3.18B.
Walmart US comparable sales of +6.4% vs. consensus of +3.9%, and Sam's Club ex-fuel of +11.1% vs. consensus of +8.4%.
Walmart U.S. eCommerce sales grew 79% with strong results across all channels and contributed approximately 570 bps to comp sales.
Another discount store $Target
is scheduled to announce Q3 earnings results on Wednesday, November 18th, While $BJ’s Wholesale Club Holdings
Two department stores companies, $Macy's
and $Ross Stores
are scheduled to announce Q3 earnings results on Thursday, November 19th.
Here are more noteworthy discount stores stocks and department stores stocks among the two industries, including $PriceSmart
, $Big Lots
, $Ollie's Bargain
, $Costco Wholesale
, $Dollar Tree
, and $Nordstrom
Discussion: What's your thoughts and concerns on the #Discount & Department Stores Industry
in the upcoming weeks/months? Which stocks do you think will perform better than the others? What are your trading strategies for the upcoming weeks/months? Discuss with other members in the Webull community. As always, please be kind and respectful to one another.
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