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11/18/2020 01:52

#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 on Thursday.

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, $Dillards, 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.
Ollie's Bargain-0
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(19)

Mar***com11/19/2020 14:27
Big box stores need to make way for smaller businesses. Walmart will go up- not for me!

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Kill Alldrugdealers11/18/2020 23:30
Corrupt organization that paid off politicians so they could stay open while millions of lived were ruined. what are laws gonna matter when people are starving you spoiled brat walcunts?

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Mike11/18/2020 21:08
There is nothing discount about walmart lol

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qui***com11/18/2020 20:17
I'm ready

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912****97311/18/2020 19:24
Walmart will slooowwlyy go up not for me ..Lol

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NOMAD23911/18/2020 18:45
heck yeah

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kjv***com11/18/2020 18:28
Target out grosses Walmart

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929****89011/18/2020 18:02
I like Walmart shopping,everything is cheap/useful。If the covid—19 over. The first thing is shopping,then party.

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jac***com11/18/2020 17:34
Ollie’s is a profit machine with a great balance sheet. Big fan of the Company and the business

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Ter***com11/18/2020 17:04
Innovation may cause increase ultimately depends on redevelopment

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zio***com11/18/2020 16:59
Will not gro up today. very steady and reliable stock though

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@georgeanthonyo1 🐦11/18/2020 16:51
Walmart will continue to go up. Just a guess

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Jackhermiz11/18/2020 16:47
I was buying walmart for Less then hundred dollars a share all I had to do was holD

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pau***com11/18/2020 16:47
yall dumbases will lose your money. # pandemic special

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CMDR Erik-Ian11/18/2020 16:19
Im out of my positions but looking to re-enfering fir sure

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