Analysts expect Walmart to post $175 billion in revenue and 66 cents EPS as markets watch for consumer spending trends.
Walmart will release fiscal first-quarter earnings Thursday, with investors focusing on its insights into US consumer behavior amid economic uncertainty. The retailer is projected to report $175 billion in revenue and 66 cents per share in earnings, reflecting steady growth despite inflation and geopolitical tensions.
Recent months have seen rising gas prices, declining consumer sentiment, and ongoing trade disruptions, adding pressure on household budgets. Walmart’s broad customer base, spanning low- to high-income shoppers, positions it as a key indicator of economic resilience or strain.
The company’s performance may reveal whether higher-income consumers, who have increasingly shopped at Walmart, remain resilient or are pulling back. Markets will scrutinize management commentary for signs of shifting spending patterns.