Walmart’s Fourth Quarter Earnings: Key Items To Consider


  • Walmart is releasing the company’s Q4 FY 2023 financial results next Tuesday, and I predict that WMT will deliver an earnings beat.
  • I considered industry data, management commentary, and analysts’ expectations as part of my analysis, before I came to the conclusion that above-expectations fourth quarter earnings for WMT is highly probable.
  • My Buy rating for Walmart stays unchanged; higher than expected Q4 earnings could help to re-rate WMT’s shares in the short term.
Walmart Retail Location. Walmart introduced its Veterans Welcome Home Commitment and plans on hiring 265,000 veterans.


Elevator Pitch

I continue to have a Buy rating assigned to Walmart’s (NYSE:WMT) stock.

My July 8, 2022 write-up for Walmart was focused on the pullback in the company’s share price post-Q1 FY 2023 (YE January 31) earnings release. I turn my attention

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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