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Walmart shares are trading at record highs and one sentence reveals why



<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "No rocket science needed to decode why Walmart ( WMT ) finds its stock market trading record high a few days before the holiday shopping frenzy season to warp. "Data-reactid =" 15 "> No rocket science needed to decipher why Walmart (WMT) finds its stock trading at a record high a few days before the festive marketing season, rage begins to warp overdrive.

<p class = "canvas -atom canvas-text Mb (1

.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The results of the third quarter of the largest trader worldwide on Thursday & nbsp; showed that once again CEO Doug McMillon continues to pull almost all straight strings operationally, and as a result, Walmart's stock deserves appreciation even in a period of growing Target, which turns stores in an oasis of fresh food and the always-aggressive beast of the Amazon price cut. "data-reactid =" 16 "> The results for the third quarter of the largest retailer o Thursday showed however that CEO Doug McMillan continues to pull almost all the right contours operational. As a result, Walmart's stock deserves appreciation even in a period of growing Target, which is turning its stores into a fresh-food oasis and an always aggressive beast for Amazon price cuts.

<p class = "canvas- canvas-atom Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " A look at Walmart's profits "data-reactid =" 17 "> A look at Walmart's profits

There were several drawbacks to Walmart's third quarter earnings release.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – -sm Mt (0.8em) – sm" type = "text" content = " Good " data-reactid = "19"> Good

  • Profit decreased estimates by 7 cents.

  • Sales at the same Walmart store in the United States increased 3.2% from a forecast of 3.1%.

  • E-commerce sales reached 41%, an acceleration of 37% growth rate observed in the second quarter.

  • Operating income grew at almost twice the rate as segment sales increased, despite investment in technology, workers and lower commodity prices.

  • Sales of the same store increased in all three Walmart US product categories in the United States.

  • Comparative stocks at Walmart US rose 2.7%, slower than the rate of increase in sales in the same segment (good for the retailer).

  • Sales of same stores in China increased by 3.7%. E-commerce sales in the country increased by 99%.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Disadvantages " given -reactid = "28"> Defeats

  • Gross profit margins fell at Walmart US, Walmart International and Sam's Club.

  • Sales of the same store in the United Kingdom and Chile under pressure.

  • Same-store sales at Sam's Club increased 0.6%, slower than 3.2% year-over-year.

  • Walmart US same-sales increase of 3.2% was slower than the previous level of 3.5%.

  • Walmart received a $ 290 million impairment charge under the trade name Jabong.com. Jabong is one of two clothing brands run by Indian Flipkart that Walmart acquired for $ 16 billion in 2018.

Mb (1.0em) Mb (0) – sm Mt (0.8 em) – sm "type =" text "content =" Bottom line "data-reactid =" 35 "> Bottom line

Investors have chosen to reset the commodity. Walmart shares jumped about 2% in early trading to $ 122.71.

"In our view, the key single-line extraction is that the most important metrics, including US computers and traffic, e-commerce growth and operating profits. as the company's total profits have accelerated since the last quarter and in most cases have actually been the best during the year, "writes Nomura Instinet retailer Michael Baker after Walmart's third quarter earnings.

The Walmart check. (Photo: Jeffrey Greenberg / Universal Images Group via Getty Images)

Sometimes stock analysis can be as simple as a Baker sentence.

Walmart proves that Amazon cannot kill its business or even slow down much further. The company also proves that its efforts to expand its range of foods are pushing the lives of traditional supermarkets away. In other words, more market share … and probably more share price gains.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) –sm" type = "text" content = " Brian Sozy is the editor-in-chief and a joint anchor of First Trade in Yahoo Finance. Follow him on Twitter @BrianSozzi " data-reactid = "51"> Brian Sotsi is editor-in-chief and co-author of First Trade at Yahoo Finance. Follow him on Twitter @BrianSozzi

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8 em ) – sm "type =" text "content =" Read the latest financial and business news from Yahoo Finance "data-reactid =" 52 "> Read the latest financial and business news from Yahoo Finance

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