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2021-05-17
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Walmart Reports Earnings Tuesday. Why Even a Beat Might Not Help the Stock.<blockquote>沃尔玛周二公布财报。为什么即使是打击也可能对股票没有帮助。</blockquote>
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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":195164810,"tweetId":"195164810","gmtCreate":1621263520230,"gmtModify":1634192925159,"author":{"id":3580898776597625,"idStr":"3580898776597625","authorId":3580898776597625,"authorIdStr":"3580898776597625","name":"likaboss","avatar":"https://static.tigerbbs.com/027156c6b15571003ac371d19a653946","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":4,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","extraTitle":"","html":"<html><head></head><body><p>Like n comment</p></body></html>","htmlText":"<html><head></head><body><p>Like n comment</p></body></html>","text":"Like n comment","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/195164810","repostId":1124436775,"repostType":4,"repost":{"id":"1124436775","kind":"news","pubTimestamp":1621262168,"share":"https://www.laohu8.com/m/news/1124436775?lang=zh_CN&edition=full","pubTime":"2021-05-17 22:36","market":"us","language":"en","title":"Walmart Reports Earnings Tuesday. Why Even a Beat Might Not Help the Stock.<blockquote>沃尔玛周二公布财报。为什么即使是打击也可能对股票没有帮助。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1124436775","media":"Barrons","summary":"High standards are great when it comes to running a business. It can be tough for a company reportin","content":"<p>High standards are great when it comes to running a business. It can be tough for a company reporting earnings, as Walmart will on Tuesday.</p><p><blockquote>经营企业时,高标准是伟大的。对于一家公司来说,公布财报可能会很艰难,沃尔玛周二就会如此。</blockquote></p><p> Analysts are looking for Walmart to earn $1.21 a share on revenue of $132.2 billion for its fiscal first quarter. That compares to per-share earnings of $1.39 last quarter and $1.18 in the year-ago period, and revenue of $134.6 billion a year ago.</p><p><blockquote>分析师预计沃尔玛第一财季营收为 1,322 亿美元,每股收益为 1.21 美元。相比之下,上季度每股收益为 1.39 美元,去年同期为 1.18 美元,去年同期收入为 1346 亿美元。</blockquote></p><p> If recent history is any guide, Walmart will beat those numbers—but that won’t be good enough for the stock, which has dropped following every earnings release since the pandemic started. While there is a slim hope it could break that pattern, investors have held the retail giant to the highest of standards over the past year, and that doesn’t look like it will change.</p><p><blockquote>如果以最近的历史为指导,沃尔玛将超过这些数字--但这对该股来说还不够好,因为自大流行病开始以来,每次发布财报后,沃尔玛的股价都会下跌。虽然人们对它打破这种格局的希望渺茫,但在过去的一年里,投资者一直将这家零售巨头置于最高标准,而且这种情况似乎不会改变。</blockquote></p><p> It’s hard to overstate how much of a boost Walmart has seen from the Covid-19 pandemic. As an essential retailer, it was able to stay open at the start of the crisis—reaping the benefits as consumers stocked up in anticipation of spending more time at home. And even as restrictions loosened and vaccinations offered a path back to normalcy, Walmart and its large retail peers continued to thrive. Consumers, bolstered by stimulus checks and spending less on dining and travel, were eager to spend throughout much of 2020.</p><p><blockquote>Covid-19 大流行给沃尔玛带来了多大的推动,怎么强调都不为过。作为一家重要的零售商,它能够在危机开始时保持营业——随着消费者预计会在家里度过更多时间而囤积库存,从而获得了好处。即使限制放松,疫苗接种提供了一条恢复正常的道路,沃尔玛及其大型零售同行仍继续蓬勃发展。在刺激支票以及餐饮和旅行支出减少的推动下,消费者渴望在 2020 年的大部分时间里进行消费。</blockquote></p><p> Walmart stock didn’t respond well to those Covid-driven beats, although its shares had a great 2020. Walmart reported its first quarter of 2020, the first reported after Covid lockdowns, in mid-May of that year. The numbers were fine, but the stock dropped 2.1%. The same thing happened in August, when investors fretted that Walmart’s same-store sales were growing at a slower pace than Target’s(TGT), and again in November, when earnings beat expectations but Walmart was rewarded with a falling stock, even if the shares managed to finish 2020 up 21%.</p><p><blockquote>尽管沃尔玛的股价在 2020 年表现出色,但它的股票对 Covid 带来的打击反应并不理想。沃尔玛于当年 5 月中旬公布了 2020 年第一季度的业绩,这是新冠疫情封锁后公布的第一季度业绩。数字不错,但股价下跌了 2.1%。同样的事情发生在 8 月份,当时投资者担心沃尔玛的同店销售额增长速度低于塔吉特百货(TGT);11 月份,沃尔玛的盈利超出了预期,但沃尔玛的股价却下跌了,尽管其股价在 2020 年结束时上涨了 21%。</blockquote></p><p> Not so in 2021. Despite reporting record sales of $152 billion, Walmart missed earnings, and the stock fell 6.5%. Walmart stock is still down 3.2% this year, and that’s even more disappointing when compared with Target, which has gained 20%.</p><p><blockquote>2021年就不是这样了。尽管沃尔玛报告销售额达到创纪录的 1,520 亿美元,但盈利未达预期,股价下跌 6.5%。沃尔玛股价今年仍下跌 3.2%,与上涨 20% 的塔吉特百货相比,这更加令人失望。</blockquote></p><p> On some levels, the comparison between Walmart and Target isn’t an apples-to-apples. With itsoverseas investments and fintech ventures, Walmart is a bigger and more complex company. Target’s smaller size has given it more room to grow, especially as it entered the pandemic fresh off a successful turnaround, pivoting from missteps in its early omnichannel efforts and Canadian expansion. Target’s core customers are slightly wealthier as well, and in turn less dependent on stimulus checks to weather the pandemic.</p><p><blockquote>在某些层面上,沃尔玛和塔吉特百货之间的比较并不是一对一的。凭借海外投资和金融科技企业,沃尔玛是一家更大、更复杂的公司。塔吉特的规模较小,这给了它更大的发展空间,尤其是在它刚刚成功扭亏为盈,摆脱了早期全渠道努力和加拿大扩张中的失误后,就进入了大流行病时期。塔吉特的核心客户也稍微富裕一些,反过来也不太依赖刺激支票来度过大流行病。</blockquote></p><p> That’s cold comfort for investors, however, especially because Walmart stock might struggle to break its post-earnings losing streak. Multiple analysts have warned that membership sign-ups may be lagging at its subscription service Walmart+. Walmart’s lower-income shoppers may also struggle more with inflation pushing up prices for many consumer goods.</p><p><blockquote>不过,这对投资者来说是冰冷的安慰,尤其是因为沃尔玛股价可能难以打破财报后的连跌。多位分析师警告称,其订阅服务 Walmart+ 的会员注册可能滞后。由于通货膨胀推高了许多消费品的价格,沃尔玛的低收入购物者也可能面临更大的困境。</blockquote></p><p> The latest round of government stimulus helped retail sales leap in March to a pandemic-era high, while U.S. consumer confidence reached its highest levels in 14 months in April, and both data points mean increased odds that Walmart could report stronger-than-expected same-store sales, which are predicted to rise 1.1%. The company, however, faces tough year-over-year comparisons after growing same-store sales at a 1.3% clip one year ago. It’s unclear whether investors will reward a beat or punish slower sales.</p><p><blockquote>最新一轮政府刺激措施帮助 3 月份零售额跃升至大流行时代的高点,而美国消费者信心在 4 月份达到 14 个月以来的最高水平,这两个数据点都意味着沃尔玛报告强于预期的可能性增加同店销售额,预计将增长 1.1%。然而,该公司在一年前同店销售额增长 1.3% 后,面临着严峻的同比比较。目前还不清楚投资者是会奖励销售放缓,还是会惩罚销售放缓。</blockquote></p><p> If it’s the latter, the stock could still have an uphill battle after the release—beat or no beat.</p><p><blockquote>如果是后者,该股在发行后仍有可能面临一场艰苦的战斗--要么击败,要么不击败。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Walmart Reports Earnings Tuesday. Why Even a Beat Might Not Help the Stock.<blockquote>沃尔玛周二公布财报。为什么即使是打击也可能对股票没有帮助。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWalmart Reports Earnings Tuesday. Why Even a Beat Might Not Help the Stock.<blockquote>沃尔玛周二公布财报。为什么即使是打击也可能对股票没有帮助。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-05-17 22:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>High standards are great when it comes to running a business. It can be tough for a company reporting earnings, as Walmart will on Tuesday.</p><p><blockquote>经营企业时,高标准是伟大的。对于一家公司来说,公布财报可能会很艰难,沃尔玛周二就会如此。</blockquote></p><p> Analysts are looking for Walmart to earn $1.21 a share on revenue of $132.2 billion for its fiscal first quarter. That compares to per-share earnings of $1.39 last quarter and $1.18 in the year-ago period, and revenue of $134.6 billion a year ago.</p><p><blockquote>分析师预计沃尔玛第一财季营收为 1,322 亿美元,每股收益为 1.21 美元。相比之下,上季度每股收益为 1.39 美元,去年同期为 1.18 美元,去年同期收入为 1346 亿美元。</blockquote></p><p> If recent history is any guide, Walmart will beat those numbers—but that won’t be good enough for the stock, which has dropped following every earnings release since the pandemic started. While there is a slim hope it could break that pattern, investors have held the retail giant to the highest of standards over the past year, and that doesn’t look like it will change.</p><p><blockquote>如果以最近的历史为指导,沃尔玛将超过这些数字--但这对该股来说还不够好,因为自大流行病开始以来,每次发布财报后,沃尔玛的股价都会下跌。虽然人们对它打破这种格局的希望渺茫,但在过去的一年里,投资者一直将这家零售巨头置于最高标准,而且这种情况似乎不会改变。</blockquote></p><p> It’s hard to overstate how much of a boost Walmart has seen from the Covid-19 pandemic. As an essential retailer, it was able to stay open at the start of the crisis—reaping the benefits as consumers stocked up in anticipation of spending more time at home. And even as restrictions loosened and vaccinations offered a path back to normalcy, Walmart and its large retail peers continued to thrive. Consumers, bolstered by stimulus checks and spending less on dining and travel, were eager to spend throughout much of 2020.</p><p><blockquote>Covid-19 大流行给沃尔玛带来了多大的推动,怎么强调都不为过。作为一家重要的零售商,它能够在危机开始时保持营业——随着消费者预计会在家里度过更多时间而囤积库存,从而获得了好处。即使限制放松,疫苗接种提供了一条恢复正常的道路,沃尔玛及其大型零售同行仍继续蓬勃发展。在刺激支票以及餐饮和旅行支出减少的推动下,消费者渴望在 2020 年的大部分时间里进行消费。</blockquote></p><p> Walmart stock didn’t respond well to those Covid-driven beats, although its shares had a great 2020. Walmart reported its first quarter of 2020, the first reported after Covid lockdowns, in mid-May of that year. The numbers were fine, but the stock dropped 2.1%. The same thing happened in August, when investors fretted that Walmart’s same-store sales were growing at a slower pace than Target’s(TGT), and again in November, when earnings beat expectations but Walmart was rewarded with a falling stock, even if the shares managed to finish 2020 up 21%.</p><p><blockquote>尽管沃尔玛的股价在 2020 年表现出色,但它的股票对 Covid 带来的打击反应并不理想。沃尔玛于当年 5 月中旬公布了 2020 年第一季度的业绩,这是新冠疫情封锁后公布的第一季度业绩。数字不错,但股价下跌了 2.1%。同样的事情发生在 8 月份,当时投资者担心沃尔玛的同店销售额增长速度低于塔吉特百货(TGT);11 月份,沃尔玛的盈利超出了预期,但沃尔玛的股价却下跌了,尽管其股价在 2020 年结束时上涨了 21%。</blockquote></p><p> Not so in 2021. Despite reporting record sales of $152 billion, Walmart missed earnings, and the stock fell 6.5%. Walmart stock is still down 3.2% this year, and that’s even more disappointing when compared with Target, which has gained 20%.</p><p><blockquote>2021年就不是这样了。尽管沃尔玛报告销售额达到创纪录的 1,520 亿美元,但盈利未达预期,股价下跌 6.5%。沃尔玛股价今年仍下跌 3.2%,与上涨 20% 的塔吉特百货相比,这更加令人失望。</blockquote></p><p> On some levels, the comparison between Walmart and Target isn’t an apples-to-apples. With itsoverseas investments and fintech ventures, Walmart is a bigger and more complex company. Target’s smaller size has given it more room to grow, especially as it entered the pandemic fresh off a successful turnaround, pivoting from missteps in its early omnichannel efforts and Canadian expansion. Target’s core customers are slightly wealthier as well, and in turn less dependent on stimulus checks to weather the pandemic.</p><p><blockquote>在某些层面上,沃尔玛和塔吉特百货之间的比较并不是一对一的。凭借海外投资和金融科技企业,沃尔玛是一家更大、更复杂的公司。塔吉特的规模较小,这给了它更大的发展空间,尤其是在它刚刚成功扭亏为盈,摆脱了早期全渠道努力和加拿大扩张中的失误后,就进入了大流行病时期。塔吉特的核心客户也稍微富裕一些,反过来也不太依赖刺激支票来度过大流行病。</blockquote></p><p> That’s cold comfort for investors, however, especially because Walmart stock might struggle to break its post-earnings losing streak. Multiple analysts have warned that membership sign-ups may be lagging at its subscription service Walmart+. Walmart’s lower-income shoppers may also struggle more with inflation pushing up prices for many consumer goods.</p><p><blockquote>不过,这对投资者来说是冰冷的安慰,尤其是因为沃尔玛股价可能难以打破财报后的连跌。多位分析师警告称,其订阅服务 Walmart+ 的会员注册可能滞后。由于通货膨胀推高了许多消费品的价格,沃尔玛的低收入购物者也可能面临更大的困境。</blockquote></p><p> The latest round of government stimulus helped retail sales leap in March to a pandemic-era high, while U.S. consumer confidence reached its highest levels in 14 months in April, and both data points mean increased odds that Walmart could report stronger-than-expected same-store sales, which are predicted to rise 1.1%. The company, however, faces tough year-over-year comparisons after growing same-store sales at a 1.3% clip one year ago. It’s unclear whether investors will reward a beat or punish slower sales.</p><p><blockquote>最新一轮政府刺激措施帮助 3 月份零售额跃升至大流行时代的高点,而美国消费者信心在 4 月份达到 14 个月以来的最高水平,这两个数据点都意味着沃尔玛报告强于预期的可能性增加同店销售额,预计将增长 1.1%。然而,该公司在一年前同店销售额增长 1.3% 后,面临着严峻的同比比较。目前还不清楚投资者是会奖励销售放缓,还是会惩罚销售放缓。</blockquote></p><p> If it’s the latter, the stock could still have an uphill battle after the release—beat or no beat.</p><p><blockquote>如果是后者,该股在发行后仍有可能面临一场艰苦的战斗--要么击败,要么不击败。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/walmart-reports-earnings-tuesday-why-even-a-beat-might-not-help-the-stock-51621203579?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛"},"source_url":"https://www.barrons.com/articles/walmart-reports-earnings-tuesday-why-even-a-beat-might-not-help-the-stock-51621203579?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124436775","content_text":"High standards are great when it comes to running a business. It can be tough for a company reporting earnings, as Walmart will on Tuesday.\nAnalysts are looking for Walmart to earn $1.21 a share on revenue of $132.2 billion for its fiscal first quarter. That compares to per-share earnings of $1.39 last quarter and $1.18 in the year-ago period, and revenue of $134.6 billion a year ago.\nIf recent history is any guide, Walmart will beat those numbers—but that won’t be good enough for the stock, which has dropped following every earnings release since the pandemic started. While there is a slim hope it could break that pattern, investors have held the retail giant to the highest of standards over the past year, and that doesn’t look like it will change.\nIt’s hard to overstate how much of a boost Walmart has seen from the Covid-19 pandemic. As an essential retailer, it was able to stay open at the start of the crisis—reaping the benefits as consumers stocked up in anticipation of spending more time at home. And even as restrictions loosened and vaccinations offered a path back to normalcy, Walmart and its large retail peers continued to thrive. Consumers, bolstered by stimulus checks and spending less on dining and travel, were eager to spend throughout much of 2020.\nWalmart stock didn’t respond well to those Covid-driven beats, although its shares had a great 2020. Walmart reported its first quarter of 2020, the first reported after Covid lockdowns, in mid-May of that year. The numbers were fine, but the stock dropped 2.1%. The same thing happened in August, when investors fretted that Walmart’s same-store sales were growing at a slower pace than Target’s(TGT), and again in November, when earnings beat expectations but Walmart was rewarded with a falling stock, even if the shares managed to finish 2020 up 21%.\nNot so in 2021. Despite reporting record sales of $152 billion, Walmart missed earnings, and the stock fell 6.5%. Walmart stock is still down 3.2% this year, and that’s even more disappointing when compared with Target, which has gained 20%.\nOn some levels, the comparison between Walmart and Target isn’t an apples-to-apples. With itsoverseas investments and fintech ventures, Walmart is a bigger and more complex company. Target’s smaller size has given it more room to grow, especially as it entered the pandemic fresh off a successful turnaround, pivoting from missteps in its early omnichannel efforts and Canadian expansion. Target’s core customers are slightly wealthier as well, and in turn less dependent on stimulus checks to weather the pandemic.\nThat’s cold comfort for investors, however, especially because Walmart stock might struggle to break its post-earnings losing streak. Multiple analysts have warned that membership sign-ups may be lagging at its subscription service Walmart+. Walmart’s lower-income shoppers may also struggle more with inflation pushing up prices for many consumer goods.\nThe latest round of government stimulus helped retail sales leap in March to a pandemic-era high, while U.S. consumer confidence reached its highest levels in 14 months in April, and both data points mean increased odds that Walmart could report stronger-than-expected same-store sales, which are predicted to rise 1.1%. The company, however, faces tough year-over-year comparisons after growing same-store sales at a 1.3% clip one year ago. It’s unclear whether investors will reward a beat or punish slower sales.\nIf it’s the latter, the stock could still have an uphill battle after the release—beat or no beat.","news_type":1,"symbols_score_info":{"WMT":0.9}},"isVote":1,"tweetType":1,"viewCount":917,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":12,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/195164810"}
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