Walmart Inc. (WMT) shares increased by 3%, closing at $117.97, amid higher trading volume. This uptick contrasts with a 1.9% loss over the past month and reflects growing confidence driven by e-commerce growth and market-share gains. The company is expected to report quarterly earnings of $0.72 per share, a 9.1% year-over-year increase, and revenues of approximately $189.84 billion, marking a 5.1% rise from the previous year.
In comparison, Kroger Co. (KR) saw its shares close up by 2.7% at $61.11, with a year-over-year earnings expectation of $1.20 per share, reflecting a 5.3% increase. Both Walmart and Kroger hold a Zacks Rank of #3 (Hold).
