20/10/2022 09:39

Has Metcash’s solid trading update laid the foundations for the supermarkets?

Most people have started to feel the pinch of rising interest rates combined with the general cost of living but as we all know people need to eat and shop at supermarkets, they are not destinations of discretionary spending except for the quality/cost of individual items chosen – more expensive options generally have higher margins. Operationally these...

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17/08/2022 09:22

What can we learn from the world’s biggest retailer – Walmart (WMT US)?

With a market capitalization of US$382bn, Walmart has a huge operation with exposure to a broad cross-section of America, its customer base looks very much like the US population. They reported quarterly earnings overnight that were better than expected and the stock rallied, but more importantly, it is another piece of evidence that suggests things are improving in the US, and this has positive ramifications for Australia.

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27/07/2022 09:28

Walmart In (WMT US)

Walmart (WMT US) has corrected 27% from its 2022 but the downside momentum both in terms of downgrades and share price looks to have further to play out i.e. no hurry to start accumulating.

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25/05/2022 09:20

Walmart (WMT US) $US124.13

Last week we saw US retailer Target (TGT US) plunge 25% on inflation fears leading to its first-quarter profit halving as the company warned of a larger margin hit due to rising fuel and freight costs – the stock fell the most since the “Black Monday” crash of 1987. Similarly Walmart (WMT US) posted its worst day in 35-years after posting a disappointing earnings report primarily being pressured by rising cost of labour and shipping.

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