How Walmart’s Stock Has Performed Year-to-Date
Walmart (WMT) stock is up 15.1% on a YTD (year-to-date) basis as of September 22, 2017.
Walmart (WMT) is testing a new delivery service where the company will deliver items directly to a customer’s fridge.
Target (TGT) announced that it’s expanding its popular Restock pilot program to eight new markets that will cover about one-fifth of the total US population.
The majority of analysts covering Conagra Brands’ (CAG) stock continue to have a positive outlook on the stock.
Conagra Brands (CAG) has been reporting stellar margins despite lower sales.
Analysts expect Conagra Brands (CAG) to report sales of $1.8 billion in fiscal 1Q18, down 33% on a YoY (year-over-year) basis.
Conagra Brands (CAG) is set to report its fiscal 1Q18 results on Thursday, September 28, 2017.
Conagra stock is down about 15.5% on a YTD (year-to-date) basis as of September 21, 2017.
After General Mills reported sluggish fiscal 1Q18 results, several analysts lowered their target prices for the stock. Barclays reduced its target price on GIS stock to $55 from $59.
General Mills’ (GIS) fiscal 1Q18 margins marked a significant decline as lower volumes and increased costs took a toll on its profitability.
General Mills (GIS) continues to struggle in North America as lower volumes in yogurt and cereals continue to be a drag.
General Mills (GIS) continues to disappoint on the top line. The company’s sales of $3.8 billion fell short of analysts’ estimate and fell 4.0% YoY (year-over-year).
General Mills (GIS) reported lower-than-expected fiscal 1Q18 bottom line results on September 20, 2017. Its adjusted earnings of $0.71 per share missed analysts’ estimate.
After General Mills (GIS) reported sluggish fiscal 1Q18 results, GIS stock fell 5.8% before closing at $52.17 on September 20, 2017.
The majority of analysts providing ratings on Walmart (WMT) continue to maintain a neutral outlook on the stock.
Walmart (WMT) continues to generate improved comps and traffic in its US (SPY) segment thanks to the company’s value pricing, multi-channel offerings, and strong digital performance.
In a short timespan, Walmart (WMT) has added several customer-friendly services that are helping it gain market share in the grocery segment despite heightened competition.
Adding to its array of services that save customers time and money, Walmart announced yesterday that it’s expanding its online grocery pickup service to EBT (or electronic benefit transfer) customers.
SJM stock has fallen ~13.3% YTD as of September 18, 2017, primarily due to the company’s sluggish fiscal 1Q18 results and tepid outlook.
Given J.M. Smucker’s (SJM) dismal start to the year and its tepid outlook, several analysts have reduced their target prices on the stock.