Walmart Stock: Dow Retail Giant And Nation's Largest Grocer Has Earnings Due

Walmart is set to release its fiscal first-quarter earnings early Thursday, following a cautionary signal from Home Depot about a consumer pullback. Analysts anticipate a 7% increase in Walmart's earnings to 53 cents per share, with revenue expected to grow by 5% to $159.51 billion. Walmart's stock, showing a shallow double-bottom base, was slightly down Wednesday, trading near a buy point. The report will further illuminate trends in consumer spending amid economic pressures, particularly for lower-income shoppers.