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    Walmart (WMT) Kicks Off Busy Stretch of Retail Earnings

    by Karee Venema Aug 16, 2021 3 minutes

    Retail results start to roll in this week, with heavyweight Walmart's (WMT, $150.80) earnings kicking things off bright and early Tuesday morning.

    Given WMT's standing in the retail space, its quarterly results will give Wall Street a closer look at consumer behavior over the May-July period – a stretch of time that included the first batch of monthly child tax credit payments.

    In May, the big-box retailer reported stronger-than-anticipated adjusted earnings per share (EPS) and revenues, thanks in part to the third round of stimulus checks sales were also a strong part of Walmart's first-quarter earnings report, surging 37% year-over-year (YoY) – even amid tough comparisons from the onset of the pandemic.

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