Walmart Inc. (NYSE:WMT) is one of the top consumer defensive stocks to buy now. On April 2, Erste Group upgraded Walmart Inc. (NYSE:WMT) to a Buy from a Hold, impressed by the company’s fourth-quarter performance and guidance.
The company delivered strong revenue growth, up 5.6% to $190.7 billion. The growth was driven by a 24% increase in global commerce sales, while the global advertising business grew 37%. The company also posted earnings per share of $0.74. The giant retailer expects its first-quarter sales to increase by between 3.5% and 4.5%, and its operating income to increase by between 4% and 6%. Adjusted earnings per share are expected at between $0.63 and $0.65.
Erste Group is optimistic that Walmart will exceed its own earnings forecast. The optimism stems from the fact that the company is experiencing growth in consumer transactions, led by digital and broad-based share gains. The company also experienced significant growth in advertising.
On the other hand, Da Davidson expects Walmart to be one of the beneficiaries of a strong tax refund season since 2013. Through March 27, the IRS had received 63 million returns representing over 40% of the 145.9 million filed in 2025.
Walmart Inc. (NYSE:WMT) is a massive multinational retail corporation operating a tech-powered omnichannel model across hypermarkets, discount department stores, and grocery stores worldwide. It focuses on providing affordable goods and operates through the Walmart U.S., Walmart International, and Sam’s Club divisions. The company also generates revenue via e-commerce, advertising, and fulfillment services.
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