WalmartBefore the bell Tuesday, it will release its fiscal third quarter results. Expect the retail giant to give clues as to how the holiday season will be shaping up.

According to Refinitiv consensus estimations, here’s what Wall Street expects for this three-month period:

• Adjusted earnings per share at $1.40
• Revenue: $135.60Billion

Walmart is one of many retailers who saw consumers purchase more products and make more purchases online in the wake of the pandemic. The U.S. has seen a rise in e-commerce sales. grew by nearly 80%The most recent fiscal year ended January 31. The country’s biggest grocer in terms of revenue lost market share as shoppers chose supermarkets for convenience and lower prices.

This trend is reversing as Americans regain old habits and are now in sticker shock. Walmart reported that it increased its sales in the second quarter. was gaining ground again in its grocery business.According to the company, it is chartering ships of its own in order to expedite inventory arrivals amid jammed ports. It’s stretching out its Black Friday dealsAll month long, November Walmart also believes that shoppers will purchase the items. buy holiday gifts earlier than usualFears about toys, and other wanted items, running out, or being stuck at ports.

Walmart is a major retail company, so it may be more able absorb the higher cost of goods and negotiate with suppliers to find solutions. Its competitors, however, pay much less for labor, shipping, or other services.

Inflation could work in the favor of the discounter.

Matt Maley, Miller Tabak’s chief market strategist on CNBC’s, said, “If people worry about inflation, it’s just going to drive more people to Walmart stores whose prices can be a bit lower so they could make a lot of money,” Matt Maley stated.Trading Nation.”

Investors are also likely to listen out for any updates regarding the company’s efforts to make money in new waysWalmart+ is expanding its advertising business and encouraging more customers to sign up to its subscription service. Walmart encourages consumers to sign-up during holidays giving members early access to holiday sales.

Walmart shares were up about 2 percent this year as of Monday’s closing. Walmart’s market capitalization has risen to $409.66 million with shares closing down by less than 1 percent Monday at $146.91

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