Earnings Outlook: Walmart earnings: Expectations for e-commerce growth are sky-high

Walmart Inc., which reports fiscal third-quarter earnings on Thursday before the bell, is bringing together a variety of services and shopping experiences to create a new kind of retail experience, analysts say.

Cowen analysts, writing after last month’s investment community meeting, said the retail giant is using its scale, global growth potential, e-commerce focus and Neighborhood Markets to its advantage. Its 4,700-plus U.S. locations, once seen as a drag, are now an asset.

“In Cowen’s view the Walmart brand is at the center of a new ecosystem which integrates shipping, services, health and wellness, and first party and marketplace e-commerce,” analysts led by Oliver Chen wrote in a note.

>>> Original Source <<<