Tag Archives: Pandemic

Walmart and Target in focus

Walmart and Target is in focus for me this week. Two corporations in the same business but also very different. Walmart is a giant while Target is smaller with more growth potential. Walmart will report earnings on Tuesday before the market opens. Target on Wednesday.

Walmart`s EPS forecast for the quarter is $1,21. The reported EPS for the same quarter last year was $1,18. The consensus EPS forecast for Target`s quarter is $2,11 vs $0,59 for the same quarter last year.

The numbers for Target looks better than the giant Walmart, but the number as a whole will also give us more information about the consumer spending during the Covid-19 pandemic recovery.

Photo by Oleg Magni on Pexels.com

Walmart has been one of the big winners thanks to the pandemic, and reported record fourth-quarter and fullyear sales in February. However, the momentum slowed down in the first three months of the year. So, two more rounds of direct checks to most Americans didn`t help this time.

Analysts expect to see Walmart`s revenue dip 2% but earnings to rise by 4%. The company has been shelling out additional capital to raise wages for workers and build out its relationships with shoppers.

Walmart will spend nearly $14 billion in the current fiscal year to build out supply chain capacity and automation to keep pace with demand. Investors will look at Walmart`s newer initiatives in this week`s earnings report.

Target is smaller but grow faster. The company is expected a growth of 10,1% from the prior-year reported figure. It`s also estimated a big jump for Target`s earnings on Wednesday. EPS has risen to $2,11 which is a sharp improvement from 59 cents from a year ago.

Target is also one of the biggest winners during the pandemic, and its one-stop shopping destinations has been a big success. Same-day delivery of in-store purchases and fast track technology improvements has also been a great success for Target.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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A fight of “all against all” means the end of our civilization

Nobody expected Putin to show up at the World Economic Forum this time. Putin`s virtual address at the WEF was unexpected. But, they’re all there to make a better world and Putin warned that the coronavirus pandemic has exacerbated preexisting global problems and imbalances.

All these problems can come out of control, and these could deteriorate to a point where there is a fight of «all against all.» «We have every reason to believe that the tensions might be aggravated even further,» Putin warned.

Not only that. Putin also said that the times we are living in right now is similar to the ’30s, and I think he is so right. This is what I have pointed out for a very long time now. Just take a look at the history.

It`s similar to when it comes to the scale and scope of what he called systemic «challenges and potential threats.» Putin said the crisis had increased social stratification, populism, right- and left-wing radicalism, adding that domestic political processes were becoming more violent.

«All of this cannot but impact international relations, making them less stable and predictable,» Putin said.

«In the 20th century, the failure and inability to centrally resolve such issues resulted in the catastrophic World War II. Of course, nowadays such a heated conflict is not possible, I hope that it`s not possible in principle, because it would mean the end of our civilization.

But I would like to reiterate, that the situation might develop unpredictably and uncontrollably if we will sit on our hands doing nothing to avoid it.

And there is a possibility that we may experience an actual collapse of global development that might result in a fight of all against all,» Putin said.

Putin and Biden had a meeting on the phone on Tuesday. They come to an agreement to extend their current nuclear arms pact, the NEW START treaty, for another five years.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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