- Walmart is scheduled to report its Q2 earnings before the market opens this Thursday.
- The market expects Walmart's revenue to grow 5.3% year on year, matching analysts' steady estimates over the past 30 days.
- Walmart heads into the earnings report with a share price of $115.53 and an average analyst price target of $137.93.
- The Manufacturers Life Insurance Company increased its position in Sprouts Farmers Market, Inc. by 21.0% during the 1st quarter, holding 68,612 shares valued at $5,292,000.
- Sprouts Farmers Market reported Q2 earnings of $1.37 per share, outperforming consensus estimates and generating $2.33 billion in quarterly revenue.
- Institutional investors, hedge funds, and corporate insiders actively adjusted their stakes, while market analysts maintained an average Hold rating with a $91.58 average price target.