<p>作者：Tomi Kilgore</p>
<p>这家零售巨头在上一季度的盈利表现符合预期，但当前季度的展望低于华尔街的预期。</p>
<p>沃尔玛的股票下跌，投资者对盈利展望表示失望。</p>
<p>在周四早盘交易中，沃尔玛的股票受到打击，因为这家零售巨头报告了两年来关键销售指标的最慢增长，并对当前季度提供了悲观的盈利展望。</p>
<p>沃尔玛（WMT）第一财季的盈利报告令人失望，尤其是与竞争对手塔吉特（TGT）的报告相比。塔吉特在前一天发布的报告中表示销售激增，同时上调了全年增长展望。</p>
<p>沃尔玛的报告还在其 2 月份提到的过去三年中提高盈利指引之后发布。</p>
<p>截至 4 月 30 日的季度，沃尔玛美国门店的可比销售额同比增长 4.1%，与 FactSet 编制的分析师平均预期相符，交易数量增长 3%，平均交易额增加 1.1%。这低于上一季度的 4.6% 增长，是自 2024 年第一季度以来的最慢同比增长。</p>
<p>周三，塔吉特报告可比销售增长 5.6%，是四年来的最快增长。</p>
<p>沃尔玛的股票在盘前交易中下跌 2.6%，足以使道琼斯工业平均指数的早期下跌者中名列前茅。</p>
<p>对于沃尔玛的会员制仓储零售业务山姆会员店，可比销售增长 3.9%，超过 FactSet 的增长共识 3.3%，交易量增长 6.2%，但平均消费额下降 2.2%。</p>
<p>最新季度的总收入增长 7.3%，达到 1777.5 亿美元，超过 FactSet 的共识 1748.9 亿美元，得益于广告业务增长 37%、电子商务销售增长 26% 和会员费收入增长 17.4%。</p>
<p>净收入增长 18.8%，达到 53.3 亿美元，而调整后的每股收益（不包括非经常性项目）为 66 美分，与 FactSet 的共识相符。</p>
<p>展望未来，沃尔玛预计第二季度的调整后每股收益为 72 美分至 74 美分，低于当前 FactSet 的共识 75 美分。该公司维持全年指导区间为 2.75 美元至 2.85 美元。</p>
<p>周三，塔吉特表示预计其全年每股收益将在之前提供的指导区间的高端。</p>
<p>截至周三，沃尔玛的股票在 2026 年上涨了 17.5%，而塔吉特的股票上涨了 25.2%，标准普尔 500 指数（SPX）上涨了 8.6%。</p>
<p>-Tomi Kilgore</p>
<p>此内容由 MarketWatch 创作，MarketWatch 由道琼斯公司运营。MarketWatch 与道琼斯新闻通讯和《华尔街日报》独立出版。</p>
<p>（完）道琼斯新闻通讯</p>
<p>05-21-26 0829ET</p>

塔吉特

沃尔玛

日常消费品 ETF - SPDR

美国消费品 ETF - iShares

在线零售 ETF - ProShares

电子商务 ETF - GlobalX

标普零售指数 ETF - SPDR

零售业 ETF - VanEck Vectors

线上零售 ETF - Amplify

<p>沃尔玛销售增长放缓，并警告利润可能不达标，与竞争对手塔吉特形成对比</p>

<p>By Tomi Kilgore</p>
<div class="lb-trans"><p>作者：Tomi Kilgore</p>
</div><p>Retail behemoth matched expectations for earnings in the previous quarter, but the current-quarter outlook is below Wall Street projections</p>
<div class="lb-trans"><p>这家零售巨头在上一季度的盈利表现符合预期，但当前季度的展望低于华尔街的预期。</p>
</div><p>Walmart's stock falls as investors express disappointment in the earnings outlook.</p>
<div class="lb-trans"><p>沃尔玛的股票下跌，投资者对盈利展望表示失望。</p>
</div><p>Shares of Walmart took a hit in early Thursday trading after the retail behemoth reported the slowest growth in a key sales metric in two years and provided a downbeat profit outlook for the current quarter.</p>
<div class="lb-trans"><p>在周四早盘交易中，沃尔玛的股票受到打击，因为这家零售巨头报告了两年来关键销售指标的最慢增长，并对当前季度提供了悲观的盈利展望。</p>
</div><p>Walmart's (WMT) fiscal first-quarter earnings report came as a disappointment, particularly compared with those of rival Target (TGT). Released the day before, Target said sales surged, while raising its full-year growth outlook.</p>
<div class="lb-trans"><p>沃尔玛（WMT）第一财季的盈利报告令人失望，尤其是与竞争对手塔吉特（TGT）的报告相比。塔吉特在前一天发布的报告中表示销售激增，同时上调了全年增长展望。</p>
</div><p>Walmart's report also comes after it noted in February that over the previous three years, it had raised its earnings guidance.</p>
<div class="lb-trans"><p>沃尔玛的报告还在其 2 月份提到的过去三年中提高盈利指引之后发布。</p>
</div><p>For the quarter to April 30, comparable sales for Walmart U.S. stores, or sales in stores open at least a year, rose 4.1% from a year ago, matching the average analyst estimate compiled by FactSet, as the number of transactions was up 3% and the value of the average transaction increased 1.1%. That was down from a 4.6% rise in the previous quarter, and was the slowest year-over-year growth since the first quarter of 2024.</p>
<div class="lb-trans"><p>截至 4 月 30 日的季度，沃尔玛美国门店的可比销售额同比增长 4.1%，与 FactSet 编制的分析师平均预期相符，交易数量增长 3%，平均交易额增加 1.1%。这低于上一季度的 4.6% 增长，是自 2024 年第一季度以来的最慢同比增长。</p>
</div><p>On Wednesday, Target reported comparable sales growth of 5.6%, the fastest growth in four years.</p>
<div class="lb-trans"><p>周三，塔吉特报告可比销售增长 5.6%，是四年来的最快增长。</p>
</div><p>Walmart's stock slumped 2.6% in premarket trading, enough to pace the Dow Jones Industrial Average's DJIA early decliners.</p>
<div class="lb-trans"><p>沃尔玛的股票在盘前交易中下跌 2.6%，足以使道琼斯工业平均指数的早期下跌者中名列前茅。</p>
</div><p>For Walmart's membership-based warehouse retail business, Sam's Club, comparable sales grew 3.9%, beating the FactSet growth consensus of 3.3%, as transactions rose 6.2% but average ticket fell 2.2%.</p>
<div class="lb-trans"><p>对于沃尔玛的会员制仓储零售业务山姆会员店，可比销售增长 3.9%，超过 FactSet 的增长共识 3.3%，交易量增长 6.2%，但平均消费额下降 2.2%。</p>
</div><p>Total revenue for the latest quarter rose 7.3% to $177.75 billion, above the FactSet consensus of $174.89 billion, boosted by a 37% jump in its advertising business, 26% growth in e-commerce sales and 17.4% rise in membership-fee revenue.</p>
<div class="lb-trans"><p>最新季度的总收入增长 7.3%，达到 1777.5 亿美元，超过 FactSet 的共识 1748.9 亿美元，得益于广告业务增长 37%、电子商务销售增长 26% 和会员费收入增长 17.4%。</p>
</div><p>Net income was up 18.8% to $5.33 billion, while the adjusted earnings per share, which excludes nonrecurring items, of 66 cents matched the FactSet consensus.</p>
<div class="lb-trans"><p>净收入增长 18.8%，达到 53.3 亿美元，而调整后的每股收益（不包括非经常性项目）为 66 美分，与 FactSet 的共识相符。</p>
</div><p>Looking ahead, Walmart expects adjusted EPS for its second quarter of 72 cents to 74 cents, below the current FactSet consensus of 75 cents. The company maintained its full-year guidance range of $2.75 to $2.85.</p>
<div class="lb-trans"><p>展望未来，沃尔玛预计第二季度的调整后每股收益为 72 美分至 74 美分，低于当前 FactSet 的共识 75 美分。该公司维持全年指导区间为 2.75 美元至 2.85 美元。</p>
</div><p>On Wednesday, Target said it expected its full-year EPS to be at the high end of its previously provided guidance range.</p>
<div class="lb-trans"><p>周三，塔吉特表示预计其全年每股收益将在之前提供的指导区间的高端。</p>
</div><p>Walmart's stock has rallied 17.5% in 2026 through Wednesday, while Target shares have run up 25.2% and the S&amp;P 500 index SPX has gained 8.6%.</p>
<div class="lb-trans"><p>截至周三，沃尔玛的股票在 2026 年上涨了 17.5%，而塔吉特的股票上涨了 25.2%，标准普尔 500 指数（SPX）上涨了 8.6%。</p>
</div><p>-Tomi Kilgore</p>
<div class="lb-trans"><p>-Tomi Kilgore</p>
</div><p>This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.</p>
<div class="lb-trans"><p>此内容由 MarketWatch 创作，MarketWatch 由道琼斯公司运营。MarketWatch 与道琼斯新闻通讯和《华尔街日报》独立出版。</p>
</div><p>(END) Dow Jones Newswires</p>
<div class="lb-trans"><p>（完）道琼斯新闻通讯</p>
</div><p>05-21-26 0829ET</p>
<div class="lb-trans"><p>05-21-26 0829ET</p>
</div>

Walmart sees slowing sales growth and warns of a profit miss, in contrast to rival Target

- 沃尔玛报告第一季度财报，盈利前景低于华尔街预期。  
- comparable sales 同比增长 4.1%，为近两年来最低。  
- 股价下跌 2.6%，因投资者对盈利预期失望。

沃尔玛预计销售增长将放缓，并警告利润可能不达预期，这与竞争对手塔吉特形成鲜明对比