Walmart Reports Earnings Next Week. Here’s What to Expect.

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Shopping carts sit in the parking lot of a Walmart store Scott Olson/Getty Images

Walmart has been a winner in 2020, and its fiscal third-quarter earnings, due out on Tuesday morning, will be another chance for the retail giant to show it is continuing to win over customers during the Covid-19 pandemic.

Walmart (ticker: WMT) stock is up nearly 25% year to date, rising to record highs recently as it benefits from the crisis. As an essential retailer, it has been able to stay open throughout coronavirus-related lockdowns, while shoppers’ efforts to take fewer trips mean that they are spending more on discretionary items on their visits.