$WMT Walmart Tape Reports
Per Ticker.id: $WMT Walmart Tape Reports — 252 podcast mentions across 28 podcasts (30 days), latest 2026-08-26 18:00 UTC.
Yeah, and Scott, that leads me actually like perfectly into my next question. The S&P 500, you know, initially rallied last week. The Treasury would kind of ramp up their long bond buybacks, but then reversed as the 30-year yields climbed again on inflation worries. We had Walmart's worst week since 2022, adding to this unease. And then even other retailers like, you know, TJ Maxx, despite my wife's best efforts, you know, also slid 7%. So how much of last week's volatility was really about the Fed versus kind of a genuine repricing of consumer inflation risks?
Jeff Preason — IBKR Podcasts · Is Nvidia More Important Than the Fed Right Now? · 2026-08-26I think it was really about 50/50, to be honest. You know, that initial pop that we saw after the news came out, the initial pop in bonds and rates going down, you know, I think after that was digested in the news, the market said, yeah, maybe that's really not going to work. And as the yields started to climb again and, you know, then like you said, we got that Walmart report. I think there's some definite pressure on there, on the consumer. You know, we've talked a while for the consumer trading down, meaning that some of the, the lower cost retailers like a Target, a Walmart, a TJX, that that's the place they're going to. But, you know, then we get what happened last week here. So I think overall we've got to be very, very careful on how the consumer feels and what their retail spending is like.
Scott Bauer — IBKR Podcasts · Is Nvidia More Important Than the Fed Right Now? · 2026-08-26All right, Contessa, our thanks. Abercrombie, the latest retailer seeing some huge swings post results, although this one's to the upside. One of its best days, maybe the second best day on record. The key consumer takeaways from that report so far with one longtime industry executive coming up. Welcome back. A number of big moves in retail today following yesterday's big drop for Dick's Sporting Goods. Today, it's Abercrombie surging this morning. About 30-plus percent after a beat and raise. Williams-Sonoma pulls back despite a solid print. Joining us this morning to talk more about the winners and losers is Jerry Storch, former chairman and CEO of Toys R Us, former Target vice chair and current Storch Advisors CEO. Jerry, welcome back. Good to have you. Just making notice, making note of some of the outsized gains or losses between, let's say, Walmart and Dick's. In this case today, Abercrombie. People were pointing out Victoria's Secret up as multiple, multiple of its levels a year ago. Is this about share versus volume overall?
Carl Quintanilla — Squawk on the Street · 10AM Hour: Nvidia Ahead, Meta Settles, & PCE Comes In Hot 8/26/26 · 2026-08-26No, absolutely. I think consumer tastes change. You know, sneakers were the biggest must-have discretionary item. They're simply not that anymore. We'll see when Best Buy reports. Is some of that discretionary purchasing gone to electronics? You know, maybe it has. You know, people change and whoever's winning changes. Walmart has been a fantastic player, for example. They've done amazing in their business. And yet when the report came out, they were down 9% in one day, one of the worst days in Walmart stock's history. Meanwhile, Target, which has been beaten down terribly and actually underperformed for a long time, is doing a much better job this year, and they're up something like 60% this year. And their stock, of course, was up sharply on their results last week. TJX, one of the, one of the big winners consistently year over year over year, came out with a report that wasn't that bad, but their stock went down. Meanwhile, Ross Stores, their big competitor, had over a 10% same-store sales gain and their stock shot up, you know, so, so the consumer is there, they're shopping. There's no doubt retail sales in July were up 5% year over year. The consumer is not sick, but they're choosy. They want value. And for discretionary items, they want innovation. And innovation is not there. They are not buying.
Jerry Storch — Squawk on the Street · 10AM Hour: Nvidia Ahead, Meta Settles, & PCE Comes In Hot 8/26/26 · 2026-08-26No, I think when all is said and done, you're not going to believe this, but I think tariffs has ended up being good for retailers. That's because last year they were very disruptive, but they took prices up to some degree, of course, and they paid the tariffs. This year they're not going to take the prices down, trust me. And they're getting the tariffs back. And so those are coming in, particularly this quarter, as giant gains on the gross margin line. We certainly saw this in many retailers that reported last week and this week, and prices are not going to go down. I know that, you know, Walmart says they're going to try to reinvest some of it and all that, but that just means that prices won't go up as much as they were going to. And so I think we're going to see that whatever— it's consistent with every everything with inflation, whatever ground is taken away by inflation and rising prices, it almost never goes down. It's just a question of how much it goes up from there.
Jerry Storch — Squawk on the Street · 10AM Hour: Nvidia Ahead, Meta Settles, & PCE Comes In Hot 8/26/26 · 2026-08-26Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. It's good to be here with you on this Wednesday, August 26th. I'm Julie Morgan. Target fell nearly 4% on Tuesday after the retailer pulled a controversial Halloween costume. The product, sold as the Kids' Glows Under Blacklight Circus Clown Halloween Costume, prompted backlash on social media as some consumers said it resembled a racist caricature evocative of minstrel shows. Target issued an apology, saying in part, "We know this is especially hurtful for our Black guests, team members, and partners." In an internal email viewed by Reuters, the chief merchandising officer echoed Target's public apology, telling employees the item "never should have been in our assortment" and that the company would "learn from this and do better." An analyst with Morningstar said the share drop reflected the fragility of Target's competitive positioning. Noting that it relies on consumer relations and shopping experience to compete with retailers like Walmart and Costco that win on price. SpaceX plans to develop a $100 billion Starship launch and production complex on about 125,000 acres near Pecan Island, Louisiana. Starbase Louisiana is expected to include 5 launch complexes with 2 pads each, along with propellant production, power generation, vehicle processing, and employee housing. Construction is scheduled to begin in 2027, with the first launch targeted for 2029. The $100 billion project will give SpaceX another base for Starship operations, alongside its existing South Texas site and a planned facility at Cape Canaveral, Florida. The Louisiana location would support southbound launches over the Gulf of Mexico and missions into near-polar orbits. According to the president of SpaceX, the project could create 3,000 to 10,000 jobs. The company and Louisiana also plan to restore coastal wetlands and protect wildlife around the site, which previously belonged to ExxonMobil before being returned to the state through a legal settlement. And something that continues to show up on our list of trending topics: Walmart has added a contactless payment system including Apple Pay at select stores and Sam's Club locations. It rolled out earlier this week with further expansion planned for later this year. Tap to Pay at Walmart will allow shoppers to hold a credit card, phone, or smartwatch near a card reader to send payment data instantly without swiping or inserting a credit or debit card.
Julie Morgan — Wall Street Breakfast · Bullseye misses the mark · 2026-08-26While other retailers embraced Apple Pay for contactless checkout, Walmart opted to stick with its own QR code-based system, Walmart Pay. Now for a look at a few other articles that are trending: Bill Gates reportedly seeks a meeting with China's Xi Jinping to discuss risks of AI. Dick's Sporting Goods plunges 31% after an earnings miss. And AI mania makes room for the debasement trade. On our Catalyst Watch for the Day: The public expo for the Gamescom conference in Cologne, Germany begins. Participants include Microsoft's Xbox, Nintendo, Electronic Arts, and Sega. Harry Styles' Together Together residency at Madison Square Garden begins. Madison Square Garden Entertainment is expected to see a notable revenue boost from the 30-show run. And NVIDIA will hold its earnings call at 5 PM. Options trading implies a share price move of 6% after the report is released. The tech stocks with the closest trading correlation with NVIDIA after earnings have been Marvell Technology, Micron, Arm, and Advanced Micro Devices. If you're looking for a preview of NVIDIA earnings, check out today's edition of the Wall Street Breakfast newsletter. A link to sign up is in the show notes section. On Wall Street, stock index futures are in mixed territory. Crude oil is down 2.7% at $80 a barrel. Brent crude is down 2.8% at $86. The FTSE 100 is little changed and the DAX is up 0.1%. Intuit is on our list of the biggest movers. Intuit, Inc. is down 11.7% after the parent of Credit Karma, TurboTax, and Mailchimp issued fiscal year 2027 and fiscal Q1 guidance far below the consensus estimate. And on today's economic calendar, another busy one. At 8:30 AM, GDP. Also at 8:30 AM, Personal Income and Outlays. At 10:30 AM, EIA Petroleum Status Report. And at 11:00 AM, Survey of Business Uncertainty. That's it for today's Wall Street Breakfast. Thanks for listening! To take full advantage of Seeking Alpha, join the highest quality community of real investors. Investors discussing stocks and ETFs at seekingalpha.com/subscriptions. I'm your host, Julie Morgan. Go out and make it a great day.
Julie Morgan — Wall Street Breakfast · Bullseye misses the mark · 2026-08-26Yeah, I mean, it could be quieter. It could— let's pretend that the drama is night and the— and all the anger and everything is— which is— I'm not saying it's not valid, it's just there. But let's pretend that that's 50% 50% is reality. So it's not quite as noisy as everybody says. It's not quite the negative impact as everybody says. And then we settle in and your house actually brings about, about what it's brought right before all this was announced. The problem is if you sell your house now, someone buying it is buy— is going to discount it based on the drama, not based on the reality. And we don't know. The reality could be worse. The reality could be better than the discussion. Does that make sense? Yeah, yeah, it does. In my experience, these things are not usually as bad as whatever these things are, but I mean, a negative impact to a piece of property is not nearly as bad as everybody thought it was going to be. So I had an experience. We owned a piece of property and the HOA was all up in arms. They were putting a Walmart down the street, about 4 or 5 pieces of property away. It was a commercial piece of property. It was zoned for retail. Walmart didn't do anything wrong. They just put a Walmart where Walmarts go. And everybody's like, "Oh God, the neighborhood's gonna fail. It's gonna lose 50%." A year and a half later, the neighborhood was up. In other words, it had no effect. Wow. Except all the drama and the yelling and the screaming and the picketing and all the stuff around it. And if you had sold it to one— when the picketers are out there, that's, you know, you'd have given your stinking house away for no reason because 18 months later, after all the— everybody's pulse rate went down, there was net, net, net, no effect. Now, I'm not saying that's the truth about a data center. I don't know.
Dave Ramsey — The Ramsey Show · Quit Paying for Yesterday's Mistakes · 2026-08-26