As earnings season continues, Walmart (WMT), Amazon (AMZN), and Home Depot (HD) are in the spotlight, according to a Zacks Earnings Preview. These major retailers are set to release their latest financial results, providing insights into consumer spending and the overall economic landscape.
Walmart is scheduled to release its first-quarter fiscal 2026 earnings on May 21. Market consensus expects revenue of approximately $174.57 billion, a 5.36% year-over-year increase, and earnings per share (EPS) of $0.66, up 7.9% year-over-year. Investors will be watching same-store sales growth, the performance of Walmart's advertising and membership businesses, and any guidance from the new CEO. Walmart has consistently surpassed EPS estimates, doing so three out of the last four quarters.
Amazon reported its most recent earnings on April 28, with an EPS of $2.78, exceeding analysts' expectations by 69.51%. The company's net sales for the quarter reached $181.5 billion, a 17% increase year-over-year. Amazon Web Services (AWS) revenue grew 28% to $37.6 billion. The next earnings report is expected on July 30, with analysts projecting an EPS of $1.82.
Home Depot is set to release its Q1 fiscal 2026 earnings on May 19. Consensus estimates point to earnings per share of around $3.41 on revenue of approximately $41.5 billion. Market watchers will be paying close attention to the mix of professional versus do-it-yourself sales, as well as big-ticket category performance, to gauge the impact of interest rates and renovation demand. The company's expansion of its Pro ecosystem is also a key area of interest.
