Watch: Here's Where Walmart's Quarter May Have Let Investors Down
Did Walmart deliver enough?

Investors may choose to look beyond Walmart's (WMT) earnings beat and zero in on several areas of concern.

The world's largest retailer beat Wall Street's first quarter earnings estimates by 2 cents a share on Thursday. Shares were relatively unchanged in pre-market trading. 

But there weak spots that include:

  • Walmart U.S. same store sales rose 2.1%, below analyst forecasts for 2.5% growth. 
  • Gross profit margin at Walmart's U.S. business fell 23 basis points from the prior year amid investments in eCommerce and lower prices. 
  • Gross profit margin at Sam's Club also fell 23 basis points owing to inflationary pressures and actions taken to drop prices.

Watch more analysis below. 

You feeling that Walmart quarter? $WMT https://t.co/M9yBUINWSe

— Brian Sozzi (@BrianSozzi) May 17, 2018

More from Stocks

Kohl's Slumps on Tuesday Amid Weak Guidance, Retail Selloff

Kohl's Slumps on Tuesday Amid Weak Guidance, Retail Selloff

Chart of the Day: Is Kohl's a Playable Stock on a Pullback?

Chart of the Day: Is Kohl's a Playable Stock on a Pullback?

Tuesday Turnaround: This Market Is Un-Bear-Able

Tuesday Turnaround: This Market Is Un-Bear-Able

Federated Investors Stock Is Set to Change Direction

Federated Investors Stock Is Set to Change Direction

Market Movers: Federal Reserve Review

Market Movers: Federal Reserve Review