WMT · News · 20261022N
Grocery Competition and Market Share
Walmart Inc. · 2026-10-22 · Importance 26 · Surprise 24 · No source text
Kroger plans to invest $5 billion through 2029 in price reductions and related initiatives to regain grocery market share from Walmart and Costco. The effort is being funded partly through corporate cost savings and job reductions, while Kroger also plans to open 110 new Fresh-format stores. The strategy increases competitive pressure on Walmart’s grocery pricing, store expansion and value proposition in the U.S.
Key facts
- The Zacks Consensus Estimate projects Walmart net sales of $186.46 billion for the upcoming quarter, up 3.88% from the year-ago period. source
- Analysts predict Walmart to post an EPS of $0.64 for the upcoming quarter, a 3.23% growth compared to the equivalent quarter last year. source
- Walmart is scheduled to release its earnings on November 19, 2026. source
- Walmart ended a recent trading session at $121.12, a +2.82% change from the preceding day's closing price. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | contingent | +0.6% | The Zacks Consensus Estimate projects Walmart net sales of $186.46 billion for the upcoming quarter, up 3.88% from the year-ago period. |
| net_income | positive | contingent | — | Analysts predict Walmart to post an EPS of $0.64 for the upcoming quarter, a 3.23% growth compared to the equivalent quarter last year. |