new york walmart inc is expected to show a steady rise in gross margins and revenue when it reports firstquarter results on tuesday as price conscious shoppers feeling the strain of persistent inflation increase visits to the lowcost retailer walmart has averaged a 49 increase in monthly visits since the start of 2022 compared to the same period in 2021 placerai data showed despite supply chain challenges and pricier fuel that have led shoppers to make fewer grocery store trips analysts have also been upbeat about walmarts ability to diversify its revenue base through advertising and to keep prices low when compared with rivals that are struggling advt what we found is pricing is still lowest at walmart and theyve done a very good job of keeping prices low to maintain and widen the price gaps with the competition and providing the best value for the consumer even in an inflationary environment telsey advisory group analyst joseph feldman said guggenheim analysts said walmart is a top pick during inflationary times in a note on monday we believe walmart will continue to deliver impressive top and bottomline performance amidst the evolving pandemic environment regardless of tougher consumer spending patterns investors are already piling in walmarts stock is up about 2 on the year to friday in contrast to the sp 500s nearly 16 decline grocery prices shot up 108 in april the largest yearoveryear jump since 1980 while the cost of a gallon of gas fell 61 but was still up nearly 44 from a year ago walmart chief financial officer brett biggs in march said that consumers were keeping their eyes on inflation and that rising fuel prices would cause consolidation in shopping trips youll tend to see fewer trips youll tend to see bigger baskets which again bigger baskets is really our sweet spot biggs said at a bank of america conference refinitiv estimates the bentonville arkansasbased retailer will eke out gross margins of 2455 in the quarter up from 2443 in the previous quarter with revenue rising 04 to 138883 billion earnings per share are estimated to be 148 down from 169 last year advt walmart stands to benefit from increasing trip consolidation a healthy price gap to national chains and accelerating inflation trends gordon haskett analyst chuck grom said the company has set its sights on growing its 1299amonth walmart plus membership to challenge amazons prime priced at 1499 monthly walmart plus which launched in september 2020 offers delivery services and gas discounts but is still struggling to make ground against amazon a recent report by emarketer citing bizrate showed that only 15 of us adults used walmarts plus service compared to 62 for amazons prime reuters published on may 17 2022 at 0314 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators