Under the high inflation in US, I expect $Wal-Mart(WMT)$ to be the most bullish and the retailer winner in 2023 based on their 4th quarter 2022 earning performance. I believe more people will try to buy more grocery from the supermarket to prepare home cooked meals as it is now more expensive to dine out due to the high inflation.
Amongst the 12 retail companies, based on the Financial Year 2022 earning performance, $Wal-Mart(WMT)$ has the highest revenue, 2nd highest net income and 7th highest annual EPS. Based on 4th quarter 2022 earning performance, $Wal-Mart(WMT)$ has the highest revenue & net income and the 3rd highest EPS.
Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores in the United States.
Walmart is the world's largest company by revenue, with about US$570 billion in annual revenue, according to the Fortune Global 500 list in October 2022. Walmart has been the world's largest company by revenue since 2014. It is also the largest private employer in the world with 2.2 million employees.
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