《大行報告》大摩:沃爾瑪(WMT.US)2024財年業績及2025財年初步指引大致符預期
摩根士丹利發表報告指,沃爾瑪(WMT.US)截至今年1月底止的2024年度業績,以及2025年度初步指引大致符合預期,美國業務、Sam's Club及國際市場的關鍵績效指標(KPI)健康,雜貨類別市場份額提升,表現突出,對沃爾瑪持「增持」評級,目標價168美元。
報告指,在業績公布後,對沃爾瑪的投資分析大致不變,其同店銷售保持低單位數的穩定升幅,除息稅前盈利(EBIT)增速加快,主要受惠規模效益。2025年指引EBIT增長4%至6%、淨銷售額升3%至4%,確認符合增長軌道。
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