Walmart 'holding its own' against Amazon ahead of earnings report
Walmart is set to report quarterly earnings Tuesday morning before the bell. And the retailer looks to be in decent shape heading out of the holiday season, especially when compared with its online rival Amazon. Last year, the big-box retailer captured roughly 4 percent of all e-commerce sales in the U.S. and 0.4 percent of the total U.S. retail market, according to market research group eMarketer. Cowen in a survey of U.S. consumers during the fourth quarter found the overlap of shoppers who buy things on both Amazon and Walmart to be declining (for the third straight quarter), as satisfaction scores are trending higher for Walmart. Analysts will also be looking on Tuesday to see what Walmart has to say about more tariffs on goods from China and India's tightening e-commerce regulations, in light of Walmart's $16 billion acquisition of Flipkart.