Flick through US consumer stocks in April

Highlights:

• One of the largest retail corporations in the world, Walmart is known for operating chains of hypermarkets.
• In Q1 2024, Walmart expects its consolidated net sales to increase between 4.5 per cent to 5 per cent.
• Making wise financial selections requires extensive research and stock analysis.

The essential items that people purchase to maintain their daily lives are known as consumer staples. Businesses in this sector produce, market, and sell items that are often less cyclically sensitive, such as food, drinks, and personal hygiene goods.

In the United States, there are plenty of consumer stocks, and in this article, we will be looking at the performances of some of them and see how they've been doing.

Walmart Inc. (NYSE: WMT)

One of the largest retail corporations in the world, Walmart is known for operating chains of hypermarkets. The company is expected to pay a quarterly dividend of US$ 0.57 per share on May 30, and as of writing, Walmart's dividend yield was 1.58 per cent.

In Q4 FY23, the total revenue of Walmart stood at US$ 164 billion, up 7.3 per cent year-over-year (YoY). The operating income, on the other hand, amounted to US$ 5.6 billion.

In the fiscal year 2023, the company's revenue jumped 6.7 per cent YoY to US$ 611.3 billion, and the share repurchases amounted to US$ 9.9 billion, up 1.4 per cent YoY.

In Q1 2024, Walmart expects its consolidated net sales to increase between 4.5 per cent to 5 per cent on a constant currency basis. Meanwhile, it also expects that the consolidated operating income will likely increase by 3.5 per cent to 4 per cent.

Procter & Gamble Company (NYSE: PG)

Procter & Gamble, which was established in 1837, has grown to be one of the biggest producers of consumer goods in the world, with annual sales of more than $80 billion.

In Q2 2023, the net sales of P&G amounted to US$ 20.77 billion, and the gross profit was US$ 9.87 billion.

The dividend paid by Procter & Gamble was US$ 0.913 apiece, and its dividend yield was 2.49 per cent at the time of writing.

The market cap of P&G was US$ 345.27 billion, and its price-to-earnings (P/E) ratio was 25.7.

Bottom line

Making wise financial selections requires extensive research and stock analysis. Conducting research and analysis of stocks helps investors identify and evaluate potential investment opportunities and risks. It also helps investors understand the fundamental factors affecting a company's financial performance and stock price. Investors can use various tools and techniques to analyze stocks, such as financial ratios, technical and fundamental analyses.