Walmart's (WMT) Shows Strong Positioning In The Present Environment

Walmart (WMT) has less discretionary inventory problems and thriving ad business are tailwinds to be more competitive in food, says Bill Kirk. He and Corey Tarlowe recap WMT's earnings. They talk about how WMT's revenue came in at $164.00B versus an estimated $159.66B. They note that 4Q U.S. same-store sales (ex-fuel) rose 8.8%. Corey says that WMT's robust comps are a testament to the company's strong positioning in the present environment. They also go over how Roth Capital Partners has a buy rating on WMT and a $169 price target. Finally, they mention the outlook for WMT as a whole.

The Watch List

21 Feb 2023

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