Walmart (WMT) has ‘Pretty Significant Momentum’ as Revenue Channels Boom
Schwab Network · Schwab Network
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Show Notes
Arun Sundaram digs into Walmart’s (WMT) earnings and guidance, calling it a “solid quarter.” He says Walmart has some “pretty significant momentum” ahead of them even if guidance is lighter – he also notes that the company tends to guide conservatively and typically raise their outlook as the year progresses. He discusses how Walmart is trying to deal with inflation in core categories like groceries. Arun points out that smaller revenue channels, like Walmart+, are growing rapidly.
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