WMT Outperform Company Commentary

26 days ago

Katie

"I'm going to go to some of the individual gainers. Katie, you mentioned Walmart. It is your number one gainer in the S&P 500 today, finishing just off its best levels of the session, up 6 12%. Company, world's largest retailer, as you know, raising its fullear sales and profit outlook. So, it's a sign that uh Walmart is winning over price sensitive shoppers while absorbing rising costs, the upbeat outlook driven by strong ecommerce performance and a wide assortment of products, including luxury items like pre-owned Chanel bags, which I had no idea that they were. I know. Did you know this? Yeah, I I read that in our story. >> It might surprise you. I'm not really in the market for a pre-owned shoe that >> Well, if you're thinking about gifts for people that you love. Uh anyway, uh so Walmart definitely an outperform. >> I give them experiences."

The speaker highlights Walmart's strong performance, noting it as the top gainer in the S&P 500 due to its robust full-line sales and profit outlook. Emphasis is placed on Walmart's ability to attract price sensitive shoppers while managing rising costs through strong ecommerce and a diverse product mix, which leads to an outperform call.

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