Walmart (NYSE: WMT) started with one discount store and grew into the world's largest retailer. While that's impressive, investors can't rely on past history to gauge future returns. After all, many previously successful retailers, such as Sears and Toys R Us, ended up in bankruptcy.

I'm not suggesting the same fate awaits Walmart, but it does mean it's important to dig into a company's prospects. It's time to assess Walmart's fundamentals.

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Source Fool.com