Walmart Earnings: 3 Key Takeaways
Walmart (NYSE: WMT) is still firmly in growth mode. The world's biggest retailer last week announced earnings results that returned it to the market-thumping growth that investors had witnessed for most of the past year following a slight slowdown in the fiscal second quarter.
The robust sales volumes paired with strong profitability to put Walmart on track to exceed its prior earnings outlook, even as management pours resources toward growth initiatives like same-day delivery. It should support more healthy returns for shareholders, too.
Let's dive right in.
Source Fool.com