Why Walmart Stock Is a No-Brainer Hold During a Bear Market

Walmart (NYSE: WMT) delivered robust revenue growth in the third quarter, observing strength across all global segments. And because of Q3's stellar performance, the retail behemoth raised its full-year guidance for consolidated sales growth by 1%, now expecting around 5.5% improvement for the year. 

Despite strong sales growth and expectations, Walmart posted a net loss of $1.8 billion in the third quarter. Let's examine the company's results and why the consumer staples stock remains a hold. 

Q3 sales beat both analysts' and the company's own expectations, reaching over $150 billion. Walmart enjoyed strong top line performance across all three of its business segments: Walmart U.S., Walmart International, and Sam's Club.

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Source Fool.com