WMT Earnings: ‘Macro Issues’ Responsible for Weak Guidance

Jay Woods and Sucharita Kodali comb through Walmart (WMT) earnings. Sucharita highlights its earnings beat and says, “any weak guidance is tied to macro issues.” Jay agrees that it was a “great quarter,” but notes the stock has been on a “tremendous run” and might not have had room to go further. They discuss how Walmart’s imports could get hit by tariffs, the outlook for the consumer, and its biggest competitors including Amazon (AMZN).

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