HomeMarketsU.S. Economy & JobsWalmart (WMT) Still Well-Positioned In Difficult Market With Grocery/Pharma Exposure
Walmart (WMT) Still Well-Positioned In Difficult Market With Grocery/Pharma Exposure

Rupesh Parikh outlines Walmart's 1Q takeaways, noting the big box retailer posted healthy top line demand with management lifting FY22 sales forecasts. However, the company provided weak profit outlook for the current quarter and full year driven by cost headwinds and weather. He notes Walmart is still relatively well-positioned in a difficult backdrop, given its grocery and pharmacy exposure, as well as scale and value positioning.

Trading 360

17 May 2022

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