Walmart (WMT): Less Shoppers This Holiday Season

The Walmart (WMT) stock price has outperformed the overall market this year. “Walmart.com new U.S. users are down 8% year-over-year. Also, holiday shopping is down for the same time period due to inflation concerns, rising expenses, and rising interest rates. People are saying that they have maxed out on their credit card and are behind on their payments. However, deal discovery social media mentions are up significantly year-over-year, which should help a retailer like Walmart. How does Walmart compare to Amazon (AMZN), Target (TGT), and Costco (COST)? There is more demand for Walmart, but consumer happiness is lower compared to its peers,” says LikeFolio’s Landon Swan. Tom White and Kevin Hincks weigh in on past Walmart (WMT) earnings reports.