Hi, today we are going to talk about the Walmart and its current landscape.
Walmart yesterday disclosed better than expected earnings, a delightful surprise for investors that were worried by the impact of the Trade War tariffs over the retail corporation. Walmart also raised its EPS guidance forecasted for the next year. The news is positive for the American retail sector and as an economic indicator of the U.S consumer potential, which signals a healthy environment for the economy that nears the consuming holidays like the Black Friday, Cyber Monday, and the Thanksgiving Day. Even the U.S President has cheered the good earnings.
"Walmart announces great numbers. No impact from Tariffs (which are contributing $Billions to our Treasury). Inflation low (do you hear that Powell?)!" - Donald J. Trump
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Walmart yesterday disclosed better than expected earnings, a delightful surprise for investors that were worried by the impact of the Trade War tariffs over the retail corporation. Walmart also raised its EPS guidance forecasted for the next year. The news is positive for the American retail sector and as an economic indicator of the U.S consumer potential, which signals a healthy environment for the economy that nears the consuming holidays like the Black Friday, Cyber Monday, and the Thanksgiving Day. Even the U.S President has cheered the good earnings.
"Walmart announces great numbers. No impact from Tariffs (which are contributing $Billions to our Treasury). Inflation low (do you hear that Powell?)!" - Donald J. Trump
Thank you for reading and leave your comments if you like.
To have access to our exclusive contents, join the Traders Heaven today! Link Below.
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.