Can Walmart Keep Costs Under Control This Year?
Walmart (NYSE: WMT) is scheduled to report first-quarter results before the markets open on May 17. With close to $600 billion in annual sales, the world's biggest retailer will aim to keep costs under control as inflation hits economies worldwide.
The massive scale will give it some protection from rising costs. Walmart can use its purchasing power to negotiate concessions from suppliers and fight to keep increases limited. Investors hope to see that merchandising prowess on display when Walmart reports its results.
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Source Fool.com
