Walmart Raises Its Outlook on U.S. Strength
Investors had been looking forward to having some important questions answered by Walmart (NYSE: WMT) this week. The world's biggest retailer has a unique window into the strength of consumer spending around the world, after all. Its fiscal first-quarter report, meanwhile, offered some tantalizing hints at a potential growth acceleration, too.
On Thursday, Walmart largely delivered the answers that shareholders were looking for, with robust sales in most markets leading to a modest upgrade to its 2019 outlook.
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Source Fool.com
