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As We Start Year 3 of the Pandemic, Here's How Walmart Has Done

TheMotleyFool

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As We Start Year 3 of the Pandemic, Here's How Walmart Has Done

Two years ago, few would have likely predicted the course of Walmart's (NYSE: WMT) stock. At that time, the company had beefed up its omnichannel presence to better compete with Amazon (NASDAQ: AMZN), Costco (NASDAQ: COST), and other peers.

However, COVID-19-related shutdowns brought unexpected benefits to the company. In addition to having the infrastructure to accommodate online orders and pickups, it derived an extra benefit from the demand for consumer staples and the shutdowns of many small competitors. Now, in a post-lockdown world, can the prosperity continue?

Image source: Getty Images

Source Fool.com

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