This Isn't Your Father's Wal-mart
Wal-mart (NYSE: WMT) continues to defy expectations. In the recently reported third quarter, it posted EPS (excluding items) of $1 a share and revenue of $123.18 billion, topping analyst expectations of $0.97 and $121 billion, respectively. Perhaps more importantly, Wal-mart increased same-store sales in the U.S. by 2.7% versus expectations of 1.8%; it was Wal-mart's 13th quarter in a row growing same-store sales.
This isn't your father's Wal-mart. And if you're not paying attention, you may be missing out on a great opportunity.
Image source: Getty images.
Source: Fool.com
Walmart Inc. Stock
€56.21
0.120%
The stock is an absolute favorite of our community with 49 Buy predictions and no Sell predictions.
With a target price of 165 € there is potential for a 193.54% increase which would mean more than doubling the current price of 56.21 € for Walmart Inc..
