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
€97.77
0.520%
With 99 Buy predictions and not a single Sell prediction Walmart Inc. is an absolute favorite of our community.
As a result the target price of 109 € shows a slightly positive potential of 11.49% compared to the current price of 97.77 € for Walmart Inc..
