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Walmart Raises Its Outlook on U.S. Strength

TheMotleyFool

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Walmart Raises Its Outlook on U.S. StrengthPhoto, wide shot, wide-angle lens, Fashion store, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.theapi.app/temp/4103ce22-87d6-4bef-ba44-0baf5ab280bb.png

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.

Let's dive right in.

Source Fool.com

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