Will Walmart Raise Its Outlook This Week?
Investors always look forward to Walmart's (NYSE: WMT) earnings reports due to its unique position as the world's largest retailer. But the company's second-quarter announcement, set for Thursday, Aug. 15, promises to be even more newsworthy than usual.
Walmart has been posting some of its best growth results in a decade and pairing those gains with the profit rebound that shareholders have been waiting for since management began aggressively spending on the e-commerce sales channel two years ago. Yet struggles in a few major international markets, plus spiking tariff rates for Chinese imports, threaten to kill that positive momentum just as the company enters the key holiday shopping sales period.
Let's take a look at what investors can expect to hear from the retailer this week.
Source Fool.com
