We’re excited about our momentum. The team delivered a strong quarter to finish the year, and as our results in the last two quarters show, they acted quickly and aggressively to address the inventory and cost challenges we faced last year. We built momentum in the third quarter and that continues. We are well-positioned to start this fiscal year." Doug McMillon president and CEO, Walmart.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on WMT:
- Walmart Inc. Reported Earnings. Did it Beat Estimates?
- WMT Rattles the Markets with a Dismal Outlook
- Walmart Q4 Earnings Today – Awesome Website Traffic a Hopeful Sign
- Earnings surprise in store for Walmart, stock looking like a buy, Barron’s says
- Here’s what Wall Street experts are saying about Walmart ahead of earnings