Walmart Q2 Earnings: Are Shares A Buy At New All-Time Highs?
Walmart(WMT) Seeking Alpha·2024-08-16 13:20
Alexander Farnsworth Walmart (NYSE:WMT) shares soared to a new all-time high following the release of its fiscal Q2 earnings results; and rightfully so. The company easily beat expectations and enacted another positive revision upwards to its full-year guidance. WMT also reported continued share gains among key demographics. The stock benefitted from an additional uplift from a strong retail report, which showed sales rising more than expected. In prior coverage on WMT, I rated shares as fairly valued f ...