Retail Earnings: A Closer Look

Walmart’s (WMT) beat-and-raise quarterly release should ordinarily provide favorable read-throughs for Target (TGT) , which is scheduled to report results before the market’s open on Wednesday, May 22nd. But the two companies have different business models, and that makes expectations off target.To start, Walmart has effectively added a technological component to its well-established reputation for value. Walmart’s digital prowess has allowed it to offer a variety of convenient shopping options, allowing it ...