沃尔玛公司：稳步前行

May 15, 2025 09:22 PM GMT Source: Company Data, Morgan Stanley Research. Walmart Inc | North America Powering Through Comps & earnings ahead of expectations display the structural tailwind to profitability from WMT's eCommerce flywheel, which accelerated sequentially. Demand YTD has recovered from the February lull, & unchanged F'26e guidance conservative but justified given macro/tariff uncertainty. OW, $115 PT. Alternative revenue flywheel delivers in good times and bad. Today's announcement underscores W ...