Description: Many retailers are in a world of pain because of Amazon. Walmart is not one of them. It beat Wall Street forecasts for sales and profit on Thursday and improved its forecast for holiday shopping. The stock rose nearly 9% to an all-time high.
Source: CNNMoney.com – video report
Date: Nov 16, 2017
Link: http://money.cnn.com/2017/11/16/investing/walmart-earnings-digital-jet/index.html
Questions for discussion:
- What does the report say about how Walmart is succeeding against other retailers?
- Given the results in this report, what other strategies would you suggest to Walmart management?
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