Walmart's Fiscal Fourth-Quarter Results and Outlook Disappoint; US Comparable Sales Performance Continues to Improve
publication date: Feb 21, 2012
Walmart posted fiscal fourth-quarter results and issued an outlook for fiscal 2013 that disappointed most investors. The largest retailer in the world continues to face tough competition from the likes of Amazon and dollar-store rivals. Though we remain on the sidelines with respect to Walmart's shares, we were encouraged by positive traffic trends in its domestic operations.
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