Walmart, Inc. (WMT) shares traded higher Wednesday after the discount retailer reported impressive second-quarter earnings growth and reiterated its full-year guidance.
Telsey Advisory Group analyst Joseph Feldman said Walmart will remain a “leader and market share gainer” in the retail sector. “We also are encouraged to see Walmart expand its vision beyond retail and e-commerce, with a focus on building a powerful ecosystem, including advertising, merchant services, last-mile delivery, health services, and digital payments,” Feldman wrote
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