This is an excerpt from Monday’s (2/22) Point of Sale retail supply chain newsletter sponsored by ArcBest.
Walmart (NYSE: WMT) reported Q4 earnings last week that fell short of Wall Street’s expectations, despite posting same-store sales growth of 8.6%. That’s a huge handle for a company Walmart’s size and is by far the highest growth among comparable stores in the past 10 years, more than double the next closest growth rate of 3.7% in 2019.
But Walmart’s stock sold off hard after earnings were...
https://www.freightwaves.com/news/can-$14-billion-get-walmart-to-e-commerce-profitability?