bullish
Target Vs. Walmart: Which One Is Better Buy?
SUMMARY
- In the past couple of weeks, big box retail stocks got hammered. The largest retailer Walmart missed EPS expectations by a large margin
- The results certainly caught investors and analysts by surprise, and it seemed like their management was surprised too
- Some item sales (grills, plants, and pool chemicals) were impacted by weather, and high inflation was causing consumers to buy cheaper goods
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