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NetworkNewsBreaks – Walmart Inc. (NYSE: WMT) Featured in Analysis Report

Company: Walmart Inc. (WMT)
Category: Analyst Alerts

Walmart (NYSE: WMT) was featured in an analysis report highlighting the retail giant ahead of its first quarter earnings release. The report, written by LikeFolio Founder Andy Swan, reads, “Purchase Intent is settling in higher YoY, but lower than pantry-packing Q1. Purchase Intent in 20Q2: +32% YoY, -15% from prior quarter. We know expectations are high for this name, and investors will be listening for guidance related to the company’s unrolling of Walmart Plus (its Amazon Prime competitive service).”

About Walmart

Walmart Inc. helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, over 265 million customers and members visit approximately 11,500 stores under 56 banners in 27 countries and eCommerce websites. With fiscal year 2020 revenue of $524 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. For more information, visit www.Corporate.Walmart.com.

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