Comment / Star Walmart shifts gear, exploits 'changing business model'

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Talking points from retail behemoth Walmart (WMT) this week are plentiful in the wake of interim results that greatly surprised on the upside yesterday.

If you recall management’s previous remarks during the second-quarter fiscal 2023* conference call with analysts (’Some of the best days are in front of us’), they ought to feel vindicated.

(*Its fiscal year ends on January 31.)

One of the largest shippers worldwide, fiercely competing with Amazon (which hasn’t had the best of times lately), it’s a pivotal name to ...