3 Things Walmart's CEO Wants Investors to Know [The Motley Fool]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: The Motley Fool
3 Things Walmart's CEO Wants Investors to Know Daniel B. Kline ( TMFDankline Aug , 09 at :08PM Walmart NYSE:WMT The company still forecasts % U.S. e-commerce growth for the year, and for its U.S. stores to finish the year with a .% to % gain in comparable-store sales. Walmart, however, isn't just resting on its laurels as it expects to invest $ billion in capital expenditures through the full fiscal year. Much of that money will go toward continuing to build out its omnichannel capacity. "We're favorably positioned as we leverage our expansive Supercenter network to deliver a robust omnichannel experience," said CEO Doug McMillon on the chain's Q earnings call, continuing: We're experimenting with emerging technologies to improve store operations and reduce friction in our customers' lives. The initiatives we have under way provide extended access to our brand and position the company to earn a greater share of our customers' wallet over time. Walmart plans to expand programs that let
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