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1 Huge Problem Absolutely Killing Wal-Mart and Its Granny-Held Stock

August 23, 2023
in Trade Tube
Reading Time: 1 min read
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Wal-Mart’s earnings are now upon us, and Belus Capital Advisors’ Brian Sozzi sees 12 months of over-hyping by Wal-Mart execs and flat out under-delivering. Sozzi shares his one key thing to ponder as the root cause of Wal-Mart’s sleepy quarters: over-ordering of seasonal, non-discretionary merchandise. Be it Christmas or Thanksgiving swag, or cute and cuddly Teddy Bears for Valentine’s Day, the fact is the arrogance spewed by Wal-Mart execs that its low prices will tempt a mom dealing with SNAP benefit cuts to splurge on a giant, stuffed Valentine Day’s bear or $5.00 tree ornament continues to cause unplanned markdowns, preventing the company from sharing better stories with investors. Share your photos from your trips to Wal-Mart’s sloppy stores on Twitter @BrianSozzi.

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