
Investor Outlook: Walmart beats Q4 estimates, flags cautious year ahead
BNN Bloomberg
Walmart beats Q4 earnings and posts 27 per cent online growth but keeps cautious full-year outlook amid trade and labour uncertainty.
BNN Bloomberg spoke with Michael Lasser, equity research analyst at UBS, who said the results were largely in line with expectations and reflect steady execution, with room for potential upside if consumer trends remain stable.
Read the full transcript below:
ROGER: Walmart is projecting a cautious outlook despite beating revenue and profit estimates in the fourth quarter, citing trade uncertainty and labour market conditions. The retail giant says e-commerce and speedy deliveries are helping to drive results. Let’s get more insight on this from Michael Lasser, equity research analyst at UBS. Michael, thanks very much for joining us.
MICHAEL: Thank you for having me.
ROGER: Is this kind of Walmart being Walmart for this report — good numbers and cautious?













