Walmart Delivers Strong Q4 Results; Wall Street Unimpressed

Walmart delivered strong Q4 results, but Wall Street was seemingly unimpressed by guidance. U.S. comp sales (excluding fuel) improved by 4.6%, and global e-comm business soared by 24%. However, guidance of 3.5%-4.5% net growth and operating income growth of 6%-8% did little to impress Wall Street, with the bar being set high (via Axios).