Walmart Inc

WMT: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$96.00	Jlcl	Vrgdqkhy

Walmart’s Lackluster Profitability Stems From Near-Term Factors That Do Not Alter Our Long-Term View

Zain Akbari

Jul 25, 2022

We do not believe wide-moat Walmart’s long-term standing has changed despite revised guidance that suggests significantly more near-term profitability pressure than we had expected. Our $138 per share valuation should slide by a high-single-digit percentage in the wake of the news, similar to the after-hours trading reaction, and we suggest prospective investors await a greater margin of safety.

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