Guidance for its fiscal year 2020 remained the same as Walmart is predicting that earnings per share would decline in the low-single-digit percentage range. Walmart has been smashing U.S. growth, recording 18 quarters, or over four straight years of U.S. growth–an industry best.
Can the retail industry keep producing further gains that will benefit RETL? In the video below, CNBC’s “Closing Bell” team is joined by Simeon Siegel of Nomura Instinet to discuss what data and earnings reports are pointing to for consumer health.
Related: Less-Than-Expected Growth Could Affect Retail ETFs in 2019
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