Why It’s No Surprise That Walmart's 2019 Outlook Changed

When a company does exactly what it said it was going to do, the market should not be terribly shocked. And, after Walmart (NYSE: WMT) acquired Indian e-commerce major Flipkart, it warned that it would cut near-term guidance in consequence, and lo and behold, it did. But they also revealed a new partnership to sell Advance Auto Parts’ wares via the Walmart.com website. Wall Street appears to have mixed feelings about who wins and who loses in this deal.

In this segment of the Market Foolery podcast, host Chris Hill and Motley Fool Asset Management’s Bill Barker parse out the situation for the various companies involved.
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News & Politics	Upload TimePublished on 19 Oct 2018

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