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Barchart
Barchart
Mark R. Hake, CFA

Walmart's Excellent Q1 Results and FCF Outlook Could Push WMT Stock Higher

WMT Walmart United States

Walmart (WMT) reported surprisingly good results on May 18 for its fiscal Q1 ending April 30. This included strong year-over-year (YoY) revenue and operating income growth of 7.6% and 17.3%, respectively. 

As a result, WMT stock could move substantially higher over the near term. That also has positive implications for investors who short out-of-the-money puts and calls in WMT stock.

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