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Walmart Posts Quarterly Results Tuesday Morning

Posted on | May 15, 2011 | Comments Off

Most analysts are focusing on the US same store comps which takes a look at sales of US stores that have been open for longer than a year.  It will probably be negative approximately 1%.  Frankly, I’d be happy if the results were even lower on US same store comps to drive the stock price lower, because I want to buy this stock at lower prices.

I’m not worried about the US business at Walmart.  Frankly, it is what it is and they have a dominant market share and the struggling masses in the US will continue to shop at Walmart and make money for this company.  As I’ve documented numerous times, the growth story is international and is exceptional.

Walmart’s quarterly results come out Tuesday morning before the market opens.