Walmart Inc (MIL:1WMT)
€ 86.94 0.31 (0.36%) Market Cap: 704.03 Bil Enterprise Value: 753.31 Bil PE Ratio: 37.70 PB Ratio: 8.38 GF Score: 52/100

Walmart Inc at Cowen Broadline & Grocery Executive Summit (Virtual) Transcript

Aug 25, 2020 / 03:25PM GMT
Oliver Chen
Cowen and Company, LLC, Research Division - MD & Senior Equity Research Analyst

Thanks, everybody, for joining us. We're thrilled to have Tom Ward here. He is the SVP of Digital Operations at Walmart. Walmart, we have an outperformed rating, $155 price target at Cowen. The retailer reported very strong second quarter earnings last week inclusive of comp growth 9.3% and e-com growth of 97%. So Tom, it's really great to have you here. The world continues to look a lot different since we spoke last, and Walmart's accomplished a lot during the past year. Innovation is just starting to accelerate.

Questions & Answers

Oliver Chen
Cowen and Company, LLC, Research Division - MD & Senior Equity Research Analyst

With the pandemic, which investment and tests have accelerated now? And which ones may have been lesser prioritized, given all the opportunities that you're reaping and the execution you're conducting?

Tom Ward
Walmart Inc. - SVP of Customer Product

Yes. Thanks a lot, Oliver. It's

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