Walmart's First Quarter Could Be a 'Snowbomb'

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Walmart's First Quarter Could Be a 'Snowbomb'

Walmart's First Quarter Could Be a 'Snowbomb'
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Walmart's First Quarter Could Be a 'Snowbomb'

by TheStreet.com Videos 1:16 mins

As parts of the U.S. prepare for a "snowbomb" this week, Walmart investors should be preparing for a first quarter "bomb" when Walmart reports earnings. Belus Capital Advisors' Brian Sozzi thinks Walmart's first quarter could wreak havoc on a dividend paying-only stock portfolio. In particular, Sozzi is worried about Walmart's new price-comparison program, called "Savings Catcher," and a Black Friday-like spring sale for home improvement goods aimed to win business from Home Depot and Lowes.

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