U.S. Markets closed

Why Walmart’s Sales Could Grow despite Tough Comparisons

Amit Singh
Why Walmart’s Sales Could Grow despite Tough Comparisons

We expect Walmart’s (WMT) revenues to continue to grow on the back of sustained momentum in comparable sales. The retailer’s comparable sales stayed strong in the past several quarters despite heightened competition in the grocery business. We expect comparable sales in its US business to continue to mark strong growth, driven by an increase in traffic and ticket size.