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Could Upward Sales Trends Boost Walmart Stock?

Could Upward Sales Trends Boost Walmart Stock?

Walmart’s (WMT) US business has remained strong despite growing competition from the expansion of Amazon (AMZN) and other deep discount chains. Walmart’s US business, which is also its largest business segment by sales and profitability, has reported year-over-year comps growth in the past 15 quarters, and traffic growth for the past 14 quarters.