Forget your credit card on your next Panera Bread run? No worries, you'll soon be able to pay with the palm of your hand.
Walmart's enormous scale allows it to pressure its suppliers to deliver the best prices possible to its customers. Walmart tends to enjoy a sales boost when shoppers become more cost-conscious and seek out value-priced goods. Walmart's U.S. comparable sales grew by 8.3%, while its Sam's Club comps jumped 12.2%.
A solid earnings report can affect short-term price movements, or slow sales increases over many quarters can lead to long-term price gains. Simply put: High sales growth is the determining factor for a high-growth stock. If you're a long-term investor, it can be difficult to block out the noise that generates short-term price movements.