Walmart Beats Earnings Estimates and Inflation Amid Spike in Retail Sales

Walmart beat earnings estimates for the fourth quarter, and despite losses stemming from supply chain costs and COVID-19 employee sick leave, the big box chain was still able to fight inflation as costs rose across the board. What's next for Walmart and other retail giants as inflation continues to run hot? Arun Sundaram, Senior Equity Analyst at CFRA Research, joins Closing Bell to discuss.

Jun 17, 2022

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