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re: Anyone buying WMT?
Posted on 10/15/15 at 7:20 pm to OnTheBrink
Posted on 10/15/15 at 7:20 pm to OnTheBrink
1
Posted on 10/16/15 at 2:14 pm to TigerTatorTots
It's WAY out there, but some comments from the investor day are being interpreted as potentially spinning off Sam's Club
quote:
5.Openness to Assessment of Walmart’s Full Portfolio: McMillon was clear-cut about the retailer’s priority toward its businesses in North America and China. At the same time, Walmart International and Sam’s Club were not represented at this meeting, and McMillon and Holley alike voiced their openness to reviewing the role of every piece of Walmart’s portfolio. “Being the biggest and being the best are not the same thing,” McMillon said. “We need to be the best.” Could this mean that strategic announcements on Walmart International and Sam’s Club are on the horizon?
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