Second quarter earnings results have been littered with slumping sales and disappointing guidance. Wal Mart threw that narrative on its head when it said it was raising sales guidance for the rest of the year. What’s in Wal Mart’s secret sauce? Also, investing lessons from Meta’s AI strategic changes, a smorgasboard of market news, and stocks on our radar
Tyler Crowe, Matt Frankel, and Jon Quast discuss:
- Wal Mart’s increased sales guidance standing out from its peers
- Meta’s hiring freeze
- Chipotle drone delivery?
- Cracker Barrel’s rebranding
- SPACs are back?
Companies discussed: WMT, TGT, META, CMG, CBRL, TRIP, TREX
Host: Tyler Crowe
Guests: Matt Frankel, Jon Quast
Engineer: Dan Boyd
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