Analysts are expecting slowed same-store sales growth when Walmart reports its quarterly results on Thursday. But according to Reuters, investors have more on their minds than the numbers. They will be interested in how Walmart is expanding beyond retail. The retailer's pushes into advertising and healthcare are well-documented, and analysts are applauding the efforts to turn a retail powerhouse into a true ecosystem.
“We are encouraged to see Walmart expand its vision beyond retail and e-commerce, with a focus on building a powerful ecosystem, including advertising, merchant services, health services and digital payments,” Telsey Advisory analyst Joseph Feldman said in a note.