Walmart investors eye push into advertising, healthcare following pandemic boom


Walmart Inc’s investors and analysts are likely to look past the retail giant’s slowest same-store sales growth since the start of the coronavirus crisis, when it reports quarterly results on Thursday and instead focus on the company’s ambitions to diversify beyond retail.

“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.

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