August 17, 2012
In the following video, analysts Brenton Flynn and Austin Smith react to Wal-Mart's earnings report from Thursday morning. The largest retailer in the world posted results that came in largely in line with expectations, but guidance for the full year fell below analyst targets. Many investors look to Wal-Mart as a gauge for broader consumer spending, but there are also a number of idiosyncrasies in the broader discount retail industry to be aware of, particularly the moves being made by dollar stores.
If you are looking for retail stock ideas that don't involve Wal-Mart, let me invite you to take a look at The Motley Fool's special free report: "The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail." In it, you'll see how these two cash kings are able to consistently outperform and how they're planning to ride the waves of retail's changing tide. You can access it by clicking here.