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It hard to ignore the remarkable blowout that Walmart NYSE:WMT clocked in last week. Under the impeccable stewardship of CEO Doug McMillon, the company has shown that it can compete and even thrive in an industry in which Amazon.com has been wreaking havoc.Plenty of investors, including Warren Buffett, counted Walmart out due to the profound disruptiv stanley cup e potential of e-commerce juggernauts like Amazon, but it turned out that Buffett, along with the majority of investors, severely discounted the management abilities of Walmart.It not just about Walmart e-commerce successes. Second-quarter same-store sales growth SSSG was the strongest it ; stanley cup s been in over a decade, jumping 4.5% thanks in part to i stanley cup quencher ncredibly enticing prices that are drawing large crowds into its physical stores.Simply put, Walmart is firing on all cylinders in both realms: e-commerce and brick and mortar. And that has many investors on both sides of the border reconsidering their death- |
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