1 Huge Problem Absolutely Killing Wal-Mart and Its Granny-Held Stock
Wal-Mart's earnings are now upon us, and Belus Capital Advisors' Brian Sozzi sees 12 months of over-hyping by Wal-Mart execs and flat out under-delivering. Sozzi shares his one key thing to ponder as the root cause of Wal-Mart's sleepy quarters: over-ordering of seasonal, non-discretionary merchandise. Be it Christmas or Thanksgiving swag, or cute and cuddly Teddy Bears for Valentine's Day, the fact is the arrogance spewed by Wal-Mart execs that its low prices will tempt a mom dealing with SNAP benefit cuts to splurge on a giant, stuffed Valentine Day's bear or $5.00 tree ornament continues to cause unplanned markdowns, preventing the company from sharing better stories with investors. Share your photos from your trips to Wal-Mart's sloppy stores on Twitter @BrianSozzi.
At the time of publication, Sozzi was long XXX, although positions may change at any time.
At the time of publication, Sozzi held no position in the stocks mentioned.
Brian Sozzi is the CEO and Chief Equities Strategist of
. He is responsible for developing and managing an equities portfolio of mid- and large-cap positions, in addition to leading the firm's digital content initiatives. He is also a personal finance columnist for
Men's Health
magazine.
