It's Tuesday, August 17th.

Welcome to Market Fulnery.

I'm Chris Hill with me today, our man in North Carolina, Asa Charna.

Thanks for being here.

Chris, thank you for having me so excited to be here today.

We've got some big retail to talk about and we're going to start with Walmart.

$141 billion worth of stuff.

That's what Walmart sold in the second quarter.

Walmart store sale growth in the US was 5%, their foot traffic is growing.

Shares of Walmart are flat, but given what the market is doing today, I almost feel like

if the market were flat, then Walmart would be up a couple of percentage points.

But we're just pointing out that it's close to an all-time high.

Yes, Walmart stock is doing well as you mentioned that $141 billion in revenue for one quarter.

It sort of boggles the mind for a retailer.

It's like those little visualizations on YouTube when you ask, hey, how big is the Cosmos?

How many stars are there out there and take a look and realize how massive that number

is.

This is sort of the same way and yet the company continues to generate increases in sales,

really significant increases in profits.

I love that their e-commerce sales grew 6%.

On top of a really difficult comparison from the prior year when everyone was stuck at

home, the two-year comparison is 103%.

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