Walmart beats estimates, raises outlook as it sees stable consumer health

CNBC's Melissa Repko joins "Squawk Box' to report on the company's quarterly earnings results.

[KacieLehman]

I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.

[WillPerry-br]

*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides.*

[AshleyKeith-vwws]

So, it's like when one of the cheaper grocery items sets the standard for a good economy, right? 🤦‍♂️ The increasing inflation, sluggish growth, and trade disruptions are serious issues that need urgent attention across all sectors to restore stability and foster growth. How do you reckon we can tackle these problems effectively?

[Masonharrigton]

From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family.❤❤

[paulevans]

So...one of the lower priced grocers is the bellwether of a "good" economy....lol.

[stevemelton]

Sure Walmart sees good consumer health. Everyone shops at Walmart when they’re broke or scared to spend money

[Centurion-phgk]

So if people are moving to Walmart which is cheaper that means the consumer ism healthy?

[corycox]

All this means is people are going to the cheapest stores they can find, not that the dollar is healthy

[Patrick-yhyd]

Competition stores closing so Walmart gets everyone. I wish I could buy stock for Aldi, s.

[robertjones]

Time to RAISE rates....Not cut. Rates are normal the consumer pricing is out of wack...40% to high.

[nickvin]

Back to school fueled all of this people, this is the exception not the rule.

[KungPowEnterFist]

Bring on the professor and his we need an emergency 75bps cut and another 75bps cut in September nonsense. 🤣

[LionCoolSoul]

Obey The God Thy Lord You Shall Have Eternal Life

[juanrestrepo]

Strong Consumer Spending & Solid Economy! Thank you President Biden