Justin McAuliffe, research analyst at Gabelli Funds, said: “It’s sort of par for the course for Walmart to guide conservatively, and set themselves up to beat and raise over the course of the year.”

Justin McAuliffe, research analyst at Gabelli Funds, said: “It’s sort of par for the course for Walmart to guide conservatively, and set themselves up to beat and raise over the course of the year.”