Why Walmart is clobbering its rivals

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Walmart (WMT) has had a year for the record books. The company’s stock is up a sizzling 80% this year. Its financial performance has been beyond impressive given Walmart’s size. And Walmart continues to out-perform key retail rivals such as Target (TGT). It’s for these reasons Walmart has secured the 2024 Yahoo Finance Company of the Year award. Yahoo Finance Executive Editor Brian Sozzi sat down with Walmart CEO Doug McMillon to learn more about the company’s growth plans and what keeps the longtime CEO up at night. He says Walmart is truly firing on all cylinders. But can Walmart stay dominant in the years to come as Amazon (AMZN) gets even stronger and others in retail mount comebacks? Sozzi welcomes retail and supply chain expert Brittain Ladd on Opening Bid for an in-depth discussion on the future of the world’s largest retailer.

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