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With two of the growth giants of the late 1990s, there has been a decided turn for Walmart (NYSE:WMT) for the better since announcing in April ’23 that the retail giant would be focusing on supply chain and
Walmart And Cisco Earnings Summaries: A New Walmart Could Be At Hand
Summary
- Walmart reported a rock-solid fiscal Q1 ’25 last week, May 16th, 2024, and then saw two days of above-average volume in the stock.
- Walmart revenue rose 6%, operating income rose 13%, and EPS rose 22% YoY.
- In fiscal ’24 Cisco is expected to report its first year of negative YoY EPS growth since 2009.
- Cisco revenue fell 13%, operating income fell 12% and EPS fell 12% YoY.
Brian Gilmartin, is a portfolio manager at Trinity Asset Management, a firm he founded in May, 1995, catering to individual investors and institutions that werent getting the attention and service deserved, from larger firms. Brian started in the business as a fixed-income / credit analyst, with a Chicago broker-dealer, and then worked at Stein Roe & Farnham in Chicago, from 1992 - 1995, before striking out on his own and managing equity and balanced accounts for clients. Brian has a BSBA (Finance) from Xavier University, Cincinnati, Ohio, (1982) and an MBA (Finance) from Loyola University, Chicago, January, 1985. The CFA was awarded in 1994. Brian has been fortunate enough to write for the TheStreet.com from 2000 to 2012, and then the WallStreet AllStars from August 2011, to Spring, 2012. Brian also wrote for Minyanville.com, and has been quoted in numerous publications including the Wall Street Journal.