Both companies have done a pretty good job of working on their stores over the last few years. Los has been playing behind in terms of its distribution and warehousing for years. From home depot, it's catching up. So i'm guessing they had a good quarter as well. The bottom line herea chriss, you said, they've managed to maintain their pandemic gains.
Two major retailers, two different results as they battle inflation. (0:30) Asit Sharma discusses: - Walmart's unusually large stock drop in the wake of disappointing 1st-quarter results - Being a blacksmith, not a goldsmith - Home Depot raising guidance after strong 1st-quarter profits - The role of higher mortgage rates play for home improvement retailers
(15:30) Alison Southwick and Robert Brokamp continue their conversation with Business Insider's Mark Reeth about unusual economic indicators.
Stocks discussed: WMT, HD, LOW, AMZN
Host: Chris Hill Guests: Asit Sharma, Alison Southwick, Robert Brokamp, Mark Reeth Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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