Insight Report 10 minutes PremiumWalmart 2016 Investment Community Meeting: Bentonville, Ar, October 6, 2016 Coresight Research October 7, 2016 Executive Summary On October 6, Fung Global Retail & Technology attended the Walmart 2016 Investment Community Meeting, held at Walmart’s headquarters in Bentonville, Arkansas. Before the meeting, Walmart reiterated its fiscal year 2017 EPS guidance, guided for flat EPS in fiscal 2018 and provided an $11 billion capital-spending target for fiscal 2018. The guidance for flat EPS in fiscal 2018 and for EPS growth at the low end of the 5%–10% target range suggests that Walmart is currently in a transition stage, feeling the brunt of the store closures and repositioning itself for to return to more normalized growth in fiscal 2019 and beyond. Walmart’s e-commerce strategy centers on leveraging the relative strengths of the superstores, Walmart.com and Jet.com, and in China, JD.com, in which the company recently doubled its investment. The food business was a recurring theme: management noted that Walmart needs to win in food in the US and that the company is the leading digitally enabled food retailer internationally. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: RetailTech: RFID Is the Technology That Keeps on Giving to Retailers (and Associates and Consumers)US Store Tracker Extra, April 2024: Ross Stores To Open 2+ Million Square Feet of Retail SpaceEarnings Insights 2Q23, Week 5: Burlington, Dollar Tree, Petco and Ulta Beauty Report Strong Results; Foot Locker, Gap, Kohl’s, Macy’s and Nordstrom See Sales DeclineUS and UK Retail Bankruptcies Latest, June 2023