Parsad Posted September 9, 2010 Share Posted September 9, 2010 Good article on Walmart and CEO Mike Duke. Cheers! http://money.cnn.com/2010/09/07/news/companies/mike_duke_walmart.fortune/index.htm?source=cnn_bin&hpt=Sbin Link to comment Share on other sites More sharing options...
woodstove Posted September 10, 2010 Share Posted September 10, 2010 Thanks for posting that article link. Very interesting. I have some WMT, think it is good buy under $50, and even at $52 is still good buy. There's a concept in Walmart's Aug 17th Q2 earnings press release, that I've not seen before, and wonder if someone can explain it to me. The idea of "leveraging operating expenses". Does that mean delaying payables, increasing inventory turns, so more working capital is being provided by merchandise suppliers? Or what? The following quote from the press release illustrates Walmart's use of the term. "We continue to focus on our priorities of growth, leverage and returns. ... Our teams leveraged operating expenses for the third consecutive quarter, through their commitment to the productivity loop." And, what is the "productivity loop"? Link to comment Share on other sites More sharing options...
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