smelly walmart shoppers are coming for you, deep state

https://www.zerohedge.com/news/2018-08-16/walmart-soars-8-strongest-comps-10-years-outlook-boost-dow-futs-rise

Walmart stock is soaring 8% in the premarket, pushing Dow futures even higher - WMT has a 2.4% weighting in the DJIA - after reporting earnings that smashed expectations and boosted guidance.

The company reported Q2 EPS of $1.29, above the highest Wall Street estimate (consensus 1.22, range 1.17-1.28), on revenue of $128BN, also above the highest forecast (consensus $126BN, range $124.6BN-$127.5BN).

The company reported U.S. comps sales ex-fuel up 4.5%, more than double the estimate of 2.2%, and the strongest Walmart U.S. comp. in more than 10 years, led by grocery, apparel, seasonal. Wal-Mart U.S. traffic was up 2.2% y/y, while the average ticket was up 2.3%. eCommerce contributed approximately 100 basis points to segment comp sales growth with strength in online grocery and eCommerce home delivery.