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Meet the CEO of the Biggest Company on Earth


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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"?

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