Change is in the air and in the results.

It's a near-term hit for long-term opportunity.

While it remains early days, change is in the air and in the results at WMT.

We believe higher-income customers may be starting to take notice of new fashion forward merchandise such as Metro 7 and 400-thread count sheets.

Investors expected more than in-line results.

While we expected conservative guidance, this is considerably lighter than what the Street was looking for and could pressure the stock in the near-term.