Inflation:
- And as a reminder, the real driver of high-inflation numbers was the price of used cars.
Pre-market:
Walmart, link here:
- shares jump 7% in pre-market trading
- strong earnings: EPS and revenue beat
- guidance: full-year guidance boosted;
- Dow futures up 150+ points: up 172 points
Walmart earnings:
The numbers:
- EPS: $1.50 vs $1.32; up 3.4% y/y;
- revenue: $152.8 billion vs $147.75 billionn; up 8.7% y/y;
- US same store sales rose 8.2% vs forecast of 4.6%; up 25% y/y
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Turkey Drive
Every year Sophia's elementary school sponsors a turkey drive for a local charity. This year, the school hopes to beat last year's record of ~ 300 turkeys.
Sophia's extended family donated seven turkeys. May and I bought the last Honeysuckle turkeys available at Target and then two more Butterball turkeys. Her parents bought two Butterball turkeys. The "89-cent-per-pound" turkeys were all sold out. Honeysuckle and Butterball were $1.19 / pound, the same -- or very close -- as last year.
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