Jefferies Takeaways on Wal-Mart from Global Consumer Conference

Jefferies is providing a few takeaways on Wal-Mart WMT from the Global Consumer Conference. “Consistent with recent remarks, Wal-Mart is squarely focused on getting comp store sales positive and is getting more disciplined on EDLP,” Jefferies writes. “David Cheesewright, President and CEO of Wal-Mart Canada, presented at the Jefferies Global Consumer Conference where he gave an informative presentation on the Canadian business, outlining its strategy.” Wal-Mart closed Tuesday at $53.29.