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Wal-Mart Bucks Industry Trends to Deliver a Strong Quarter

Wal-Mart (NYSE: WMT) has managed to put up some pretty impressive numbers when you consider what's going on in the retail space.

While rivals like Target and Macy's are struggling to varying degrees, Wal-Mart has managed eight straight quarters of comparable-store sales growth in the United States while increasing traffic to its stores for seven straight quarters.

That's good news, but it's only part of the story. Fool.com contributor Daniel Kline appeared on CNBC Asia to discuss the company's earning results the evening of their release. On the program, Kline discusses how Wal-Mart is winning share from its rivals, which buys it time to bolster its digital operations.

But that segment grew as well for the quarter, climbing nearly 12%, but digital sales are just a tiny sliver of the company's total. That is going to have to change in order for the company to succeed in the longer term.

This video was recorded on Aug. 16, 2016.

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Daniel Kline has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.