Tyler Crowe

We're seeing consumer sentiment surveys are way, way down.

Even with lower mortgage rates, if people are in such a malaise in terms of their spending, that's going to make it that much harder.

To take it one step further, it's not just that the rates have to come lower.

People, I think, are going to have to actually get comfortable with those rates to really take on that big project.

Coming up after the break, the marathon for earnings continues with America's largest retailer.

Normally, we wrap up the Thursday show with stocks on our radar, but with so many intriguing earnings stories this week, we're going to do one more, and that's Walmart's earnings.

This one stood out again this quarter because after Target reported earlier this week and went into their bag of management excuses, Walmart once again put up great numbers and raised its sales outlook for the fiscal year.

Now, John, you, Rachel, and Travis covered targets earnings yesterday, so we're not going to get too deep into targets numbers specifically.

Matt, I want you to give the results of Walmart.

And then, John, I want to ask, after seeing Walmart's results, have it kind of changed your opinion on targets at all?

Yeah.

At this point, I'm not sure how many more excuses Target can have because this is becoming quite the quarterly tradition where

Management says something that outside of their control is wrong.

Then Walmart makes Target's management look silly less than 48 hours later, even with a change in CEO.

We got a new Walmart CEO this quarter.

It'll be interesting to see if Target's saying, new guy on the job, thing like that.

I'm sure that Walmart's just going to put up great numbers again, even through a transition.

We'd love to keep going, but that's going to be all the time we have for today.

Matt, John, thanks for sharing your thoughts.

A quick programming note, we won't be doing a show next Thursday for Thanksgiving, so this crew of rotating Motley Fool hosts and analysts will get to be the first people to wish everyone a happy Thanksgiving.