Walmart is in the midst of a brand renaissance.

Its shares are up +30% YTD as it buckles down on what it does best: groceries, ecommerce, and deals. Even its happiness levels have improved, now trailing once-esteemed Target (TGT) by only 3 points.

Results speak for themselves -- last quarter, the company logged $161 billion in sales.

Here's what we're watching heading into earnings...

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