Some Wal-Mart (WMT) investors are calling Day 1 of the current analyst meeting, a fiasco! The pressure is on now, as Chief Executive Lee Scott addresses a hostile crowd on Wednesday.
CNBC’s Margaret Brennan joined the panel for this conversation. Following are excerpts from what was said.
Wal-Mart lowered its capital spending forecast, but not as much as the Street had hoped, explained Brennan.