Marquard maintains that Scott “inherited” baggage including a market multiple that “got well ahead” of the stock and the company’s growth. However, the consultant says Scott has presided over a resurgence of the firm’s former “productivity loop” and “strong process organization” — which has helped reverse the six-year downward trend in Wal-Mart’s overall-sales growth rate, lifting it to 11.7% from 9.5%. But he cautions investors and C-level executives alike: Scott must maintain focused on “returning to those roots” to sustain today’s good news.

Click Here to read the full CNBC article and watch interview.

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