Walmart plunges about 9.6% on US comparable-sales miss
WMT Walmart Inc
$103.84 -9.15%
View chart & analysis → - 1Walmart (WMT) shares fell about 9.6% on Thursday after a US sales miss, settling at $103.35
- 2Comparable sales rose 2.6%, missing expectations of roughly 3.8% and marking the first miss in over five years
- 3Revenue climbed 5.9% and the annual growth outlook was raised to 4–5%, but discretionary spending weakness was cited as a drag
This 3-line summary is compiled from the report below.
The Wall Street Journal +4 View original ↗
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