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WALMART: - CONSUMER IS STRETCHED - HIGHER GAS PRICES ARE A CONCERN - SLOWEST US SALES GROWTH I...
2 hours agoamitamitisinvesting
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Walmart reported Q2 US comparable sales growth of 2.6% (missing the 3.7% estimate) alongside a Q3 EPS guidance miss of $0.64 versus the $0.68 estimate, while noting a stretched consumer and its slowest US sales growth in six years. Despite the headwinds, Q2 revenue grew 5.9% and EPS grew 19%. The stock dropped $6.85 (-5.99%) in pre-market trading to $107.45.

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breaking down tech, business, & stocks $PLTR