Reported 1 day ago
Walmart's shares dropped 6.3% following the release of their earnings report, despite a strong holiday season. The retail giant reported Q4 earnings per share of $0.66 on $180.55 billion in sales, slightly surpassing EPS estimates but falling short on sales. Concerns over future growth due to inflation and tariffs, alongside forecasts of only 3-4% sales growth next year, have left investors uneasy.
Source: YAHOO