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#walmartfalls9persentage

walmartfalls9persentage

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MaheshJBG
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๐Ÿšจ WALMART $WMT CRASHES 9.73% AFTER EARNINGS {future}(WMTUSDT) Walmart delivered a strong EPS/revenue quarter, but investors focused on a major sales-growth slowdown. U.S. comparable sales increased just 2.6%, below the 3.8% expected โ€” the weakest growth in six years. ๐Ÿ“‰ Why the sell-off? ๐Ÿ›’ Consumer spending is showing signs of weakness โ›ฝ Higher fuel prices are pressuring household budgets ๐Ÿ“Š Q3 earnings outlook came in below expectations ๐Ÿ’ฐ Walmart is cutting prices on ~11,000 items to stimulate demand ๐Ÿ›๏ธ E-commerce remained a bright spot, growing 24% WMT's earnings show that even America's largest retailer may be feeling increasing pressure from the consumer. ๐Ÿ›’๐Ÿ“‰ #WalmartFalls7% #WalmartFalls9persentage
๐Ÿšจ WALMART $WMT CRASHES 9.73% AFTER EARNINGS

Walmart delivered a strong EPS/revenue quarter, but investors focused on a major sales-growth slowdown. U.S. comparable sales increased just 2.6%, below the 3.8% expected โ€” the weakest growth in six years.

๐Ÿ“‰ Why the sell-off?

๐Ÿ›’ Consumer spending is showing signs of weakness

โ›ฝ Higher fuel prices are pressuring household budgets

๐Ÿ“Š Q3 earnings outlook came in below expectations

๐Ÿ’ฐ Walmart is cutting prices on ~11,000 items to stimulate demand

๐Ÿ›๏ธ E-commerce remained a bright spot, growing 24%

WMT's earnings show that even America's largest retailer may be feeling increasing pressure from the consumer. ๐Ÿ›’๐Ÿ“‰
#WalmartFalls7%
#WalmartFalls9persentage
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