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Walmart stock tumbles 9% after outlook disappoints Wall Street

⁨16⁩ ⁨likes⁩

Submitted ⁨⁨18⁩ ⁨hours⁩ ago⁩ by ⁨MicroWave@lemmy.world⁩ to ⁨economics@lemmy.world⁩

https://www.cnbc.com/2026/08/20/walmart-wmt-q2-2027-earnings.html

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  • reddig33@lemmy.world ⁨16⁩ ⁨hours⁩ ago

    “posted quarterly sales that beat Wall Street estimates and raised its outlook for the year, as it saw another strong quarter of e-commerce growth and benefited from tariff refunds.”

    Walmart: We made lots of money and expect to make lots more!

    Wallstreet: Not good enough. Stock go down!

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