Walmart stock tumbles 9% after outlook disappoints Wall Street

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

17 points · 1 comments · view on lemmy.world

1 Comments

reddig33@lemmy.world · 6 pts · 13d

“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!