Walmart Misses Profit Expectations, Depicting Consumers’ Pressure
May 17 2022 - 11:48AM
ValueWalk
Quarterly earnings of Walmart Inc (NYSE:WMT) fell short of Wall
Street estimates as the giant retailer’s earnings per share topped
$1.30 against expectations of $1.48. For investors, the results
reflect how consumers are dealing with rising inflation and soaring
fuel costs. Walmart’s Earnings Report Walmart’s net income dropped
to $2.05 billion from $2.73 billion during […]
https://www.valuewalk.com/walmart-misses-profit-expectations-depicting-consumers-pressure/
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