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1hon MSN
Walmart reports stronger-than-expected sales — but shares drop as profits get squeezed by tariffs
The world’s biggest retailer posted quarterly revenue of $177.4 billion — a hefty 4.8% jump that sailed past Wall Street’s $175.9 billion target.
Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America ...
Shares of Walmart are trading more than 5% lower following the world’s largest retailer’s quarterly earnings release. The results, announced this morning, triggered a selloff that pushed the stock ...
Stock futures are pointing to a lower open for major indexes on Thursday as investors prepare for tomorrow's highly ...
Wall Street's main indexes slipped on Thursday, as investors awaited clues on monetary policy from a Federal Reserve ...
Walmart’s report, due Thursday morning, should give investors the quiet they need to focus on the big picture. Analysts ...
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