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Walmart investors got caught asleep at the switch.Shares logged their worst day in more than a year on Thursday, tanking 6.23% as the retailer surprised investors with a weak 2025 outlook.
A sharp slide for Walmart on Thursday helped pull Wall Street off of its record. The Dow Jones Industrial Average lost 450 points, or 1%, and the Nasdaq composite sank 0.5%. Walmart drove the ...
Walmart’s share price dropped roughly 6% on Thursday after it announced its forecasted growth rates for revenue and operating profit would be below those of 2024. Investors had largely expected ...
Shares of Walmart are hovering near an all-time high of nearly $170 that was achieved in November. The company recently announced it is boosting the average pay of its store managers from $117,000 ...
Walmart operates over 10,600 stores and warehouse clubs around the world, but it still generated more than 80% of its revenue from its Walmart and Sam's Club's stores in the U.S. in fiscal 2024 ...
Here's where Walmart stands compared to its guidance offered in mid-May: Second Quarter Net sales Growth: +7.5% (+5% previously) Second Quarter Operating Income: -13% to -14% (flat to up slightly)
Walmart (NYSE: WMT) shareholders are basking in a record-setting year, with strong growth propelling the stock to a fantastic 81% return thus far in 2024, at the time of writing. In contrast ...
On Thursday, Walmart stock reached a record closing high of $162.61 per share. The stock started September near its all-time high but closed slightly off the record price at $161.56 on Friday.