What to Expect with Walmart Earnings after Margin Compression Warning

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  • #36906
    Truman
    Participant

    Walmart Down Sharply After Earnings
    NYSE: $WMT
    $136.43 ▼ 11.78 (-7.95%)

    #36984
    MoneyNeverSleeps
    Participant

    Not one Dow 30 stock closed positive today:

    Verizon $VZ the best performer with -0.14%
    Walgreens $WMB -8.39%
    Coca-Cola $KO -6.95%
    Walmart $WMT -6.84% (Day 2 after earnings)
    Procter & Gamble $PG -6.15%
    Nike $NKE -5.7%

    #39414
    Truman
    Participant

    Walmart in the courts:

    Sued by FTC “facilitating money transfer fraud”;
    Texas AG Pax­ton “launch­es inves­ti­ga­tion into Wal­mart for poten­tial­ly deceiv­ing Tex­ans about opioids”

    $WMT 122.25, -0.12, -0.1%

    #36879
    ThePitBoss
    Participant

    The world’s largest retailer Wal-Mart on Tuesday report before the bell. WMT warned on margin compression and soaring dollar lowering forward guidance
    [See the full post at: What to Expect with Walmart Earnings after Margin Compression Warning]

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