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Walmart's stock dropped 7% as investors took in the retailer's Q2 earnings, which showed the slowest pace of growth for US sales in six years.
The supermarket chain reported comparable U.S. sales growth of 2.6% in its second-quarter earnings, its lowest in over six years.
Walmart reported another strong performance in the second quarter Thursday, but that was overshadowed by a more cautious outlook for the year. Shares slid 6% before the opening bell. Comparable sales in U.
Walmart is offering up some new deals, discounts and special offers right now, including a way to get a Peacock streaming subscription for free. While Walmart is touting its back to school deals
High gas prices and weaker pharmacy sales pushed Walmart's growth to its slowest pace in six years
Walmart’s updated earnings forecast for the fiscal year also underwhelms Wall Street.