Walmart Cuts Profit Outlook, Stock Plunges
July 26, 2022
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1:23Now PlayingWalmart Cuts Profit Outlook, Stock Plunges
YouTube Description
as posted by the channelWalmart says its adjusted earnings per share will fall as much as 13% in the current fiscal year as US shoppers spurn big-ticket items and focus on buying less profitable groceries with consumer prices soaring. Bloomberg's Kailey Leinz reports on the outlook and its impact on the retail sector.
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