Why Walmart took a bashing despite Q2 beat-and-raise
US groceries-to-general merchandise giant Walmart (NASDAQ:WMT) delivered forecast-beating Q2 results on 20 August. And the world’s biggest retailer raised its FY27 earnings guidance, drawing confidence from market share gains at home and abroad. So why did the shares plunge almost 10% to $103.84 on Wall Street despite this impressive ‘beat-and-raise’ quarter? Share price: $103.84 (-9.2%) … Continue reading Why Walmart took a bashing despite Q2 beat-and-raise
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