Walmart Shares Dip Today as Q2 Earnings Miss Expectations Despite Raised Outlook
Walmart Shares Dip Today as Q2 Earnings Miss Expectations Despite Raised Outlook Walmart (WMT) shares saw an approximate 2% dip in premarket trading Thursday after the retail giant reported its fiscal second-quarter earnings, falling short of Wall Street’s profit expectations for the first time since May 2022. Despite missing adjusted earnings per share estimates (68 cents reported vs. 74 cents expected), Walmart surpassed revenue forecasts, raking in $177.40 billion against an anticipated $176.16 billion. The company also raised its full-year…