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Walmart investors got caught asleep at the switch.Shares logged their worst day in more than a year on Thursday, tanking 6.23% as the retailer surprised investors with a weak 2025 outlook.
U.S. stocks slid after discount retail giant Walmart issued a weaker-than-expected outlook, prompting consumer spending and tariff concerns. Walmart shares slumped 6.5% after the retail giant ...
Macy's stock has dropped 19% this year to around $16 per share, compared to the $24.80 per share offered in a buyout it rejected in July. Same-store sales dropped 1.3% in Macy's preliminary third ...
A sharp slide for Walmart on Thursday helped pull Wall Street off of its record. The Dow Jones Industrial Average lost 450 points, or 1%, and the Nasdaq composite sank 0.5%. Walmart drove the ...
The U.S. consumer will be in focus this week, with the Commerce Department's monthly retail sales report and earnings results from two of the country's largest big box retailers all on deck.
Fast-forward to this week, when Walmart’s stock hit an all-time high on the strength of a quarterly sales report and forecast that blew past Wall Street expectations. In this consumer ...
U.S. stocks plunged Tuesday as the prospect of higher-for-longer interest rates and letdowns from big-box retailers dampened the mood on Wall Street to start a busy holiday-shortened week.
Meanwhile, Walmart stock rose more than 1% as America's largest big box retailer reported higher same-store sales growth than Wall Street had anticipated. Walmart also boosted its full-year ...
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