Walmart stock tumbles after the retailer lowers its sales outlook: "We are in an uncertain time"
Walmart delivered another year of strong sales and profits, but executives expressed caution about an uncertain economic landscape.
Walmart stock slides after issuing 'measured' sales outlook despite bumper holiday quarter
Walmart's quarterly revenue rose by more than 5%, but shares lost ground after the world's biggest retailer issued more-conservative sales guidance.
Stocks tumble as Walmart sales growth forecast disappoints
Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook. The Dow Jones Industrial Average fell 450 points, or 1%. The S&P 500 declined 0.4%. The tech-heavy Nasdaq lost 0.5%. Bank stocks also fell significantly, with JPMorgan Chase and Goldman Sachs also closing down about 4%.
Walmart forecast disappoints, shares fall on consumer worries
Shares of Walmart dropped as much as 7% Thursday morning after the world's largest retailer forecast sales and profit below Wall Street's expectations.
Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze
The company’s earnings forecast for the fiscal year fell below analysts’ expectations. Walmart on Thursday forecast sales and profit for the fiscal year ending January 2026 below Wall Street estimates,
Walmart stock tumbles on a lower-than-expected sales forecast
Walmart delivered another year of strong sales and profits, but executives expressed caution about an uncertain economic landscape.
Walmart Warns of Slower Sales Gains After a Bumper Year
The company’s shares retreated after executives set 2026 fiscal-year revenue and profit targets below analysts’ expectations.
Walmart Racks Up Sales Record but Sees Slower Growth Ahead
The retail giant continues to attract shoppers from across the income spectrum, but faces headwinds from stubborn inflation ...
Guzman y Gomez shares plunge as U.S. sales slow, underlying profit misses
By Sameer Manekar and Rishav Chatterjee (Reuters) -Mexican fast-food chain Guzman y Gomez on Friday reported first-half ...
Joann stores start going-out-of-business sales as company shutters 500 locations
Fabrics retailer Joann has started going-out-of-business sales at some locations after filing for bankruptcy and announcing ...
Ohio Joann stores begin going out of business sales. When the sales end, see list of closures
The going-out-of-business sales are underway at Joann Fabrics, which is closing 500 stores. See the full list of Ohio stores ...
UK retail sales leap in January as consumers defy weak outlook
British retail sales rose by a much stronger-than-expected 1.7% in January, the biggest increase since May last year, ...
Walmart faces some tariff challenges as Wall Street awaits record-breaking sales
The retailer serves as a barometer for consumer spending due to its scale and commanding market share of the U.S. retail ...
Marketplace2d
New car sales drop in January as dealer lots fill up
Car dealerships are bouncing back from pandemic shutdowns and chip shortages as new cars fill the lots. This is great for ...
Welcome To The Agentic Age Of Enterprise Sales
A new Accenture survey revealed that 96% of executives anticipate that agentic systems will automate tasks and workflows in ...