this post was submitted on 21 Aug 2026
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Economics

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Walmart stock tumbles 9% after outlook disappoints Wall Street (www.cnbc.com)
submitted 2 days ago* (last edited 2 days ago) by MicroWave@lemmy.world to c/economics@lemmy.world
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[–] reddig33@lemmy.world 7 points 2 days ago

“posted quarterly sales that beat Wall Street estimates and raised its outlook for the year, as it saw another strong quarter of e-commerce growth and benefited from tariff refunds.”

Walmart: We made lots of money and expect to make lots more!

Wallstreet: Not good enough. Stock go down!