πŸ“ˆ TKer by Sam Ro

πŸ“ˆ TKer by Sam Ro

These charts explain Walmart's stunning profit warning πŸ“‰

But what's bad for Walmart may be good for consumers 😘

Sam Ro, CFA's avatar
Sam Ro, CFA
Jul 25, 2022
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Walmart WMT 0.00%↑ warned Monday that its profits for the year would be much lower than previously anticipated.

β€œFood inflation is double digits and higher than at the end of Q1,” the company said in a statement. β€œThis is affecting customers’ ability to spend on general merchandise categories and requiring more markdowns to move through the inventory, particularl…

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