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These charts explain Walmart's stunning profit warning ๐Ÿ“‰

www.tker.co

These charts explain Walmart's stunning profit warning ๐Ÿ“‰

But what's bad for Walmart may be good for consumers ๐Ÿ˜˜

Sam Ro, CFA
Jul 25, 2022
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These charts explain Walmart's stunning profit warning ๐Ÿ“‰

www.tker.co

Walmart WMT 0.00 warned Monday that its profits for the year would be much lower than previously anticipated.

โ€œFood inflation is double digits and higher than at the end of Q1,โ€ the company said in a statement. โ€œThis is affecting customersโ€™ ability to spend on general merchandise categories and requiring more markdowns to move through the inventory, particularlโ€ฆ

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