WHAT HAPPENED
comparable sales growth in six years during its latest quarter, as higher gas prices, cautious consumer spending and changes in pharmacy pricing weighed on the retail giant’s results. comparable sales, which measure sales from stores and digital channels operating for at least 12 months, increased 2. It was Walmart’s smallest quarterly gain since 2020 and fell short of Wall Street expectations of roughly 3. The company said new pharmacy-pricing regulations significantly affected the figure. Walmart shares fell roughly 9% following the earnings announcement, marking the stock’s largest one-day decline since 2022.
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