US retail giant Walmart has issued its second profit warning in ten weeks as consumer spending habits shift. That’s bad news for Walmart, says John Stepek – but is it bad news for the rest of the economy?
from Moneyweek RSS Feed https://moneyweek.com/investments/stocks-and-shares/retail-stocks/605164/walmart-profit-warning-bad-news-for-the-economy
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Wednesday, July 27, 2022
Walmart’s latest shock profit warning tells us a lot about the post-pandemic world
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