NewsMV
Walmart (NASDAQ: WMT) is in focus at roughly 16% below May's peak, a level reached after the retailer's fiscal Q1 print landed with flat full-year guidance and CEO John Furner's acknowledgment that U.S.
consumers are feeling pressure and not always finding the value they seek in its stores. The next confirmable milestone is whether management lifts the full-year outlook at the next quarterly print.
Where the numbers stand The e-commerce line is the cleaner part of the story.
Walmart's digital arm posted 26% year-over-year revenue growth last quarter, led by store-fulfilled pickup and delivery, and outpaced Amazon in the same period.
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