Dublin ohio
Elite Member
- Joined
- Mar 20, 2008
- Professional Status
- Licensed Appraiser
- State
- Ohio
Walmart lowered their earnings estimates for Q2 and Q3. It means either sales are down (not good) or that inflation has eaten into their profits (also not good because that means they still have inflationary costs to pass on. Which means higher consumer prices)Walmart stock went down today because their profit margin eaten up by inflation