Walmart Shares Slump on Weakest Sales Growth in Over Six Years

U.S. same-store sales growth was the weakest in six years.

Earnings back in focus on Thursday: Benzinga-selected slate runs from big-box retail and off-price apparel to industrial machinery & niche tech. Walmart is the marquee name, with…

Walmart shares fell 8% despite strong second-quarter results, with revenue rising 5.9%, e-commerce sales jumping 23% and operating income increasing 28.8%. Investors focused on…

By Nora Redmond and Bill Peters