Walmart CFO defends conservative guidance as Wall Street stays bullish on the stock despite plunge
Shares of the retail giant sank more than 6% in trading on Thursday after it put forth conservative 2026 fiscal year guidance, which it has done for the past two years. It projects net sales to increase between 3% and 4%, in line with a target of 4% annual sales growth it laid out years ago.
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Walmart on Thursday forecast sales and profit for the fiscal year ending January 2026 below Wall Street estimates, suggesting ...
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