By Corey Mann You may want to keep a close watch on the WMT stock price right now. Why? Walmart (NYSE: WMT) announced its 2019 fourth quarter earnings report this week. Let’s just say the holidays weren’t as joyful for the retail giant.
Walmart didn’t meet expectations as sales fell short of analysts’ estimates. In addition, employees are expecting job cuts in the coming weeks.
Keep Watch on WMT Stock
Walmart’s earnings report is a cause for concern in many investors’ minds. However, the company was quick to address the report and its findings.
“Sales leading up to Christmas in our U.S. stores were a little softer …read more
