Former Walmart U.S. CEO Bill Simon questions stock drop: 'It was about as good of a quarter as any retailer could have in any environment'
1. Walmart raised full-year sales and earnings forecasts but stock dropped 4.5%. 2. Former CEO Bill Simon finds the stock decline surprising given strong performance. 3. Tariff impacts are negligible, according to Simon, which adds to optimism. 4. One-time expenses caused the first earnings miss in over three years. 5. Walmart shares are down 7% from record highs but up 8% year-to-date.