Walmart’s Outlook Raises Concerns About Consumer Spending - Barron's
1. S&P, Dow, Nasdaq retreated after record closes. Markets swung widely. 2. WMT missed full-year forecast despite a strong holiday quarter. Guidance fell short. 3. Walmart expects modest 3%-4% sales growth. Analysts had higher expectations. 4. Weak consumer sentiment and inflation fears dampen the retail outlook. Caution prevails.