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Walmart Jumps 4%, Pushes Dow Futures Higher After Beating, Boosting Guidance

Walmart is trading 4% higher, pushed Dow futures higher, after reporting Q3 earnings that beat expectations on the top and (adjusted) bottom line – in big part due to the recent hurricanes – while boosting Q4 guidance, despite reporting a decline in profit margins. The company reported GAAP EPS of $0.58, which however management claimed […]

Walmart Customers Blast CEO’s Criticism Of Trump: “You Want To Be A Political Pundit, Go On CNN”

Walmart shoppers love the everyday low prices (apparently too low judging by this morning’s earnings guidance) they get shopping at the largest big box retailer in the country, but they apparently don’t give a rip about the political beliefs of its executive management team.   In fact, Walmart shopper Ed Congdon of Indiana thinks “all CEO’s […]