Markets

Walmart tumbles after online sales growth slows

Walmart is down more than 6% Tuesday morning after reporting disappointing earnings. The world’s largest retailer reported adjusted earnings of $US1.33 per share where Wall Street expected $US1.37. Revenue was better-than-expected, but contributions from e-commerce fell by 27 percentage points from last quarter. Shares of Walmart fell as much as […]
Walmart tumbles after online sales growth slows