Walmart Sales Miss Expectations

Walmart’s Q1 financial results are out.

Earnings per share came in at $1.14 per share, which was right in line with expectations.

However, sales are looking weak.

Comparable store sales excluding fuel fell by 1.4%. Analysts were looking for a 0.1% decline.

More to come…

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at