Walmart Earnings Top Views, But Stock Tumbles on Weak US Sales, Guidance

3-line summary

• Walmart's earnings beat views, but the retailer reported a rare comparable-sales miss as consumers cut spending, and guided lower — shares fell before the open, according to Investing.com and Investor's Business Daily.
• Walmart is the world's largest retailer by sales, making its results a closely watched barometer for global consumer spending.

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