"It's too difficult to tell at this early stage exactly how to forecast it," he said about the coronavirus. "We are still operating our stores [in China]. Almost all of them are open ... but operating on reduced hours," with a focus on selling food and consumables, he said.
Walmart has 430 locations in China. It also owns a minority stake in JD.com, one of China's leading e-commerce players. "Shipping and product coming out of China ... into the U.S. ... is an issue," McMillon said. "It's too difficult to call right now exactly what will happen in the [first] quarter. But we've said, because of what's happening on the ground in China ... we do expect to have some impact. But we are not currently putting that into our guidance."
Looking to the full year, fiscal 2021, Walmart said Tuesday it is calling for earnings to fall within a range of $5.00 to $5.15 a share. Analysts had been calling for annual earnings of $5.22 per share. Its fourth-quarter earnings came up short of analysts' expectations, as the company said there was weakness in toys, video games and apparel during the holidays.
HERE are a few pages from FAKEbook & InstaFAKE with some of the 'VIRUSES' That were used in the COMPUTER GENERATED 'CORONAVIRUS' MUST STOP 'FAKE' CYBER ACCOUNTS
Facebook fbnewsroom MUST STOP 'FAKE' CYBER ACCOUNTS THEY ARE BEING USED AS A 'WEAPON'
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