Sales at stores and websites open for at least one year — a key measure of the retailer's health— increased only 1.9% during its final quarter of 2019. That included a 35% spike in online sales. Walmart was hoping for a better performance.Macy's just dealt a big blow to the struggling American mall"In the few weeks before Christmas, we experienced some softness" in toys, video games and clothing, Walmart chief financial officer Brett Biggs said in a news release.
There were six fewer days this year between Thanksgiving and Christmas than last year.The company missed Wall Street's expectations for sales and profit, sending shares of Walmart down slightly in pre-market trading. Heading into Tuesday, Walmart's stock has rallied 19% over the past 12 months.
Awww Walmart lost money.
There’s very little worth buying in Walmart anymore. They’ve replaced every product that was of even modest quality with the cheapest chinese garbage they can import.
Walmart is not immune from the law of karma. retail giants have fallen before because they did not respect the worker.
It has not been enough for them. They want more profit.
How was Amazons?
What holiday? Was it presidents day?
Which holiday season ...? Oh you mean CHRISTMAS?!
Remember people, this is CNN, the Fake News Network. Apparently these people didn't stand in long lines at Walmart as the rest of us did. What did this Network and the left call us, Smelly Walmart Shoppers.
FactsFirst Overall holiday spending up 4.1% due to massive online sales.
But how was Amazon sales? Somebody picked up the slack. Nobody goes to store anymore with Prime out there
Gucci fan cool
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