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Why Walmart Stock Fell despite Many Positives in First Quarter

Adrian Stevens
Why Walmart Stock Fell despite Many Positives in First Quarter

Walmart (WMT) reported better-than-expected fiscal Q1 2019 results (the quarter ended April 30, 2018) on May 17. Walmart’s top-line and bottom-line results came in ahead of analysts’ expectations and saw YoY (year-over-year) improvement. The company saw continued strength in its US business, its largest business segment by sales and profitability.