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Why Walmart Stock Underperformed in H1 2018

Adrian Stevens
Why Walmart Stock Underperformed in H1 2018

Its peers Costco (COST) and Target (TGT) rose 12.3% and 16.7%, respectively, during the same period. Walmart stock took a beating in February after it reported a slowdown in its e-commerce sales in its fiscal fourth quarter of 2018. Although Walmart’s digital sales reaccelerated in its fiscal first quarter of 2019, the stock hasn’t recovered yet.