Walmart is in a slump. It reported a drop in Second Quarter profits and missed wall street earnings estimates and said growth for the full year wont be as strong as thought. On the bright side, more shoppers are shopping at walmart here in the u. S. And spending slightly more but costs are rising faster. Today, investors sent shares of the dow component down to a 52week low thinking walmart, the worst performer on the Dow Jones Industrial average for the day. Courtney reagan has more on the company that many consider to be a barometer of the consumer economy. Reporter while walmarts u. S. Comparable sales improved for the fourth straight quarter and sales traffic increased, it wasnt enough to keep the retailer from significantly lowering its full year earnings guidance. There are headwinds that cut into the quarter, many of which walmart expects to continue, including increased employee hours at now higher wages, lower reimbursements from prescription drugs. Walmart explains that shrin
Walmart is in a slump. It reported a drop in Second Quarter profits and missed wall street earnings estimates and said growth for the full year wont be as strong as thought. On the bright side, more shoppers are shopping at walmart here in the u. S. And spending slightly more but costs are rising faster. Today, investors sent shares of the dow component down to a 52week low thinking walmart, the worst performer on the Dow Jones Industrial average for the day. Courtney reagan has more on the company that many consider to be a barometer of the consumer economy. Reporter while walmarts u. S. Comparable sales improved for the fourth straight quarter and sales traffic increased, it wasnt enough to keep the retailer from significantly lowering its fl year earnings guidance. There are headwinds that cut into the quarter, many of which walmart eects to continue, including increased employee hours at now higher wages, lower reimbursements from prescription drugs. Walmart explains that shrink in
Walmart is in a slump. It reported a drop in Second Quarter profits and missed wall street earnings estimates and said growth for the full year wont be as strong as thought. On the bright side, more shoppers are shopping at walmart here in the u. S. And spending slightly more but costs are rising faster. Today, investors sent shares of the dow component down to a 52week low thinking walmart, the worst performer on the Dow Jones Industrial average for the day. Courtney reagan has more on the company that many consider to be a barometer of the consumer economy. Reporter while walmarts u. S. Comparable sales improved for the fourth straight quarter and sales traffic increased, it wasnt enough to keep the retailer from significantly lowering its full year earnings guidance. There are headwinds that cut into the quarter, many of which walmart expects to continue, including increased employee hours at now higher wages, lower reimbursements from prescription drugs. Walmart explains that shrin
Bad but the fight still has to go on. Three firefighters killed in the line of duty. Authorities say the firefighters were involved in a vehicle accident when the fire overtook them. Unrest on the streets of st. Louis following the Fatal Police Shooting of a black 18yearold. Police say he was pointing a gun at them. He was a democrat longer than he was a republican. The war of words are erupting between them. You know whats happening to jebs crowd, as you know, right down the street . Theyre sleeping now. A blast leveled 16 rooms of a hotel. It critically injured a gasline worker. Clinton denied that on the campaign trail hillary f youre trying to convince me of your innocence, you really picked the wrong outfit. The new policy. Regal cinemas is checking bags. Firefighters were cooling diesel tank on an amish farm in maryland and it exploded. No one was hurt. All that a wild rabbit brought out the red flag at bristol motor speedway. There you. It is a star warsthemed night. You cant sa
Three firefighters killed in the line of duty. Authorities say the firefighters were involved in a vehicle accident when the fire overtook them. Unrest on the streets of st. Louis following the Fatal Police Shooting of a black 18yearold. Police say he was pointing a gun at them. He was a democrat longer than he was a republican. The war of words are erupting between them. You know whats happening to jebs crowd, as you know, right down the street . Theyre sleeping now. A blast leveled 16 rooms of a hotel. It critically injured a gasline worker. Clinton denied that on the campaign trail hillary f youre trying to convince me of your innocence, you really picked the wrong outfit. The new policy. Regal cinemas is checking bags. Firefighters were cooling diesel tank on an amish farm in maryland and it exploded. No one was hurt. All that a wild rabbit brought out the red flag at bristol motor speedway. There you. It is a star warsthemed night. You cant say that on tv. And all that matters. Th