Business & Economy · 23 views
Walmart’s stock slides as U.S. sales are hit by falling drug prices
The supermarket chain reported comparable U.S. sales growth of 2.6% in its second-quarter earnings, its lowest in over six years.
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Walmart’s shares fell after the retailer disclosed that comparable U.S. sales grew 2.6% in the second quarter, marking its slowest growth in more than six years. The decline was attributed to lower drug prices affecting sales.
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