WMT is trading 7.3% down at $121.35 after management’s Q2 EPS outlook missed consensus estimates, highlighting ongoing margin pressure from inflation and logistics.
- Management projects Q2 EPS of $0.72–$0.74, falling below the $0.75 analyst consensus.
- The cautious guidance overshadowed a Q1 revenue beat and solid growth in both U.S. comparable sales and e-commerce.
- While the broader market is also trending lower, Walmart’s decline is significantly steeper and primarily driven by the earnings update.