For one, shoppers have made a massive flight to lower prices, which Walmart has more of, as low- and high-income consumers alike protect their pocketbooks. Walmart’s size and cash also give it the advantage in handling e-commerce deliveries more quickly and ensuring that things people want are on the shelves.

Live Updates Live Coverage Updates appear automatically as they are published. Zoom Stock (What Else?) Zooms Higher 9:38 am One more high-profile earnings report from last night: Pandemic star Zoom Communications (Nasdaq: ZM) reported a $1.

US stocks ended lower, with the S&P 500 falling for the fifth straight day. Investors feel less confident in a September rate cut. Walmart sinks Dow.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Shares of Walmart (NYSE: WMT) fell 4.9% Thursday. The drop came as the S&P 500 lost 0.5% and the Nasdaq Composite lost 0.4% as investors await Federal Reserve Chair Jerome Powell's speech tomorrow.

The Bentonville, Ark.-based firm posted adjusted earnings per share of $0.68, below the $0.73 expectation of analysts surveyed by Visible Alpha. Revenue increased nearly 5% year-over-year to $177.40 billion, ahead of the $175.97 billion consensus.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Walmart stock came under pressure after the results showed the company reported adjusted earnings per share of $0.68, below the $0.74 the Street had forecast. This was the first quarterly earnings miss since May 2022 after the company said it incurred one-time charges related to legal matters and restructuring in the quarter.