Why Walmart Stock Fell Today

Walmart stock dropped 9.15% after reporting U.S. comparable sales growth of only 2.6%, falling short of Wall Street's 3.5% estimate and marking the slowest comp growth since the early pandemic. While e-commerce sales surged 23% and advertising revenue jumped 38%, the disappointing store sales reflect consumer spending pressure from higher gasoline prices. The company plans to reinvest tariff-related savings into price cuts to gain market share.