Walmart Gives Up All Gains After Company Warns Of Revenue Slowdown

Walmart masking a problem

A (TLB) Editors note: At the bottom of this article see ATTENTION WALMART!!! This is “A Customer” speaking.

Walmart Gives Up All Gains After Company Warns Of Revenue Slowdown Amid Stimulus “Taper”

(ZH)  After soaring as much a 6.7% premarket following blockbuster earnings that saw non-GAAP EPS print above the highest sellside estimate and comp store sales which came in at 9.9% vs the 6.2% consensus estimate , Walmart shares turned red as investors were spooked by company commentary about the current quarter. Specifically, the selling started after the company unveiled that topline performance slowed in July to around 4%.

According to RBC analyst Scot Ciccarelli, WMT comments that sales begin to “normalize” in July “may suggest that the outsized gains experienced over the last few months may be starting to ebb” as government stimulus money “tapered off.”

He adds that while Wall Street should be expecting a slowdown from the quarter’s “nearly 10% run rate, the magnitude of change may give some investors pause as sales sustainability is one of today’s key topics in retail.” His price target: $132, or just where the company closed on Monday.

Separately, Bloomberg notes that while MKM’s Bill Kirk wrote that the retailer’s “strong” gross margin was a positive sign for peers, he too would be listening for comments on call regarding the “interruption of stimulus checks” impact on August and what Walmart intends to do with its ~$17bn cash balance.

Investors aren’t likely to show as much patience, and after pushing the stock as high as $144 premarket, it was last trading some $9 lower.


(TLB) Editor: ATTENTION WALMART!!! This is “A Customer” speaking. You might change your minus -income flow if  you would take away your “silly ass” requirement to wear a MASK and Stand Away from each other like we were complete strangers.

I along with thousands of other EX-Walmart Customers would return to happily push our carts down open and free isles. (Yes, the ‘One Way’ arrows have to go also.)

A Corporate Guide

We customers understand how ‘insulated’ you Corporate Folks can become having to set hours at a time at your desks punching numbers into a machine so you can see “The Tail of The Tape.” So here are a few facts you may want to consider about Masks and the associated subject.

The Covid-19 virus is less dangerous/contagious than the Flu or Common Cold. Yet we don’t see Walmart enforcing a mask requirement during the Cold and Flu season.

Many Medical Doctors have stated that Masks are unhealthy to use; and in many cases may be deadly to some people, depending on their health issues. So is Walmart ready to assume and take responsibility of it’s customers health outcome from wearing a Mask?

And, in the event you need a little more information>>>Masks Don’t Work: A Review of Science Relevant to COVID-19 Social Policy

We will stop there as we have opened a can of worms that only your Corporate Legal Beagles can appreciate. 

Oops, we just changed the Tail of The Tape again.

Tell you what Walmart… let’s make a deal. You stop telling us how to run our life and take care of our health and we will stop telling you how to run your Corporation.


(TLB) published this article from ZeroHedge as compiled by Tyler Durden



Stay tuned to …


The Liberty Beacon Project is now expanding at a near exponential rate, and for this we are grateful and excited! But we must also be practical. For 7 years we have not asked for any donations, and have built this project with our own funds as we grew. We are now experiencing ever increasing growing pains due to the large number of websites and projects we represent. So we have just installed donation buttons on our websites and ask that you consider this when you visit them. Nothing is too small. We thank you for all your support and your considerations … (TLB)


Comment Policy: As a privately owned web site, we reserve the right to remove comments that contain spam, advertising, vulgarity, threats of violence, racism, or personal/abusive attacks on other users. This also applies to trolling, the use of more than one alias, or just intentional mischief. Enforcement of this policy is at the discretion of this websites administrators. Repeat offenders may be blocked or permanently banned without prior warning.


Disclaimer: TLB websites contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of “fair use” in an effort to advance a better understanding of political, health, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than “fair use” you must request permission from the copyright owner.


Disclaimer: The information and opinions shared are for informational purposes only including, but not limited to, text, graphics, images and other material are not intended as medical advice or instruction. Nothing mentioned is intended to be a substitute for professional medical advice, diagnosis or treatment.

Be the first to comment

Leave a Reply

Your email address will not be published.