JUST IN: Walmart, $WMT, falls 8% as CFO says October trends have made them "pause and rethink the health of the consumer."
— The Kobeissi Letter (@KobeissiLetter) November 16, 2023
More specifically, Walmart said they saw a sharp falloff in sales during the last 2 weeks of October.
Management said there is still strain on the consumer… pic.twitter.com/hYdbA2VF8X